Again another good announcement, strong communication by the company as things are progressing well..
BUT...
at the same time the company releases hundreds of millions of shares devaluing the stock price.. even if successful what will the shares be worth with such a high soi?
I'm now holding a million shares, that's my limit of punt in this high-risk gamble @ .0035av
my main concern.. if the insider's that are providing finance are dumping the shares on the market how much faith do they have in the project? Or are they simply collapsing the share price to gain a larger position at this late stage?
I'm happy to hold this as I've always been quite a gambler and find it all quite exciting however I would not necessarily rate the company as a buy.
I feel market conditions have improved slightly with last night's news and figures.. the gold prices certainly strong.. let's hope for the best outcome for shareholders (love or hate CLZ)
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Mkt cap ! $2.48M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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23 | 7593111 | 0.006 |
26 | 14491498 | 0.005 |
12 | 24225201 | 0.004 |
5 | 71536670 | 0.003 |
Price($) | Vol. | No. |
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0.010 | 900660 | 11 |
0.011 | 20363 | 1 |
0.012 | 149996 | 2 |
0.013 | 50599 | 1 |
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