There are a lot of people like me who have stuck with CTO for a...

There are a lot of people like me who have stuck with CTO for a long time, missed the market rally because of it, and have now abandoned all hope of CTO delivering the goods.

I expect there will be continued selling pressure for some time until they are cleared out. Meantime someone is buying, large sales are all being mopped up somehow. With the family still holding vast numbers of shares I suppose a take-over is unlikely but someone seems to have deep pockets.

Hard to understand how a gold-mine could perform so badly in this climate. Gold looks to be unstoppable yet CTO SP in the loo still. They just made too many promises they could not keep. All that talk about low costs and high productivity, it was nearly right. High costs and low productivity has been the truth of the matter.