CLZ classic minerals ltd

Ann: 6.06 g/t Au AVERAGED IN FIRST BULK SAMPLE ORE THROUGH GEKKO, page-37

  1. 2,083 Posts.
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    IMO:

    Exactly, the management has not done enough to reduce debt and focus on areas that potentially provide a return to shareholders in the short-term (3-6 months).

    At the moment it's less than 50% of day traders and opportunists that have been able to make a quick $ on some the occasional blip of hyped CLZ announcement. Most shareholders will have a capital loss in $ if they sold.

    CLZ have a history making promises and under delivering, they still don't have any clear plan on what they are doing, toll processing, using the Gekko, the GV funding or a possible takeover?

    Which is it this today, this week, month or year?

    They are entirely driven by the method they can obtain funding which does not equate to what is good for shareholders and only solidifies my believe in how desperate they are for funding!
 
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