Johno
It basically comes dow to this, its not that there might not be 10 million oz ( their probably is ) its the area that its spread over and the amount of BARREN dirt required to be removed or shifted to get the good ore out. This is IMO why the company has never reported total movements of ore v waste as this would easily then allow even the uneducated to realise that Cto does not at current or even significantly higher prices have an economic mine. The quarterlies constantly report that development costs more than gold produced which should be a dead giveaway that all is not good, especially when its constantly been that way for 5-6 years now. However if CTO could do a Gina and import 100s of chinese workers at 2 bucks a day plus keep to dig the stuff out with no regard to safety then the chinese current backers might be on to a winner.
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Johno It basically comes dow to this, its not that there might...
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19 | 15737355 | 0.003 |
7 | 9895025 | 0.002 |
11 | 14702988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.006 | 2946758 | 5 |
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