interesting reading, page-8

This snippet comes from Criterion (Tim Boreham) writing in the Australian on Oct 3rd

"We rate Citigold a speculative buy. Lynch describes the "megalomania" of producers that never pay a dividend because they're always using cash flow to find the next lode.

"A 100,000oz a year mine should have the ability to spin off huge amounts of cash," he says, which we'll take as an assurance that the cheque will soon be in the mail."

That's exactly what I want to hear from the Managing Director! Let's hope his view is shared by the rest of the board, and we can look forward to an on-going dividend flow over the long life of this great mine


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