CTO citigold corporation limited
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I find it extraordinary that the SP is above 1 cent given the...

  1. gmt
    8,260 Posts.
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    11/01/17
    12:56
    Post #: 21817604
    I find it extraordinary that the SP is above 1 cent given the company has debts of circa $20mill, no production and no major financing deal. I expect another placement around $100k is around the corner to try and keep it afloat, given the last placement of $120k would be almost gone IMHO.

    The negotiations / discussions with other interested parties / partners has been going on for years, probably just a few small points to be ironed out.

    DYOR My thoughts and ramblings only
    CTO Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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