CTO 0.00% 0.5¢ citigold corporation limited

An illustration of how fickle the stock market is can be is by...

  1. 390 Posts.
    An illustration of how fickle the stock market is can be is by comparing these 2 stocks. RMS has just ann. a resource of 83k oz. of gold (I'm sure there is more)at an overall grade of 16oz./ton. It's SP has traded as high as $2.20 and now sits at $1.20 and at the moment they are not producing any gold to speak of. On the other hand CTO has a JORC'd resource of 10 mil. oz. of gold at 14.7oz./ton and is one of the cheapest producers per ton in Aus. It's SP has stalled in the $.40-.50 range for months, while producing 6-7k oz. per month and increasing. To my mind either one of these is greatly overpriced or the other much underpriced. Which do you think it is? I own both, although I have sold 90% of my RMS.
 
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Mkt cap ! $13.5M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $4.687K 1.097M

Buyers (Bids)

No. Vol. Price($)
23 19606239 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 9479601 8
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Last trade - 11.47am 25/07/2024 (20 minute delay) ?
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