CTO 0.00% 0.4¢ citigold corporation limited

small private placement...., page-7

  1. 614 Posts.
    Yes, agreed ... and thanks to you.

    As many of us said before, the Dubia deal just "had to be done".

    As I've mentioned many times in this forum they had NO CHANCE of getting commercial finance in the current financial climate without hedging (and even then, it might have been extremely difficult).

    The sad thing is that this Deal could probably have been done a few years ago on similar terms which would have accelerated production.

    Oh well, we all still have skin in the game and the upside is still enormous IMHO.

    The Dec Quarterly will be a company maker or breaker in my opinion. I am looking for 12,000 oz as a minimum. Thoughts anyone?
 
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