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!
- Forums
- Commodities
- gold standouts market cap vs igv
Ronraine, I appreciate that but CTO??!!!DYOR people, but there...
-
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)