CTO citigold corporation limited
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To mine this gold they will have to use robots tunneling very...

  1. Josh42
    1,518 Posts.
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    30/03/16
    15:46
    Post #: 17383342
    To mine this gold they will have to use robots tunneling very narrow shafts and following the veins. I'm told there are already steep declines. Does this technology exist as proven?
    And getting that ore out of the mine, processing it etc. is not going to be cheap as chips either.

    I can't see their mining costs per oz coming out at less than US$1,000 per oz. Marginal to say the least
    CTO Price at posting: 1.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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