Well how about that Citigold has a decline that took years to build and from which drives have been developed into the ore-body for starters? How about the price/book value of CTO compared to MCO - 0.76 and 4.81 respectively, if you believe Commsec. The paid up fleet of mining vehicles and five heavy duty drilling rigs, the mill and processing plant, the upgraded power supply, and big township for living residences and trade services? Then there's a JORC resource of 10M ozs, compared to less than 1M ozs for MCO, and CTO claims they'll upgrade 1M ozs to reserves by end of cal 2008, and 2M ozs to reserves by end cal 2009 - for what that's worth.
'Course CTO might go broke which I guess would have to count as a drawback.
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