richierichie,
Best you read back over the posts on CTO and the company reports / promises / predictions / cap raisings etc for the past 6 years or so. It could be a good buy now for someone willing to punt on a penny dreadful could get back to 9 or 10c IF it manages to get at least $50mill to open things up, having said that $50mill I believe is way off the mark of what is required. There are many here that got sucked into the fools gold story over the last 10 years or so and have paid 6 times what the share price is now. The fanfare ended many years ago when they poured the first dore gold bar, it has been down hill since then.
Good luck, only punt what you are willing to lose.
DYOR My thoughts and ramblings only.
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