CTO 0.00% 0.4¢ citigold corporation limited

lion gold, page-11

  1. gmt
    7,978 Posts.
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    Cat, the only way Lion Gold can withdraw is sell their shares but imposiible for them to do that on market as there is little buying depth.It was stated that the early use of funds would be used for development and little or no production, however it is my view that production should have been paramount!! They seem to have added extra layers of management and no doubt salaries would have increased in addition there will be probably payments to management for being successful in getting the funding deal together. The way I read the deal Express Link have plenty of ways to exit the deal whenever they wish IMHO.

    Read "BSA Uncertainty" Page 38 Notice of EGM 4/06/13


    DYOR My thoughts and ramblings only
 
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