GOLD 0.51% $1,391.7 gold futures

gold standouts market cap vs igv, page-3

  1. 20,020 Posts.
    lightbulb Created with Sketch. 870
    Ronraine, I appreciate that but CTO??!!!

    DYOR people, but there is a lot of shareholder dissatisfaction with CTO. They may say they have 10 million ounces of inferred resources but they can't get it out of the ground any faster than a snail's pace and without continually spending shareholders' money.

    I would recommend chewing your own arm off first. Then if you find that an enlightening expperience, perhaps buy into CTO then. Plus the SP has been on a continual downward slide. The trend is your friend (or enemy).

    SLR is the best junior producer at the moment, IMHO. They are targetting 2.5 to 5 million ounces as part of their exploration prgramme and they have shown that they can extract gold at a high profit margin so they have runs on the board.

    Saying you have a massive inferred resource and getting it out of the ground in a timely and economic fashion are two different things!
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.