CTO citigold corporation limited

You will get nothing out of the management of CTO why do you...

  1. gmt
    8,244 Posts.
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    You will get nothing out of the management of CTO why do you think they changed from miner / producer to an explorer. This negates the need for forecasts which were previously never met nor did they even get close.This company is run it seems for the benefit of a few with scant regard for the retail share holders who in the past have been the major source of revenue. There will be all sorts of excuses in the next quarterly as to why the geophysics and mapping are not completed along with the poor recovery rate of gold but it all means nothing they are an explorer. There is absolutely no chance of them providing us with the amount of rock , dirt and rubble they removed before mining the gold bearing ore. It is all labeled as mine development, any gold retrieved during this development is more good luck than management IMHO.

    DYOR My thoughts and ramblings only
 
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