Perhaps they are testing resistance with the view to re-rate the...

Perhaps they are testing resistance with the view to re-rate the stock as the other indicators come into focus...

CTO Positive Price Indicators:

1. $AUD Gold price
2. New Management, burn the dead wood. Vote NO for JF at the October AGM.
3. Exceed Production Targets for consecutive periods.
4. Efficient Warrior mine expansion, become self funding.
5. Further JORC conversion of inferred to probable.
6. Lower costs of production.
7. Re-open Sunburst mine.
8. Achieve company profitability & begin to offset tax losses.
9. Commence exploration of all the regional tenaments that have been acquired at great expense over the years.
10. New proven bonanza discoveries.

Real results & not incestuous insipidity is what the management of CTO need to tell us & the market.