Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-40

try to add up all the loans to the company, it makes me dizzy It looks like there are more than 5 million of loans . Some are secured against company assets they claim are valued at 6 million. Most of these loans are due in June 2024. But this is not how much they would get on liquidation. Financially CLZ is a hollow shell, with a negative net worth once loans are taken into account.
They claim they sold $450,000 of gold. But where is the proof they sold gold when they only had dore? Who smelted the dore , what was the gold content?