CTO 0.00% 0.4¢ citigold corporation limited

trtkjd1,The difference between the companies u mentioned and cto...

  1. 643 Posts.
    trtkjd1,

    The difference between the companies u mentioned and cto is that cto is a "family business" and the pride of the family prevent them to do what they should do. More than this, shareholders are paying for this pride of holding a non-profitable mine. In this scheme everyone is happy: the family, workers, the town and amazingly the shareholders are also happy!

    I hope one day I will be able to figure out why shareholders are happy - at the moment I am puzzling :)
 
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