Agreed Quanta and Jonathan - a 40mil market cap puts czn at 5c - realastic but will need some pockets of +1% Co and a decent strike length ie. 5 or 6+ meters not just over 2 or 3 meters. It will also require extensive meterage of a decent grade of +0.5% Co over at least 30meters or so.
Remember that it is only the first 4 holes, coming after this is 8 more drill hole results and some drilling at Iron Mountain and Hassans creek also. A few holes to start us off will be a big step towards a resource.
Then we have the big one, Lake Lynn..... and Nickel is looking good. Bring on 8 -10c if the stars align.
Sentiment hold but any results like above and I will be buying on the open.
CZN - High impact Cobalt exposure, page-415
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