Groundswell is right. Unless someone else can stump up a few...

Groundswell is right. Unless someone else can stump up a few million $ to cover the short term financial arrangements.
They are mining at the A1 and hopefully into the Victory North Stope by now. We need cashflow and profit to be able to start paying down these debts.

The director's have us over a barrel with the financial arrangements that they have put in place. Because of the incompetent and farcical way that they have run the company ( especially in relation to reopening Union Hill Gold mine production pouring millions upon millions of OUR money into it without having first completed a credible long hole drilling exploration program ) they were not able to raise finance through normal channels or get any high profile investors to commit.

Is there anybody out there who believes that if the director's were voted out that they wouldn't pull the finance that they have put in place causing all production to stop and the end would follow soon.

There is about 1500 of us over a barrel so get comfortable.

If all else fails and I really want CTL to be a success then we should consider a Class Action.