CLZ 0.00% 0.1¢ classic minerals ltd

@Non ferrous how are you? Is that convertible note the same one...

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  1. 3,058 Posts.
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    @Non ferrous how are you?
    Is that convertible note the same one held against mother Doutches house?

    For the past few years I’ve used $60/oz as a guide for inground gold value. I think that needs a revision to around $40. Look at KIN MC at $38m. They have 1m oz plus and likely more on the way. That said, you may find with current debt and in ground gold value, CLZ may be over valued with MC above $12m.

    I think I read 240k oz jorc’d thus far. Dean really needs to get a move along and update this ASAP to steady the ship.

    It’s such a shame that the lingering smell of the past continues to kneecap CLZ. You’d have to be tempted to consolidate and rename the company just to rid it of that smell.

    GL.
 
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