CLZ classic minerals ltd

I got out , money back. I suggest private investors get out,...

  1. 730 Posts.
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    I got out , money back.
    I suggest private investors get out, hopefully with money back or perhaps a small loss and let these 'institutional and sophisticated ' investors subsidise the BBQ's.
    When?????? and if????? a mining license is obtained and a processing plant is built then by keeping an eye on what is going on you may be able to get back in when there is a realistic chance of your investment being successful.
    How this company has been able to keep on raising money based on 'potential' results is disgraceful. Look at how many Billion shares they have compared to successful gold mining companies that don't even have 1 billion shares?
    I see MOY has gone tits up after telling the Diggers conference and publishing their own Quarterly Activities report saying how positive the future is?
    Does the ASX actually monitor companies or are they just worried about " why do you want a trading halt or "gee that was a big increase/ decrease in the share price today."
    We are greedy and that clouds our judgement!
    Hopefully the weather is being nice to the areas in Aust that have been hit lately.
    GO THE CRUSADERS!!!!!
 
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