CTO citigold corporation limited
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is this the next madoff ponzi scheme, page-8

  1. pooh_bear
    601 Posts.
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    05/10/09
    15:32
    Post #: 5733979
    Over the past few years this company has increased its asset value by revaluing the process plant. This process plant only produces a few ounces and even then does not run very efficiently as it is used as the whipping boy for failing to meet targets.

    Can anybody explain this to me?

    Pro Bono Publico
    CTO Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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