best gold spec starting to fire up...check the dep

CTO moving higher again...funding must be getting close to being finalised



Thought you might be interested in this analysis on Charters Towers Gold
Mines (CTO).

You might be particularly interested in Table 5, a comparison of all the
gold miners on the ASX. CTO has the cheapest gold in Australia ($9/oz), the
third largest Australian deposit in Australian ownership (15 Moz, at least
6.8Moz mineable), and are about 9 months from starting production.

The analysis shows that we could reasonably expect the CTO share price to go
from the current 20c to around 70c - 80c soon after funding (currently being
negotiated) and $2.50 within five years.