CTO 0.00% 0.4¢ citigold corporation limited

...mor interesting public information, page-4

  1. 79 Posts.
    Kind of makes you wonder where they are getting the $$ from, given that the Charters Towers operation shows accumulated losses of in excess of $31M AUD !!!

    But then, if you look at the $$ paid for the services of Messrs Lynch !!!!!!

    And that office in Dubai would HAVE to be a great value adder for their (non) gold production...how do they justify keeping it ?

    Also - Take a look at the Balance Sheet. Current Assets =$6.75 M (of which $5.5 M is shares in essentially themselves) Vs Current Liabilities of $ 10.359 of which $7.5M is owed to these jokers in the USA in liquidation AND under investigation by the SEC.

    All looking REAL rosy....No wonder the shareholders meetings are short and the correspondence not returned.

 
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