I agree. In the short-term CAZ could be a good "penny dreadful" to take a punt on, but nothing more than that. They could well bask in CLA's success in the near future but until they prove that they have something within their mining tenements its all up in the air- and very risky. If I had some spare cash I'd probably even consider having a modest punt, ride any short -term gains, then sell out (and possibly come back again when the SP starts rising agin).
In contrast, CLA has a PROVEN cobalt resource- the results of an extensive drilling campaign, with lab results to back this up. No comparison, really.
CLA
Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
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