Citigold’s Managing Director, Mr Mark Lynch, commented that “a...

Citigold’s Managing Director, Mr Mark Lynch, commented that “a gold equity, such as Citigold, has more leverage than gold itself, because it is backed by its gold deposit asset, a low cost of production and a long mine life. If you buy an ounce of gold, that’s all you get. A gold mine equity can produce cash profits from extracting the gold from the ground where most of the value is added to the gold. A large gold deposit with a long life and low cost to mine has the potential to return substantial amounts of cash back to its shareholders during the life of the mine.”

At http://paguntaka.org/2009/02/24/citigold-plans-provide-acces-to-gold-reef-mining-areas-significant-increase-in-gold-mining-production/