Share prices movements have more to do with EV, than anything else...
2.5mill at bank (if this Dorherty sale goes through) and MC of 3.374m @ 9c.... MC of ~3m at 8c.
With a 500k-1mill EV, you are paying for.... the FR project, which might not be a dud, but we wont find out until the do some exploration; and potential royal payments.... clean simply way of valuing this company.
I have been waiting at 6c, but have become impatient and snapped up a few at 8c each myself.... the upward movement is not because of the buyers.... it is because there are no sellers....
CLZ Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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