CTO 11.1% 0.4¢ citigold corporation limited

usual quartely post

  1. 183 Posts.
    Hi all,
    As announced by cto some months ago, don't expect any increase in production in quarterly report on Friday.
    We'd all like an increase in production, but since they have been tunneling through granite, I wouldn't expect ANY gold production, so ANY gold is a bonus.
    The main objective in this quarterly is to announce the tunnel is finished (or nearly finished), & starting of preparation work on the 5 faces.
    You have to wait until next quarterly due out on 30 Oct. If they haven't ramped up production to 5000oz by then, then it's time to get angry, but until then it's just pointless - unless anyone has a spare time machine.
    See you on 30 October - bye!
 
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