CTO citigold corporation limited
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Vet14 posted:"I don't mind them heding production if it actually...

  1. siameseparrot
    24,765 Posts.
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    04/03/10
    15:59
    Post #: 6406200
    Vet14 posted:
    "I don't mind them heding production if it actually means them producing some gold."

    Have you considered that if CTO had hedged with the banksters it most likely would have gone under.

    1. A possible issue delivering enough gold into its hedges.

    2. Obtaining well below the current gold prices in a rising gold price environment for its gold production.
    CTO Price at posting: 9.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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