Why I like CZN, page-20

I believe Vale will soon be making a play for CZN

There was reports Vale were sniffing around Lynn Lake late last year and this would have been under the direction of Gary Eyres.

Well Gary Eyres is out and replaced by Franco Cazzola.

Cazzola,was the manager of the Copper Cliff mine in Sudbury. He is a bit of an industry legend in the copper and nickel space and much better fit than Eyres to move Vale forward. Moves quickly and gets stuff done. Worth googling him.

I think the M&A discussions would have been put on ice till this management transition was complete.

This should work in CZN favour

Finish the next round of drilling at Lynn Lake and maybe Fraser Lake to prove double surface deposits
Then deal with Cazzola who is a mining guy

If I was advising CZN I would say make Vale wait.

Do 2,000m or more into Lynn Lake and a few holes into Fraser then approach them later in the year.

2 successful drill campaigns will get them chomping at the bit.

Cazzola is much more 'gungho' that Eyres, you'll see.

I think things are about to start happening for CZN. Shareholders should give them 12 weeks and see what comes to fruition and where the price goes.