CTO 0.00% 0.4¢ citigold corporation limited

lion gold, page-2

  1. 363 Posts.
    lightbulb Created with Sketch. 29
    Rather outdated and not much info.

    The Liongold bubble has burst. Look at the closing prices for Liongold:
    Thursday, October 3rd $ 1,51
    Friday, October 4th: $ 0,88
    Monday, October 7th $ 0,25
    Today, October 8th $ 0.19

    Also read Kip Keen on Liongolds failed financing:
    "To fund acquisitions, LionGold planned back in mid August to raise S$202 million at S$1.11 a share with three firms, Platinum Partner, Carnegie Hall Group and Spring Road Adivsors.
    Of course, now trading for less than a quarter that price, it becomes improbable firms would take up LionGold shares at S$1.11 – if they already haven't – which in turn would limit LionGold's access to fresh cash to spend on new and ongoing acquisitions."
    http://www.mineweb.com/mineweb/content/en/mineweb-junior-mining?oid=207739&sn=Detail

    If I were Citigold, I wouldn't try to hold my breath waiting for Liongold money.
 
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Last trade - 19.00pm 29/03/2024 (20 minute delay) ?
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