CTO 0.00% 0.5¢ citigold corporation limited

small private placement...., page-9

  1. 568 Posts.
    Auag, I'll go 8,000 ozs, lol.

    Reasoning:
    Last Qtr they would have processed about 4,000 ozs except for the mill motor failure. So this Sept Qtr they had a start with the untreated ore containing 2,000 ozs from the last Qtr.

    The extra underground electrical supply was only available for the September month of the Sept Qtr (completion of electrical upgrade announced late August)

    So I'll add only another 2,000 ozs for extra power, mine staff, and equipment - remember they haven't had the 5 stopes they talk about to extract from yet. Just 2 stopes I think. Nor will the underground ore sorter come into play until early cal 2009. So 2000 extra ozs might be a bit generous (groan)

    So that's a normal 4,000 + 2,000 from stockpile + 2,000 extra from improvements = 8,000 pathetic ozs

    Any more bids?

    p.s I added another 60,000 shares today @ 20c and 19c
 
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