CTO 20.0% 0.4¢ citigold corporation limited

That may be so, but just on the value of the resource alone,...

  1. 14,914 Posts.
    That may be so, but just on the value of the resource alone, this stock should be double where it is now.

    I think a bit of bad sentiment has crept in here and rightly so, but I think it's become irrational. The day they start becoming cash flow positive (and I don't think that's far away) will be the day the shareholders stop paying for the delays. Dilution or not however, you must look at the market cap. It's very small for a resource this size regardless of how the mining is going.

    But I want to see them produce a decent amount of gold with good margin and until they are doing that, I won't touch em.
 
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