"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."
EXACTLY RIGHT
"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)."
PLEASE LET IT BE SO, BUT I DON'T THINK THAT WILL HAPPEN UNTIL MAR OR JUN QUARTER PERSONALLY ... TOO MANY BROKEN PROMISES AND 1 QUARTERS GOOD PRODUCTION WON'T BE ENOUGH I FEEL.
They may even announce big gold sales by agm in Nov to help chairman Foley get re-elected.
WOULDN'T BOTHER ... MOST S/HOLDERS WON'T EVEN VOTE SO HE WILL BE RE-ELECTED BY DEFAULT.
CTO Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
