CTO citigold corporation limited
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Find8 wrote that "CTO has demonstrated low operating costs under...

  1. siameseparrot
    24,765 Posts.
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    22/07/09
    18:24
    Post #: 5418714
    Find8 wrote that "CTO has demonstrated low operating costs under $500/oz."

    Find8, that is nothing more than an accounting entry.

    In the real world CTO's cash in hand consistently decreases instead of increasing and CTO has to regularly place shares and go to shareholders to raise more capital to make ends meet.

    That doesn't look like real world low operating costs to me.


    CTO Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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