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0.1¢ classic minerals ltd

Ann: Annual Report to shareholders-CLZ.AX, page-69

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saggy

1,211 Posts.

72

05/12/16

12:17

Post #: 21106292
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Originally posted by Chill ↑

Maybe Classic are positioning themselves as a Shell Stock with a view to undertaking a reverse merger with a non public company? Nearly fit the definition of a shell stock and there are plenty of closely associated non public entities in the mix. Interesting times ahead for CLZ but I don't see it in exploration, at least in the next 12 months or under current management.

Just my view.

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What company in their right mind would vend an asset into CLZ which is laden with debt and other ugly related party transactions ...???

CLZ Price at posting: 0.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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