For someone that clearly stated to all and sundry on this forum...

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Y4ukikmycow

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14/05/20

16:21

Post #: 44623390
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Originally posted by mode1971: ↑

Rotichan, the drillers would know exactly what's there.
They can work out nickel grade roughly by looking at the cores.

Dr hulbert most likely is on site, he alone will know as he was working in the Lynn Lake mine when it produced as a Geologist. Ie he drilled underground on A and EL in the late 70s

He will know exactly what was left and what was not tested.

He also was privy to chat of the day between Geologist and miners. We all know staff at the coal face know more than the management. This could very well prove vital as he will know things un documented.

Anybody that's read his thesis or read about his involvement with sherritt will know it will be him that discovers fraser, not anybody else.

Not much emphasis or credit is given to Dr Hulbert I note, it should be.

You can not get better than his skill, working there and overseeing drilling more than 40 years on.

Back in sherritt days, they maximised production at the expense of exploration, so Dr hulbert is able to explore things now that he was prevented looking at under sherritt.

He stated years ago he believed fraser is better than Lynn Lake. This was before czn got there, so his view is not for shareholder gain, but pure geological.

Czn shares are certainly being taken nicely, volume up today and we ended at 7m on sell.

The sell qty has reduced ever day this week as volumes are rising.

If this continues 0.3 will be gone and 0.4 the sell because stock will run dry at 0.3.

On top of this we had 11m options taken today, the highest traded in 6 months.

I was surprised to see it, wth them at 0.1 and full script 0.3. The purchaser is of the belief they will be in the money between now and 2022 or would have taken the safe bet.

Also why scoop up today?
Odd as it coinsided with director buy.

Last big options trade was 6 months ago, last director buy 6 months ago also.

The directors wife who bought is a Geologist. She uncoved a large zinc deposit. So I don't think her buying is a gamble.

There is certainly positive change this week on many fronts as drilling fraser gets closer.

Im certainly looking forward to drilling this anomoly, it is very dark green and over 350m long. You can clearly see it siting on top of the basal contract. This is a hard resting place this contact, so it's location is interesting, much like gold wash ontop of hard bedrock.

Still we need to wait to get excited. But if it is rich, czn could easily do 200 to 300m shares in a day. In past history czn did over 200m in a day so there is history.

Patience now.

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For someone that clearly stated to all and sundry on this forum History was of no importance to them you utilise it a lot when it suits the occassion, but hey that could be wrong looking into history much like not losing anything on a stop loss, just saying.

CZN Price at posting: 0.3¢ Sentiment: None Disclosure: Held
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