Australia's largest stock trading and investment forum Australia's #1 stock forum

CLZ

Click for more information

0.00%

0.1¢ classic minerals ltd

As you say-- with such good results and more good results...

First 9 Last

Share
Profile

Follow
RedCedar

3,523 Posts.

11

28/10/18

16:19

Post #: 36289355
Share

Originally posted by jack12 ↑

Originally posted by judd85
Do they have enough money to stay afloat with this indefinite suspension? That West article explains how SH have paid for plenty of family BBQs and toys over the years.
Running on fumes atm with 2.5 billion shares worth .005 cents.
Disapponting
Yes their past isn't the best, but they do have a extremely good gold results and are doing a follow up drill program as we speck. So possibly mid November we should have some more results.
They have only just started and already have very high grade gold results, they just need a board with a lot better money management or a take over.
I just hope we get some sort of update of when we will start trading again, it will be great if they can get it all sort for when the next lot of results are ready.

Expand

As you say-- with such good results and more good results expected, IMO the money will be found to allow the company to get back trading.

However some here have already expressed their plans to sell once we start trading again, so nothing less than outstanding drill results will probably be needed.

CLZ Price at posting: 0.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

AXP

Tambourah chases gold veins and mineralisation extension with drilling

There are more pages in this discussion • 52 more messages in this thread...

First 9 Last

Add CLZ (ASX) to my watchlist