i guess the chinese are running away..., page-11

Hi faithful shareholder,

I was once a faithful shareholder of CTO for many years. I have invested substantial portion of my total saving in CTO since 2007 and average down my position over last few years. I have waited faithfully for many years waiting for a white knight to CTO rescue but all my wait ended in a misserable nightmare with heavy 70% cut loss.

I was very uncomfortable when Zhaojin and many other miner drop CTO (either joint venture or takeover). I do not aware the actual reason for them not going ahead with CTO but I am sure no investor or miner will skip a gold mind with such excellence 10mil @14/g resources as claim.

If Reignwood is "running away" then confidence in CTO will greatly reduce. The future of CTO share performance is critical. I hope the CTO could reveal the truth of many fail deal and assure the shareholder of CTO future.

Good luck to all