here's my take, page-10

Hi there,

Going through many of the post, gave me the impression some of you have very accurate information about CTO both interm of company financial position and management future planning.

I have been holding this share for long time seeing the value of my holding drop about 70%. My only hope for CTO is that it have 10mil oz AU to potential 50mil oz AU. IMHO many shareholders are in the same shoe like me.

The company have not revalue/reaffirm their JORC resources for many years and their reserves is insignificant. I recall a year ago, one of the chinese miner have some tie up with CTO and subsequently dissappear..... Anyone know the actual reason for the breakup?

I am very curious to know the outcome of Zhaojin finding. If that does not materialize. I will definately cut lost and call it a day. Just wonder why Zhaojin take so long to study the mine.

For those of you having "very accurate information" please enlighten us on how accurate the estimate of CTO resources or just as Nigeria scam.

If it is a scam, who should resposible to it, the management or the certified geologist or ASX regulatory body? Can shareholder take legal action on the person/s responsible for this?

Good luck with CTO