CLZ classic minerals ltd

59 days until production, page-79

  1. 2,083 Posts.
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    Firstly, I have never said ever that I lost money on CLZ, I did realise earlier enough that I should get out without a loss.

    Secondly, I actually used to be positive about CLZ until realised that management had a history of missing milestones and capital raising, that's cost shareholders about $120M to get an inferred less than 94k ounce gold resource at KAT GAP, the only resource that has a mining license.

    CLZ are masters of SPIN in their announcements which usually result in a net action less predictable than a poker machine.

    I haven't miss judged at all and I consider myself extremely lucky to be a former holder that didn't get burnt!
 
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