CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Application for quotation of securities - CLZ, page-30

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  1. 925 Posts.
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    It's been mentioned in others posts before,but to raise funds,why don't they sell some gold? (Not even being a smart...e,legit question) When I bought into CLZ last year I had watched an interview with Dean Goodwin where he said there should be no more need to raise capital. Had been a bit of delay I think waiting on approval permits,but once they came in it wouldn't be long for full scale production.
    I'm not sure if this bit is even dodgy,but I googled Cadresources whose name is on the bottom for the drawings of the siteplans. Not even a proper business page,no reviews,6 or so employees all with the same surname,google maps puts the address at a house in a residential area. Googled the hire company whose name was on an excavator in a photo and that company appears to be owned by the family whose name has been mentioned multiple times in a less than favourable light, I saw an advert for a cook/cleaner it didn't mention clz specifically,but the employment agency appears to be operated by that same family.I'm just thinking that Kat Gap never actually needs to be successful or even a fully functioning mine site to have served it's purpose to those involved other than the shareholders.They can play in the dirt all day and they're making money. I only just came across the other day, the complaint from the former geologist against the company which said how they were going with more expensive contracts,which if those companies are owned by themselves and associates,makes sense
 
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