CLZ classic minerals ltd

Agree.. plus with another 500m shares being added to the soi, I...

  1. 2,012 Posts.
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    Agree.. plus with another 500m shares being added to the soi, I imagine the sell-side will be reloaded once again.
    I think once All is said and done we will be close to 7 billion shares on script, certainly not ideal but I don't think it will instigate another consolidation.

    As far as market cap goes, it's anyone's guess.. Obviously this depends on the gold price.. a lot of very credible people are predicting a significant increase.. being a gold producer during a gold boom would surely have a significant impact on the market cap.. people tend to have a short memory when a company starts producing an income..

    Trust me this is not a company I'm mentioning to friends as a sure thing lol..
    I think people buying at these levels will probably make some money.. unfortunately long-term investors will probably be able to cash out and buy a happy meal...
 
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