I have been one of the most disappointed holders of CTO for a long time. But I have believed in Gold.
Ok it is not the JV that I was hoping for. But I have been pushing Mark Lynch to actually get some of these supposed JV parties to sign and put up the dollars. The announcement does not say cash and people from CTO are going to do the exploration Anhui are. CTO are "going to focus on developing and expanding the core gold mining area"
At least they have achieved something and someone else is putting up the cash and equipment. Nobody though that was real last week. Maybe next week a JV to develop a mine will eventuate and ML will be a hero. Or at least not as he is now.
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citigold corporation limited
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I have been one of the most disappointed holders of CTO for a...
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