Ann: Gold Asset Decision, page-14

Um, nobody has any idea about the ground that hasn't been drilled. That's how exploration works, right?
The stuff that has been drilled - I'm not going to pore over the results. But the fact Leopard wasn't immediately snapped up by some canny predator as it limped along into oblivion tells me it didn't amount to much.
As I've said all along, my interest in CIO is for its first-mover advantage in IoT. The gold "asset" is a leftover bit of possible pocket change mentioned in every analysis I've ever seen on the company. Given the gold fever on Hot Copper generally, I suppose I shouldn't be surprised how obsessed some posters are with it. But I think it's folly to continue to chase it when the legal bills could prove to be a cash drain, with the result the same (ie they lose the "asset").