CTO 0.00% 0.5¢ citigold corporation limited

Trading, page-19

  1. gmt
    8,045 Posts.
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    Necdet1, the drilling data that was once available on the company website was a good example of why it is going no where. Very Narrow veins of gold bearing ore contained in granite, one of the hardest materials in the world, deep underground. The cost of mining , finding and extracting the ore profitably was / is the issue . The simple fact is that if it was as good it is made to sound it would not be trading @ .005 cents a share!
    Sometimes people that are to close to a company do not see or just don’t want to believe that they are wrong IMHO.
    I believe it was Marks father James Lynch was Citigold Corps founder.

    You can get the history on the company at. www.citigold.com

    DYOR My thoughts and ramblings only.
 
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