CTO citigold corporation limited
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I see that CTO's market cap is $85.09M.That values CTO's claimed...

  1. siameseparrot
    24,765 Posts.
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    08/06/11
    11:37
    Post #: 8513150
    I see that CTO's market cap is $85.09M.

    That values CTO's claimed 10 million ounces of gold at AUD8.50 an ounce when gold is currently at AUD1443.

    In my opinion the market is laughing and treating as a joke CTO's JORC resource of 10 million ounces of gold and its publicly announced aspirations of producing 300,000 ounces per year of gold.

    lol rofl



    CTO Price at posting: 7.6¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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