CLZ classic minerals ltd

Clearly you are clueless, the only mine that is attempting to be...

  1. 2,083 Posts.
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    Clearly you are clueless, the only mine that is attempting to be operational is KAT GAP and this is 93k of inferred resource, which is somewhat underwhelming LOL!

    The rest (mostly inferred) is NOT at KAT GAP and needs a separate mining license and operation which has not been granted so add another $100M in cost there to become operational.

    Now take KAT GAP, there had been no information released from CLZ indicating what the expected profit will be per ounce if it ever starts mining.

    This is something that is quite basic as it will indicate whether it will be profitable or not.

    Just because a mine has some gold doesn't equate to the mine being profitable.

    Look at what happened to Wiluna Mining and they had over 5M ounces!
 
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