CLZ classic minerals ltd

Looking at the ASX chart, the share price might be currently...

  1. 4,029 Posts.
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    Looking at the ASX chart, the share price might be currently flat-lining at about 15 percent of its high. The sad story with this lot is nobody knows the value of this company, as it does not operate like any other mining company on the ASX. A vast number of shares were swapped for debt & work done by the company, As soon as anyone bought the shares they were subject to value undermining. Perpetual value-destroying techniques to attract new money. If you were 'in the know', you were provided with an exiting opportunity via newby day traders & technical traders getting excited about some non-binding announcement that nothing has come of. Sure maybe one in ten may have made some money, but the vast majority lost. They may have cost the tax department 100 million in tax loss claims- who knows. Still not one ounce of declared gold & potential JV's and toll treating agreements all over the place & still no Gekko. Just my opinion. DYOR
 
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