latest selling

Citigold has been investigating recent high volume sales, and it's not Dubai group selling... it's is one of the Nominee Companies on the register, who lend out shares to others (presumably for a fee) and they can do what they like with shares (in this case sell to suppress the price... for their own reasons, which we believe was them being a potential financier wanting the price down so they could get a better deal for themselves, but they were gazumped by the group with latest $5m funding issue, so now no need to dump shares so expecting a recovery soon).
Also Citigold said they are working on tunneling on multiple faces but don't expect much gold production in this qtr, but next qtr it will start to ramp up, but in last 2009 qtr things should really start to ramp up.
The market would normally get excited about this, but for failed targets in the past, so market is waiting actual results.
If the company does what it says, and no reason for further delays and they have $5m from issue, and $3m from gold sales... then expect cto to be 70c+ by end of Jan (when big qty comes out). They may even announce big gold sales by agm in Nov to help chairman Foley get re-elected.