CTO need to deliver the goods and start pulling more gold out of the ground. Until the results are there to back up the share price i do not think we will see any rise in price any time soon. Specially with all the capital raising we have seen over the past months.
I agree that gold prices will have an affect but that is a variable that may or may not happen. Digging up more of the golden rocks will probably be predominatly whats on most investors minds. An as we all know with any market, the interaction of buyers and sellers decides the value of a stock.
The question for management is are they going to be able to achieve this, and if so when?
I am holding for the time being, having bought in so many moons ago.
CTO need to deliver the goods and start pulling more gold out of...
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