I posted this a while ago. Only facts no speculation.
CZN today is capped at $8Miln, has $1.1Miln in cash, only $600K of debt.
They own 100% of their Lynn Lake deposit, have a 100Kt JORC resource at depth and have begun to prove their model for shallow mineralisation.
With $1.1Miln in the bank, they can do up to 10,000 metres of drilling over the next 6 months to build on the current JORC.
Drill rig is on site and should commence drilling in this week or next.
Don't forget their initial discovery hole was what generated all the buzz so many years back. This hole is what companies dream to recreate in modern drilling. You only need a few of these to build a monster JORC.
Bought my 3rd parcel of shares today.
CZN Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held
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