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Citation Resources Inc V.CTT



TSXV:CTT - Post by User

Post by Czechlateon Apr 01, 2014 10:09am
160 Views
Post# 22394764

CTT delivers on schedule. Drilling imminent.

CTT delivers on schedule. Drilling imminent.
Nice to see a company that lives up to its promises. I was talking to management last week and they told me they were on track with getting permit issued by month end and in fact received notification of issuance of the permit prior to month end but were waiting for a copy to arrive. With that done they told me they are hard at work putting together funding for the drill program and actually have a few options to choose from as they have been approached by "strategic investors" who all want a part of the Biricu property. The financing of the drill program will get done very soon and by end of April we will be looking at definitive drill dates and issuance of drill contracts. Search for a CEO is from what I can gather also in the bag, problem is they have more then one option in that regard and are deciding which way to go. This is one of the most prospective properties certainly in Mexico if not the Americas and I look forward to CTT drilling on their targets.
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