pound pound pounding away at 10 cents ..., page-29

My thoughts on any insto participating in a placement is that they deserve to lose their jobs if they get sucked in.

Past history of this company continuing to always miss production targets by a LONG LONG way, and to continue to burn cash and require 2 or 3 raisings a year..... Come on seriously? Any insto that puts more cash into CTO will get a big black mark next to their name as being totally reckless with their investors money.

I sold out at a loss (13c from 15c buy) when they dramatically revised down there production forecasts a couple of months ago. Not bitter, I took it on the chin.

I would buy back in at 2-3 cents giving this a market cap of 20-30m - still generous.

TBR - Tribune is my favourite goldie, just look at there current productions vs market cap. And then compare to CTO with 5000oz a quarter - a joke!

Good luck all