A nice chart comparing CTO with selected other Aus gold producers. SGX is second next to CTO for resources with 7 million ounces at only 2g/t, but they have a market cap of about $1,400 million. Most of their resources are in the "reserve" category, and with CTO's reserves projected to go from 330,000 oz to 2 million oz within 18 months, should we expect a similar increase in the market cap?
With additional shifts increasing gold production from about now, I think we can see blue sky ahead folks
CTO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
