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0.1¢ classic minerals ltd

Exactly. If I answered any of those questions, my post would be...

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Bones01

1,166 Posts.

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14/09/22

17:05

Post #: 63699744
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Originally posted by bungalowbill: ↑

Bones , 420 million plus shares on the issue now, We need to know what financial institutions are behind all this, it is not behaving like no other mining company I have ever seen before. What they are doing, is continually raising more & more capital & effectively nullifying the previous raises. Like the original shareholders, intrinsic value is way less than 10 percent of what it was originally. And nothing has changed - they still don't produce gold.Who is organizing all of this? The stock is being treated like a derivative . So what benefit do original holders have in holding if their shares if they are being continually devalued, by off-market instruments like the Convertable Notes

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Exactly. If I answered any of those questions, my post would be moderated. I believe the consolidation only happened because it was getting too hard to dilute further. More rinse and repeat.

CLZ Price at posting: 2.1¢ Sentiment: Sell Disclosure: Not Held
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