What are you on about Chippy?
Do you want a thread heading "Strategic rampers welcome."
Why not ask yourself why CTO's 10 million ounces of gold is valued by the market as being virtually worthless?
What we have is a gold "miner" that was confidently predicting they would be mining 100,000 ounces plus a year by now "mining" a few paltry thousand ounces a quarter.
CTO made use of the regulations to revert back to "explorer" status once the ASX started questioning CTO about the disparaties between their production estimates and the paltry amount of gold that was actually being produced.
Why this mob doesn't even report the average grade of what they mine - a sure sign imo that the grade is pretty ordinary and well below the grade they claim to have via their JORC.
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Price($) | Vol. | No. |
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0.4¢ | 1749999 | 2 |
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6 | 7083679 | 0.002 |
5 | 6001032 | 0.001 |
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Price($) | Vol. | No. |
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0.004 | 1250000 | 1 |
0.005 | 11738570 | 12 |
0.006 | 2299619 | 5 |
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