CLZ classic minerals ltd

Ann: Classic secures $10 million to take Kat Gap to production, page-161

  1. 4,161 Posts.
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    There are investment situations built on credible management. But there is no point arguing with a gambler at the front door of the casino. There were those who bought on the open and did a quick trade & may have made a couple of hundred percent. But most others have been stuck in here for up to a couple of years and have a sore head through losing 80-90 percent. The tactics used here against shareholders have been deplorable. But if you think you are Gordon Gekko, and you are smart and cunning enough to beat the crowd, then you are a speculator & gambler, don't kid yourself you are investing. Don't worry there is always someone smarter than you, and these traps are set months in advance..These are very cunning and mercenary people, who have destroyed their shareholder's wealth.
    If you look at the headstock chart today on the featured Classic, it can easily be seen it collapsed to one-fifthteenth of its pre-consolidation value, it has only risen, to about one-fifth of pre-consolidation. So anyone who sold their pre-consolidation shares today took massive losses maybe 80 percent. Sleep with dogs and catch fleas :Just my opinion
 
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