CLZ 0.00% 0.1¢ classic minerals ltd

AGM Fri 30th..., page-5

  1. 3,523 Posts.
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    Can anyone say how much or how often shares can be issued when a stock is suspended?

    What is there to stop this company from issuing another 300 m in a few months then have a share consolidation and continue again issuing shares to pay in lieu for drilling or advisory services .

    Shareholders get diluted to nothing and they keep thr company.

    That's a mining model that is sure to rake in the gold.

    A sniff of drilling every now and then ---lots of expense paid trips to mining conferences---in house paid advisory services---- cars and trucks----houses and accomodation and lots of BBQ's with extended family and friends on Nikes.
    Last edited by RedCedar: 01/12/18
 
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