Yes it is a buy in my book and I hold plenty. Does not change the facts that they were down 1000 ozs last quarter which has bought about a CR and their cash and gold on hand was less than 1 million at the end of last quarter. At some point there will be shares issued at a discount. This may have an affect on SP. If I was looking to get in here I would be cautious as with any CR the SP may suffer.
It will run at some point but we may need to wait until after the CR and another quarter under our belts. In the mean time buying opportunities through the CR for holders.
CTL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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