Classic Minerals and the current gold price, page-16

For an INVESTMENT you would expect a return and as mining is speculative it always has an amount of risk.

I would hardly call anything to do with CLZ an investment as it would be almost a given loss for any purchase of shares at this stage.

IMO, they probably don't have any capital to provide BULK SAMPLING analysis, as they urgently need to pay debts otherwise they will become INSOLVENT.

If they can't raise capital then no infrastructure for mining, no more drilling results, no processing for gold and NO MORE CLZ.

With some luck some existing holders can exit at more loss after consolidation but that means new holders will be trapped into another DOWNWARD SPIRAL of the SP.

They would have to give existing shareholders something for their investment to increase market sentiment.

It's probably too late for that now, as CLZ are now focused on survival at ANY COST and that is to the detriment of existing shareholders!