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0.3¢ classic minerals ltd

Greater Market Cap = Higher Share Price, page-117

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trtkjd1

3,631 Posts.

317

09/08/20

10:19

Post #: 46404720
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Originally posted by tipster: ↑

IMO:

Gold prices will have a BIG influence on the SP trajectory of Classic. I don't see any major economic recovery world-wide until 2022 and until then gold will be used as a safe haven and plenty of time before the bubble bursts and unlikely to go below $US $1600 ever again. Obviously no-one is buying $US dollars now.

I think a good time for SP consolidation is once a regular revenue stream is establishing and proof in the financials. It would be also great for Classic to have a plan for processing other known reserves once more drilling results and analysis is performed. I wouldn't wish less than a 1 for 10 in SP consolidation.

I don't have as much concern for profit takers driving the price down once the GOOD news keeps coming.

New holders will be holding for different reasons rather than just getting paid (for those that were paid in shares by Classic).

Once gold production starts with Classic I expect a instant acknowledgement in the SP upwards and demand eclipsing supply.

Looking forward to great news this week or early next week!

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got shares in a silver play that was held down for ages , the brakes have just come off . And that’s without news . CLZ looks like it should have a constant flow of news coming in for a long time .

CLZ Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $1.366M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$8.848K	2.949M

Buyers (Bids)

No.	Vol.	Price($)
50	51646628	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	13764469	11

View Market Depth

No.	Vol.	Price($)
50	51646628	0.003
24	81402502	0.002
20	357159998	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	13764469	11
0.005	4045561	5
0.006	500003	3
0.009	1792140	1
0.010	200000	1

Last trade - 14.41pm 17/06/2024 (20 minute delay)


Last 0.3¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
0.3¢	0.4¢		0.3¢	944183
Last updated 14.56pm 17/06/2024 ?

CLZ (ASX) Chart

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