CTO citigold corporation limited
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Hi WotevaThe main concern is opening up the city reef mine is...

  1. axegun
    707 Posts.
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    09/02/10
    21:18
    Post #: 6309319
    Hi Woteva
    The main concern is opening up the city reef mine is that CTO are appearing to carry on as though there was no funding crises. Shareholders would sleep easier if they said we'll concentrate on breaking even with gold sales from the Warrior mine covering expenses. At the moment they are draining down their cash (read the last quarterly) and carrying on with dreams of opening another mine when the existing Warior mine is far from productive. Whatever the CTO management are on, I would like to be on it too. Then I'd sleep better and not worry.
    CTO Price at posting: 8.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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