I reckon CLZ with a market cap of $3.3 Million is seriously undervalued. Appears to be oversold and I have been buying.
The Kat Gap, Lady Ada and Lady Magdalene Gold deposits have a combined JORC 2012 gold Resource of 403,900 ozAt $50 an ounce this is $20.2 Million (current gold price is $2500 an ounce), this is without adding exploration potential and mining approvals being in place for Kat Gap .
None of this is investment advice
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Mkt cap ! $3.017M | |||
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