I really like you passion and I hope you keep it up, I've lost...

I really like you passion and I hope you keep it up,
I've lost count of how many days moving average now and how many "Bottom this time".
Hell it's had more bottoms than train full of Greens voters.
For your sake and the sake of many others I hope it heads north because there isn't too much south left to go. I've kept some of these as my punishment and a reminder that the written word and the spoken word of some companies and investment/ broker letters are sometimes not quite as truthfully as one would have thought.
May you have better happy hunting.
Citigold Corporation looking to become leading gold producer

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06:48 19 Oct 2009
Managing Director Mark Lynch told the Australian Gold Conference in Perth, the company had plans to become a leading gold producer from Charters Towers
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Australian-listed Citigold Corporation (ASX: CTO) is looking to become a leading gold producer, as investors in Perth found out recently when managing director Mark Lynch spoke at a Perth conference.
Mr Lynch told the conference Citigold is gold producer with a valuable asset at Charters Towers in north eastern Australia.
The mine, which has a project upside of 50 million oz and is the largest high grade gold resource in Australia, is a low-cost deposit with upside in resources.
The project contains a Mineral Resource of 10,000,000 ounces of gold (331 tonnes) at an average grade of 14 g/t gold, to strict JORC reporting standards, has been defined and documented.
Mr Lynch said the company plans to ramp up production, working towards 300,000oz annually, with investments to developing the gold mine standing at $120 million.
Annual forecast production of the mine next year is 85,000ozs, increasing to 160,000ozs the year after and doubling to the golden 300,000oz annual figure in 2012.
The mine is serviced by existing road, rail, air, power, water workshops and good accommodation.
Citigold has a growing cash flow from expanding gold mining operations and the huge capital growth upside of an exploration company seeking to define up to 50 million ounces of gold, according to Mr Lynch.
He said the company had invested more than $120 million to develop the goldfield, has commenced commercially extracting gold and plans to build up gold production from its underground mines in stages.
Citigold, which listed on the ASX in 2003, has grown to become a top 200 listed company with 11,200 shareholders.
The company has $225 million in net assets, nil bank debt and nil gold hedging.
Citigold is keen to expand its holding to gain further exposure to this Australian based pure exploration play.
The company recently wrapped a A$11.4 million capital raising via a share purchase plan and placement to fast-track gold production at Charters Towers.