voting against remuneration report, page-2

I will also be voting against the 250,000,000 additional shares they want to use for a placement.This is not inline with the $100+ million they say they hope to have raised through majority debt by this AGM.I see it more as ensuring there own salary / bonus income stream for the next few years not increasing shareholder value, rather it would dilute it and after all they are supposed to be cash neutral by the end of December quarter.

As per their cautionary statement;
"Cautionary Note: This release may contain forward-looking statements that are based upon management’s expectations and beliefs in regards to future events. These statements are subjected to risk and uncertainties that might be out of the control of Citigold Corporation Limited and may cause actual results to differ from the release. Citigold Corporation Limited takes no responsibility to make changes to these statements to reflect change of events or circumstances after the release."

Their expectations and beliefs regarding production,funding etc have yet to be realised in the past 5 years from where I am sitting.

DYOR My thoughts and ramblings only
Caveat Emptor