CZN is not dead, its breathing out the great news with Nickle,...

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Telluride

4,442 Posts.

638

16/01/20

21:47

Post #: 42423481
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Originally posted by GoldBugBob ↑

The last CR was priced at 0.25cps
As of last quarterly they would have had $800,000 in bank so no requirement to rush and raise at 0.3cps
Finally got around to reading the results this afternoon and couldn't be more pleased
I tend to ignore day to day price fluctuations and focus on fundamentals
For the first 2 holes and ending in grade this is a stand out result

I cant explain why other companies are worth $50mln or $100mln and CZN only $8mln. Only that time values all things accordingly eventually. This should rerate significantly. I have confidence that these results are not just 2 flukes. Generally if your first 2 holes intersect this sort of grade you have drilled the purple patch.Looking at the JORC resource CZN have at deeper depth this is a developing story. 7 holes all of this grade over 400m spacing would be an open pittable deposit. They could truck and treat this ore to local processing plants. I paid 0.4cps and it is still that after these results so who am I to claim to be an expert

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CZN is not dead, its breathing out the great news with Nickle, it takes a while for anyone to accept the
past stock price that fell & hurt to many holders that lost money. But we all want it to go up over night.
But not how it works to be sustainable. It would kill the stock price, but this unbelievable story
continues a discovery at lynn Lake. Good choice or a bad choice to buy or not, investors will decide.
You buy or sell or just hold. I do not hold to many, i never step in in to deep.

Last edited by Telluride: 16/01/20

CZN Price at posting: 0.4¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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