Hi all, I hold my fair share of CLA, but imho the management of CAZ need to show themselves as similar to CLA.
At the moment a huge gamble on initial 6 hole drilling near ACT and Goulburn (next 2 weeks for results imho) little to no copper found in this area, which copper is common in cobalt finds
If this is average to poor results the market will slam them regardless of Namibia allotment.
For me its a sit and wait, also funds needed shortly , probably at 20% discount to Market SP & historically SP will drop below CR level.
Im not down ramping, just saying as I see it
If they prove good I will be in on CAZ, but for now im on the sideline.
DYOR & GLTAH
CAZ Price at posting:
5.0¢ Sentiment: None Disclosure: Not Held
