unfortunately CAZ has just been scraping by for nearly 10 years, basically since they tried to secure RIO's iron ore deposit. Management try to be opportunistic but unfortunately have never really been able to cash in on the mining boom. Now its gone I feel like the gold royalty will just be used to kick the can down the road for another 5-10 years.
Should have sold the company a long time ago when Parker Range was worth 50-100m
CAZ Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
PXG Price at posting:
9.5¢ Sentiment: Hold Disclosure: Held
