CTO citigold corporation limited
Add to My Watchlist 14.3% ! 0.3¢

the last straw.

  1. whereu
    29,336 Posts.
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    29/01/10
    10:42
    Post #: 6259667
    I had held onto CTO believing that they were going to focus on production and fund future operations from cash flow. The mid-2009 SPP was supposed to be a special opportunity for this reason.

    As for the 5,563oz quarterly production... well that should conservatively be their monthly production by now.

    And now another SSP. Sorry, that's the last straw. I'm out!

    I hope that I'm wrong and shareholders are not disappointed.
    CTO Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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