a new begining for CLZ, page-43

Insiders had to stump up for the last cap raise- that's how dire things are. They need there to be buying on market, so they can move their stock on, as It is not only risky for shareholders, but also for them. Turnover has dropped to a trickle, The plant is not worth a lot, because a new operator is still going to need a wad of capital to go into production.
The 3 million is enough to keep it going into the new year, especially if they are doing FA & just getting the Christmas presents organized. CLZ is not a producer, so how can Girlie/wirlie claim 500,000oz. CLZ is a sampler & it has two narrow dores to show for 10 years & 100 million spent so far. The level of debt being carried is the biggest problem because financiers will want their money. The production metrics provided make it uneconomic to mine. With no serious money to mine, it virtually looks to be near Care & Maintenance status. If this is not the case, why haven't they reported on any activity at Kat Gap?