Ann: Results of Meeting, page-5

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GarfMate

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27/07/24

05:48

Post #: 74940850
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Originally posted by bungalowbill: ↑

Garf, seriously, instead of being the laughing stock of the ASX, they could have been a gold producer and doing well with the current gold price. Instead, they spend all their time creating cheaper and cheaper shares and searching for financial partners that disappear one after the other. Have a look at Ora Banda .OBM . They are a high-cost producer & still doing well. CLZ was never going to be a success, with the dud Gekko. CLZ dug a big hole at Kat Gap, which was paid for by shareholders. & then abandoned it.
It was obvious to me that as soon as they claimed they would try & process with a portable plant, they would fail. Goldvalley dumped them.
Dean's 400K a year job was more important than becoming a gold miner. Why would a company burn its shareholders? Why concentrate on a sophisticated convertible note scheme to the gross detriment of shareholders? Why create 48 billion shares and then cancel 47.53 billion of them with massive consolidations? It's not a gold miner- it's a share-issuing machine. We are waiting for the next scam. Incompetent wasters.
CLZ doesn't have a plant at Kat Gap or Forestania & won't be a success without it . Shareholders are not going to finance any more of their hair-brained schemes

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"CLZ doesn't have a plant at Kat Gap or Forestania & won't be a success without it . Shareholders are not going to finance any more of their hair-brained schemes" That's just straight baloney bubble and you know that. Kat gap is pumping

CLZ Price at posting: 0.1¢ Sentiment: Buy Disclosure: Held
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Ann: Results of Meeting, page-5

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