CLZ classic minerals ltd

POTENTIAL ONCE FUNDED, page-2

  1. 20 Posts.
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    Zero chance of resuscitating this “Dead Dog”.
    The same players are involved, (minus Dean).
    Gold price has been up for some time, no serious effort to mine Kat Gap, instead a quick sale and cash grab.
    Incompetence resulting in suspension of trading.
    Even with the issue of new shares, that will not be enough to bring a mine to production.
    Even if that was remotely possible, insufficient water to sustain an operation. Covalent are desperate for water at their operation.
    Mentioned previously, not only quantity of water, but quality is important to run a CIP / CIL plant for Gold extraction.
    There are active “spruikers” on this platform who talk up CLZ and the current gold price who are more likely on the Company payroll.
    Given CLZ track record, only an imbecile or a person who is gaining financial reward would give this deceit full Dog of a Company promotion. DYOR.
 
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