CTO 0.00% 0.4¢ citigold corporation limited

correction !!!should read 2008read the annual report, directors...

  1. 8,231 Posts.
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    correction !!!

    should read 2008

    read the annual report, directors are making money for themselves, not the share holders. the main honcho is drawing an annual salary of at least 500,000 a year on a company that is losing money, even some of the directors of companies making a billion or more dont get that much, they have made company announcements pointing to very rosey future thay have not come to fruition (100,000 ounces by end calender 2008 ?), they are issuing equity all over the place when they should have an income stream to pay for what they need including there own remuneration, thats why i believe this stock is so forlorn. as a holder i would hope that things change soon or i shall have to vote with my feet also.
    where are the regulators before another bucket load of shareholders lose there hard earned ? all too often occurence in my opinion !!!
    good luck all holders ;))
 
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