Ann: Trading Halt, page-40

I think many here underestimate the fact that CLZ has changed! It's a different company now that it has low SOI, 200 million from memory. Not the 30 billion it once was.

I personally believe this stock would be attractive to day traders, speculators but also genuine investors.

Low SOI stocks have the potential to run hard & fast under the right circumstances. CLZ has a MC of $3.5 million, so an ASX listed gold company with the potential to mine their deposit & valued at $3.5 million might look attractive to many investors & pip traders. Especially a company sitting on good grades like CLZ is.

Have a look at all the grades.



CLASSIC MINERALS LTD (ASX:CLZ) - Ann: Infill RC drilling delivers more high grade gold intercepts, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

CLASSIC MINERALS LTD (ASX:CLZ) - Ann: Deep High Grade Gold Intercepts Continue at Kat Gap, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

CLASSIC MINERALS LTD (ASX:CLZ) - Ann: High Grade Gold Results Confirmed at Lady Ada, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

CLASSIC MINERALS LTD (ASX:CLZ) - Ann: INFILL DRILLING RETURNS HIGH GRADE GOLD INTERCEPTS - KAT GAP, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

CLASSIC MINERALS LTD (ASX:CLZ) - Ann: More High Grade Gold Intercepts - Kat Gap, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

All of this could be good news for new investors post-consolidation. Unfortunately, it's come at the expense of investors who held before the consolidation took place. Dilution & consolidations can be a pitfall for all investors in any stock & it's something always to be mindful of.

Just my 2 cents & good luck to all holders.

For the record, here in black & white, I do not hold this stock & never have.