CLZ 0.00% 0.1¢ classic minerals ltd

Ann: Classic's Mining Operations - Approved, page-165

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  1. 3,309 Posts.
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    I see these .085 cent shares won't be issued till late March. They got the 'unnamed' broker on this one, dreaming up more schemes to issue more shares. Sophs are not holders, but as there are no bids to sell to, they will have to join the sell cue. The company is unlikely to raise more capital till they are out the way - this is way too risky now. It is unlikely to fail in the short term, but as 'bythelight' says, mining is an expensive business. PS, they thought they could intimidate us: but they can't with the caliber of those two. They would have to get someone with some experience at least, let alone integrity .'Mine-the-Market' , is my mantra. Classic has been at it for 8 years, has30 billion shares & not an ounce of gold 'What a Classic'
 
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