CLZ classic minerals ltd

what a shomozzle. Debt is much more than market cap, and lenders...

  1. 4,052 Posts.
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    what a shomozzle. Debt is much more than market cap, and lenders got lean of company assets , before shareholders can claim anything. Creditors also got claim before shareholders. And the company still says they got to raise more capital in order to pay down debt. That's why they need to mine some gold , but they don't talk about this, go figure ?
 
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