CLZ classic minerals ltd

Ann: Trading Halt, page-42

  1. 2,083 Posts.
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    You were so positive about CLZ pre-consolidation and now you are here post consolidation and positive again.

    So what about the period in between when you didn't raise your head?

    Genuine investors look at quality management, operations and financials and so far there's RED crosses against those attributes a BIG FAIL!

    Also RED FLAGS for current debt level, Convertible Notes $4M liability, Archean Resources fiasco, $10M credit facility which has more than $5M owing and likely more pain next week in Financial Reports if they are announced.

    What are your thoughts on the financial transaction which this trading halt is about?

    I note your post does not mention anything about FINANCIALS.
 
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