CLZ 0.00% 0.1¢ classic minerals ltd

Tipster and bungalow charting center, page-87

  1. 1,003 Posts.
    lightbulb Created with Sketch. 117
    I was the same thoughts as you 2 years ago. But price never moved. Then the consolidation came. Which is double edge sword makes less shares available but also makes swings in price easier. Hence the price crashed after the bad side of the sword.
    Now the company is back at issue more shares to pay debt which is how they got so many shares last time.

    what i can't figure out is how can a company have such a huge debt when they don't actually have assets to match the difference.

    Also what ever happened to the gold they mined in there test pit.... it seemed to vanish
 
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