Haha, they are a small time explorer trying to turn into producer. Gotta remember how much they've done this year. It's not like they've been sitting on their backside. They've been busy, I don't think anyone can dispute that.
it's 1 of those stocks where it's a balloon sitting on a knives edge. It looks mediocre now, but it's realistically only a couple positive announcements away from returning back to .004 and higher. 1 of them being it's pending MLA.
Classic example of a company that was in a similar position, AVL. Not a gold explorer but similar story. Was going nowhere in a hurry, MLA FINALLY dropped, boom SP went up, offtake agreements, aced another $5m placement and now looks attractive again.
CLZ ain't no different. Plenty of stories along the same lines. The MLA drops, the volume of people selling at .002 will disappear in seconds.
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