CZN share price, page-368

For a weekend exercise a bit of musing about your question. I expect you mean will CZN's SP go from cents to Dollars a la SIR.

Yes it could be similar if many things align. Will it - no-one knows. Most of what is below is a re hash of history and announcements

Some things to look for re a comparison of SIR/CZN.

NUMBER OF SHARES ON ISSUE:
SIR 150M CZN 500+M

The ratio of SIR to CZN SOI will have an effect on SP appreciation.

Maybe other corporate issues but not my area.


NOVA HISTORY ON HC
Here are a couple of links to HC posts on SIR soon after the Nova discovery (very busy site with these coming from 12 pages back).

This is a link to a short thread after a TH to announce the discovery. Pre open 5.7c and 30c at noon on its way up and up.

Check out this link to a SIR thread - great prediction in hindsight not too long after the discovery.

GEOLOGY/GEOMETRY
For the FLC discoveries (IMO 3 so far) to put a skyrocket into CZN's SP there need to be some significant widths and economic grade assays along with continuity. Nova and Bollinger both had these combined with significant down hole geophysics.

Depth is similar but the orientation of mineralization at the FLC has yet to be determined. I suspect the relatively flat Nova/Bollinger ore bodies made the drill out relatively easy. Lynn Lake deposits have historically been sub vertical and plug like so if the FLC has similar deposits then the drill out will be different to N/B.


PRACTICALITIES AND NEWS FLOW
Access in the muskegs and the possible need for a vertical drill out could impact on news flow. SIR came out with continuous news flow of impressive intersections followed up by confirmatory high grade assays.

IMO companies that are exploring outside Australia have to really sell their product to the OZ Market. Canada may be better than some counties but it will possibly have some impact on how the SP moves.

Both SIR and CZN have other properties. For SIR they didn't add much to the rise in SP but are still being explored within S2. Mt Gilmore or FLC? Which is going to be the focus for CZN funds? This becomes important from the news flow and market sentiment towards the company. Poor results from one or the other can put a real dampener on SP.

CASH
$3M from the SPP will help but a serious drill program at either CZN project will make a quick dent in it. Good results (=SIR) and money is no problem. Average to poor results - ouch.

SUMMARY
SIR wasIMO a once in a generation discovery and rode a wave of good results, positive market sentiment and reasonable to good metal prices to go from 5c to nearly $5.

To emulate that CZN is in a tantalizing position for a second lightning strike IMO.
Metal prices are heading in the right direction at the moment.
I would be surprised if the grades came in as high as N/B from the photographed zones but relatively consistent economic grades are implied by the announcements.
True widths are unknown and will be important in future economic studies.
As Larry Hulbert pointed out in a talk the entire Voisey's Bay deposit could fit within the FLC with room to spare.

SIR approx 100 bagger to $5
CZN to do the same needs to get to $1.50 to $2.00 based on SP before the current rise.

Time will tell.

Over to the experts and knowledgeable here on HC to have a go at this if they choose.

GLTAH