CTO citigold corporation limited
Add to My Watchlist 14.3% ! 0.3¢

is this the next madoff ponzi scheme, page-16

  1. titann
    27 Posts.
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    06/10/09
    14:59
    Post #: 5738641
    I agree with MangoMuncher more confidence is needed ,anyway most goldmines starting up and producing have problems.CTO said that at the end of the September quarter they would be producing 5000 oz and if they come in close it is still a big percentage increase in production and if they come close or near to producing there December forecast of 15000 oz that is again a big percentage increase in production.So what if they dont meet there targets as long as they are close and production keeps on increasing.



    this is in no way ment to be advice to anyone ,please conduct your own research etc
    CTO Price at posting: 16.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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