I believe a funding deal is about to be announced! I think it would have to be a takeover or some sort. If I was the Chinese, and I was risking my money, I would at least try to maximise my return if it means only a few more millions of dollars to buy CTO.
I think there is gold out there and the Chinese knows that too. And if they don't buy CTO while they are reporting only 2,553 ounces a qtr. it would cost them alot more, if the report is more like 1500 ounce atr. but that a side. the Chinese are cahsed up and in the last 12 months they ahev been moving slowly in to CTO. and I think it was early last year, that a friend of mine was telling me that one of his contacts in the mines was saying, some chinese people were inspecting the mine sites, and it was only a few weeks later that we saw some funding deal come thru. So i think 12 months is a long time, and before end of this fin year, they are going to make thier move.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $8K | 2M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 51426 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 8517864 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 51426 | 0.004 |
19 | 15737355 | 0.003 |
7 | 9895025 | 0.002 |
11 | 14702988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 8517864 | 14 |
0.006 | 2946758 | 5 |
0.007 | 2263000 | 4 |
0.008 | 5043671 | 9 |
0.009 | 2846323 | 5 |
Last trade - 14.03pm 23/08/2024 (20 minute delay) ? |
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