Mayasz, to a new investor 1.8 /2c looks like the buy of a life time when you read the spiel on the company website. What people fail to do is enough research, when I first bought into cto in late 2003 there were approx.: 300million shares on issue and the SP was 30c, after 11 years and numerous placements and SPP's there are now 1.563 BILLION shares on issue at 1.7c!! I would also be thanking the shareholders, as they do every year, for their continued support in fact I would be sending every shareholder a Ham and Xmas card every year for keeping the company afloat and my bank account full. The story remains the same as does the 5 year plans , ramping up from 50kozs in year 1 to 250 kozs in year 5, and all they need that is needed is $2oomill, or is it $100mill or at last glance $25mill prior to moving to commercial gold production. In the decade or so I have been following this company I cannot recall the company ever providing a start date for their 5 year plan!
DYOR My thoughts and ramblings only
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