In the March quarterly last year CTO only produced 2,522 ounces.
In the June quarterly last year CTO only produced 1,855 ounces.
In the September quarterly last year CTO only produced 2,609 ounces.
In the December quarterly last year CTO produced 5,563 ounces.
Based on CTO's past gold production history over a number of years (there was a quarter with over 4,000 ounces) we have no evidence yet that CTO is able to maintain or improve on the December quarterly's 5,563 ounces.
It will be a terrible disappontment for the market if CTO was to only produce around 2,000 ounces of gold in this March quarter.
So has January gold propduction got CTO off to a poor start for the quarter?
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