Well, that didn’t work as I hoped. I don’t believe it was...

Well, that didn’t work as I hoped.

I don’t believe it was reckless spending. I think gold will move higher this and next year as global markets hit uncertainty. Which then we should see CTL skate out of financial dilemma.

Recent discovery should see us pay the notes off and see maybe soon a positive quarter.
https://www.kitco.com/news/2018-10-...Supposed-To-As-Equities-Correct-Analysts.html

I don’t like the possible dilution either but if it means we still have a company as opposed going to admin. then I am for it. It is a bit worrying that we can not secure a loan at better terms as opposed to the massive dilution.

Anyways, I still believe that management are doing best they can as they have skin in the game too.

Maybe a pay cut should be on the cards until the company is in a better position.