Ian Gandel is the largest shareholder and if you had been a shareholder of CTL for a long period you would have some idea about his reputation in previous public mining companies. Why would I sell at the moment when the share price is the lowest it has ever been.
I hope that we will all be pleasantly surprised on Monday but I doubt it. The stock is hardly trading at all ....it has understandably stopped trading due to the impending note due. There is a reason behind the silence but I fear it is not one that the shareholders will be happy about.
CTL Price at posting:
0.9¢ Sentiment: None Disclosure: Held