qarterly, page-8

Hippo thanks for clarifying the size of the development drive. But it still doesn't answer the big question of why this thing is taking so long to develop . Question how much dilution are they getting . If it was as easy to just go in and mine the ore with minimal dilution and decent tonnes without having to develop heaps to get it Cto would be rolling in it buy now. But they are not. Maybe this in ore development will help as at least they are getting some cash whilst mining. Best drilling results I could see in the quarterly were half a metre at 14.9 grams one of the others was .2 of a metre at14.2 and half a metre at 5.9 these are a long way short of 1 m at 18 grams. I,m quite shure if CTO had continuous grades that showed the 13 - 14 grams average grade was there and that because of that they now had 2 million ounces of reserves like they said they would they would have been spitting out news releases left right and centre.