CTO citigold corporation limited

In August 2006 CTO made ASX announcements titled "Warrior...

  1. 24,765 Posts.
    In August 2006 CTO made ASX announcements titled "Warrior Approaches Gold" and "Warrior Intersects Gold Deposit." We were given confirmation that "Citigold has the ability to produce gold from the Warrior mine at the budgeted rate of 40,000 ounces per annum." lol rofl

    CTO hit 58 cents in August 2006. Gold was about US$600.

    CTO closed today at 12 cents. Gold is US$1327.

    We've had years of miserable gold production and dismally failed gold production guidance forecasts that are now no longer provided. Surely this should tell us something?

    How come some people are still making excuses for this disastrous ASX performer that has crashed in value by 80% while the gold price has increased in value by more than 100%?

    Nothing more needs to be said.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $12M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
20 20397419 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 3990032 5
View Market Depth
Last trade - 16.21pm 31/07/2025 (20 minute delay) ?
CTO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.