CTO citigold corporation limited
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i guess the chinese are running away..., page-7

  1. gmt
    8,244 Posts.
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    04/03/12
    11:47
    Post #: 9789833
    Sydney,

    Perhaps you should do some reading so you kow what inferred mineral resource means. " Lowest Level Of Confidence under the JORC Code.

    You may also wish to read this and go to the link below.

    "The Australian Securities and Investments Commission (ASIC) has recently announced it considers that exploration targets and Inferred Mineral Resources are not a reasonable basis for the reporting by resources companies of production targets and forward looking statements implying future economic viability."

    http://www.mondaq.com/australia/x/161826/Mining/Mineral+Resource+and+Ore+Reserve+Reporting+Review+Production+Forecasts

    DYOR



    CTO Price at posting: 7.0¢ Sentiment: None Disclosure: Held
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