CTO 0.00% 0.4¢ citigold corporation limited

buy gold at 20 cents per ounce, page-6

  1. 614 Posts.
    There's the $64,000 question ... I was hoping that there was enough there for it to be moving now ... but no, alas. My gut feel is that nothing much will happen until:
    a) The prove up the 40,000 oz pa (should be in next quarter)
    OR/AND
    b) They prove up new resources
    OR/AND
    c) They accelerate to 100,000 oz with minimum dilution
    OR/AND
    d) The gold price goes ballistic
    I think everyone is holding waiting on the move (which could come out of the blue ... look at RMS, up 150% in 2 days!).
    You have to have patience with these guys ... NEW BLOOD is needed to inject a bit of market excitement (IMHO)!
 
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