Bluestone, Poster Brownbag posted on the 16th September;"CTO...

Bluestone, Poster Brownbag posted on the 16th September;

"CTO will not meet the 5000 oz target this quarter. They had some problem with the carbon-stripping facility (whatever that is) and they have not been able to sell as much gold as they wanted. I am still waiting my cheque (as part of the Australian Gold Trust), but at least this time they gave me a clear and honest reason for the delay. I have been told that they have just had the problem fixed last week and will be making money again soon and be able to pay me by end of September.
Apparently, they will be catching up some amount by stripping and selling the stockpiles. However I imagine that this carbon stripping problem will cause a reduction in production for the quarter and that they won't make 5000 oz (not that anybody was expecting it anyway)"

As I said above I would like to see a copy of the correspondance before I commence inquiries.