Extremo,FIFOlife is right , Max knows nothing about proving up a gold deposit. Proven, indicated, and inferred. There may be nothing in inferred, this happens a lot . Bellevue Gold was a recent example. Max , you just believed what CLZ had on their website, and put $ 31,000 into it & see how that turned out . CLZ never proved it up, just let 9 year old drill results stand. Now they are broke & do not have the money to drill it adequately to prove the deposit up.
They didn't even prove up Kat Gap, it was only lightly drilled. They bought a sampling plant, built a tailings dam & then just stopped sampling after one month. And then sold Kat Gap for 7 per cent of what they claimed they had spent & just kept the 7 million. The CEO resigned and he got paid out.
If anyone believes something else happened, say it here .
They financed the company for 12 years by issuing 35,000,000,000 - 35 billion shares.
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classic minerals ltd
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