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0.00% 0.5¢ citigold corporation limited

Exactly right.You can have a geological resource of 11 mill oz...

  1. find8
    2,739 Posts.
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    30/06/12
    20:10
    Post #: 10377062
    Exactly right.
    You can have a geological resource of 11 mill oz which at the same time amounts to an economic resource of 0 oz.

    Lihir made a big mistake with the Ballarat mine and looks like Lion which is not even a miner anyway, and which does not have the same expertise as Lihir, may have likewise made their mistake here ?
    Time will tell.
    Lion has a spread of gold companies, so is probably banking on some being winners and accepting some will be losers ?





    CTO Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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