CLZ classic minerals ltd

The $18 million drawdown was never gonna happen. It was all...

  1. 435 Posts.
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    The $18 million drawdown was never gonna happen. It was all fantasies, maybe CLZ management should not have sold the gap, they could have been produced dore/gold bars and process it, maybe even used the gecko so they could pay their bills, but they sold it for pittances instead. With all that gold at a shallow depth and at such record high prices that would’ve been the logical thing if you had and good management. And if they don’t have enough money to pay for a lawyer and they definitely don’t have enough money to mine and produce gold. So as I said before they are not goldminers so those that keep going on about record gold prices it’s a completely irrelevant argument for this company. Maybe they could ask Deano the dodgiest Geo in the world for a loan, he ripped off plenty of cash from this company
 
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