Good posts Skaterboy. I guess the point of my posts is that...

Good posts Skaterboy.

I guess the point of my posts is that people just cannot assume that CTO have all these vast gold resources with nearly all in the "inferred" category - yet large numbers seem to be thrown around as if proven facts with no distinction being made between what is "inferred" and what is "proved."

At this point in time, based on the CTO website information, CTO only has "probable," not "proved" gold resources. Obviously costly drilling just for the sake of upgrading to "proved" status is prohibitive.

The best confidence in CTO's resource base will come when CTO develops a serious, profitable production profile - not just a few thousand ounces a quarter.