CLZ 50.0% 0.1¢ classic minerals ltd

I hope their drilling results in one of the biggest gold...

  1. 176 Posts.
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    I hope their drilling results in one of the biggest gold reserves ever.
    We will know a hell of a lot more in the next several months.

    I must say I was quite concerned two days ago because CLZ hardly had any funds left in the "piggy bank" however raising the $1.5m offered some satisfaction. A good portion of debt in books is shareholder/related party loans that I'm hoping can/will be deferred. In the meantime hopefully, they can get some gold out of the ground and be able to stabilise their financial position and, fingers-crossed be able to continue with their exploration endeavours.

    Let's remain calm here - they are trying hard and slowly but steadily achieving their objectives.

    "Bythelight" is correct though, right now it's all about the GOLD - we do not know the full potential of indicative reserves yet........if in the near future CLZ can announce substantial indicative reserves (say over a million ounces) then "good days ahead" on the share price.....(all in my opinion).

 
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