CTO citigold corporation limited

Vince,The notice relates to the 1.293mill sold on the 27th May...

  1. gmt
    8,258 Posts.
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    Vince,
    The notice relates to the 1.293mill sold on the 27th May which can be seen in the sales for that day. As for the 4mill that was for sale it is anyones guess, could have been LG or someone else testing the water to see if there are any genuine bigger buyers. There is no need for price manipulation, the decade or so of missed gold production targets / predictions and funding announcements that have amounted to nothing more than a few months of running expenses has been more than enough to destroy retail shareholder value!! The goal posts for this company are on wheels to make them easy to move.
    In reality do any of us really believe that someone is going to invest $100mill in a company with a current market cap of $48mill, and that has stopped producing gold?

    There are some interesting quotes to be found here
    http://www.barrypopik.com/index.php/new_york_city/entry/a_gold_mine_is_a_hole_in_the_ground

    DYOR My thoughts and ramblings only.








 
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Last
0.4¢
Change
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Mkt cap ! $12M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
20 20397419 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 4090032 5
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