CTO 0.00% 0.5¢ citigold corporation limited

pooh bearWe're not saying that there's an 80% chance of there...

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    pooh bear

    We're not saying that there's an 80% chance of there being 10 mill oz gold at CTO and 20% chance of there being no gold at all - so it's not about a win or lose scenario or if a given horse in a melbourne cup will win or not ... what we're saying is that there's an 80% expectation that the interim 10 mill oz resource will all convert to 10 mill oz reserve.

    That's how highly predictable and repetitive the gold system at CTO is.

    Dont get it confused with BDG where the separate gill reefs do not allow this predictability and repetitiveness - then you can bring your horse analogy into it and a win or lose scenario - hit and miss analogy.

    there's no hit or miss with CTO.

    Remember this is an interim resource - it is expected to grow too - the potential is for over 50 mill oz here - I'm not saying it'll get there - but that's how big this repetitive system is.





 
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