CTO 0.00% 0.5¢ citigold corporation limited

charnock, page-5

  1. BH!
    2,521 Posts.
    Thanks auaug. I agree with what you say. I'm comfortable that CTO has a large resource (whether it's 3m or 10m or 50m oz's, I don't know and don't care at this stage).

    They know that their main priority is ramping up production. At the moment, not enough people are convinced that they can get above about 5,000oz per quarter. If they can get to 10,000oz per quarter with their existing funds, I think they've find that a lot more people will become believers, not just in the production plan, but in the resource model, as well.

 
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