gold standouts market cap vs igv, page-3

  1. 20,048 Posts.
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    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!
 
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