CTO 12.5% 0.5¢ citigold corporation limited

final quarterly cash flow update, page-13

  1. 3,631 Posts.
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    Cto holders Dont hold your breath waiting for good news the share price would seem to dictate that there is not a lot of change regarding production and holders are probably fortunate the Aus gold price has gone up a bit . Another quarter where they have kept there mouth shut regarding throughput grade and costs. If you get saddled with debt under this management i would be afraid , very afraid. They still spriuk 10 million oz and still spruik profitable production for the last 3 years despite not giving any meaningful guidance on grade tonnes and costs. Why it should if cash is taken out have a market cap 2 times what BDG has if cash is taken out is a mystery. At least Bdg publishes some meaningful costs and hasn,t had to raise more money since they restructured there operations.Anyway you all have had warnings from many and its cheap if it does come good but there is a lot of ?????????? marks with cto .
 
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