I'm not targeting you @sol1 I'm testing things because I hold a company that has an established track record of chronically over promising and under delivering and is now proposing to get into something that it knows little about.
I don't have an "expert" opinion and never claimed such. I have an informed layperson's opinion that suggests these assets probably aren't of the quality that is claimed and my opinion is that this is a play to see if Lithium 2.0 tide has enough in it to lift all boats, including those that couldn't survive the bust after Lithium 1.0. Let's hope it rises.
What could be the problem here? I already gave you my downside and I'm ok with it - $50k up front, $1 million in shares, some exploration expenditure. We can live with that.
Why am I still holding? Because I primarily bought CCZ for the Arya target and, a very long 16 months after releasing their drill plan they are finally about to drill it. If Arya is a bust, and Big One proves not very big, then I'll plan an exit to the sidelines and watch and wait for good opportunities.
My reference to CXO taking us over was a tongue in cheek play with the idea that if they're buying it off us down the track it would be cheaper to do now.
Good luck. I think we've exhausted the topic. I'll leave you to your optimism and I'll snuggle up to my scepticism.
CCZ Price at posting:
3.4¢ Sentiment: Hold Disclosure: Held
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