Sidr, you appear to be annoying the fact that CTO are massively cash flow negative every quarter. The money CTO obtains from mining nowhere near covers the company's overall costs.
I now believe it's in shareholders' best interests to get a company that has plenty of cash to burn and can make things move much faster than at CTO speed to take over - ie a merger, or joint venture.
Can anyone holding CTO shares tell us the width of intersections and the grade of gold found in that much hyped deep hole?
At present what we still basically have is a conceptual gold mining operation with the same blue sky that has been promised for years and years. You can hardly say that producing a few thousand ounces of gold a quarter after years of mining is operating and developing a successful gold mine.
It isn't.
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