i don't think you and a few others understand this gold play by CLA management..
CLA bought these Lachlan Fold Belt gold leases with no cash ..only 23m shares....do no dilution there...given that, CLA only need neighbours SKY and ALK to do all the work and prosper for their continued brilliant grades with their recent big gold discoveries..
CLA will imo release historical data from drill cores and exploration past, and imo this will show very strong gold grades...
$6m cash and no debt, with a very low cash burn, makes CLA arguably the best Gold small cap play on the ASX...
As I stated, 2.5 cents and beyond will be hit in the very near term...
watch this space.
drifta
CLA Lachlan Fold Belt Gold HOT HOT HOT, page-60
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