Nickel at a 52 week high and the $15,000+ sweet spot, page-8

Zubric, it's not the quality of the deposit, sherritt mined it with old tech successfully. The quality relates to DO.

That is the issue, no DO.

I've owned all this year, we have had two cap raising, no jorc upgrade, even though they drilled Lynn lake.

Now there pottering around miles away versus getting that mine ready. The el deposit already has 10 years ore.

A smart move would be to bring that online for a 10 year mine, then expand resources around it, to extend its life.

It will get to the point when there are 6b shares on issue, just 2c values czn at 120m then.

The more crs, the less the price can rise, the less profit for shareholders. In the end nobody will touch czn at all as can't profit by all the script.

The management don't give a sh*t at sub 2% ownership or they would be on 10%.

I had claims for gold, I had resources and I knew more existed, as czn does. But I started little, and used cash flow to expand equipment and tonnage, so more cash flow, I then used all the free cash to expand resources. .

I know they are an explorer, but if you have open mineral and it can provide cash you treat.

In my case if I had of ignored my ore and explored, I
would never have had money left to mine as it would have all gone on exploration.

The difference is, I had to use my own money, were czn uses others.

They have had Lynn Lake plus 5 years and all they have done is add 30k tonne of resources and issued billions of shares. That is extremely poor progress.

Also most companies have a road map, czn nothing.

Its my worst investment, I have not lost a cent, but I could have used the capital on other stocks.

There is only a few endings.
1. Luck at fraser or Ralph
Failing that
2. Sell Lynn lake.
3. Call it a day.

They can not keep asking for money whilst not delivering. You can only push the barrow so far.

My reasons are why czn is 0.3 and not rewarded for Lynn lake. I think its a great resource. But I do not think it will be them that mines it.

To me they need a progressive new ceo.