Titann posted:"Gold production 1,855 oz is a positive ,this is...

Titann posted:

"Gold production 1,855 oz is a positive ,this is because CTO forecast 2,500 oz and they made 74.2% of there forecast with a lot of restrictions removed."

My comment:

I feel pretty confident CTO shareholders will be thrilled to learn that 1,855 ounces of gold production, in the June 2009 quarter - a massive 25.8% lower than guidance,
is a "positive" according to Titann.

In the June 2007 quarter CTO produced 2,601 ounces. So in the same quarter two years later - yes two years later - CTO recorded a comparative decline in gold production of 26.68%, despite all CTO's bullish calls over those two years.

Nothing to be concerned about. After all Titann posted:

"Gold production 1,855 oz is a positive ,this is because CTO forecast 2,500 oz and they made 74.2% of there forecast...."