CTO citigold corporation limited
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  1. richrichie
    3,394 Posts.
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    31/03/12
    15:48
    Post #: 9923452
    Hi everyone,

    I just noticed this one from looking at other gold stocks.

    Can someone please tell me what's wrong with CTO's share price and chart? Looks like its doing poorly.

    But I looked at the stats:

    http://www.citigold.com/investors/statistics

    JORC resource of 10m oz @ 14g/t Au
    JORC resource of 0.33m oz @ 13g/t Au

    Expected cash cost < $500 per oz.

    Production began already.

    Apart from low cash availability, why is doing bad lately?
    CTO Price at posting: 6.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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