CTO citigold corporation limited

They should be gone looking at their predictions!!Going by the...

  1. gmt
    8,257 Posts.
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    They should be gone looking at their predictions!!
    Going by the following announcement we should be at full production this year!!
    These guys have got hides thicker than elephants, it is just extraordinary that all this goes unpunished IMHO.

    ANNOUNCEMENT
    Charters Towers Update
    10 February 2010: Brisbane, Australia – Citigold Corporation Limited (Citigold) (ASX:CTO,
    FSE:CHP) is pleased to provide further details with regard to the planned expansion of mining operations, including plans to developed three reefs simultaneously at the company’s City mines area at Charters Towers. As outlined in the recent Quarterly Report, to take advantage of the strong gold prices and with Warrior on a growth path the Company considers it appropriate to commence planning to re-activate the Charters Towers “City” mining area. The development of the City “super mine” operations are expected to deliver commercial gold production as early as the end of 2012, with full production targeted for the following year.

    DYOR My thoughts and ramblings only
 
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