OTCPK:CRZNF - Post by User
Comment by
johnathamiltonon May 14, 2011 11:07am
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Post# 18576407
RE: CZN...
RE: CZN...I wouldn't be so quick to criticize. The issue is that there is a real risk that development money is going to be harder to come by in the next 12 months, so why not get 90 cents for it instead of 60 cents? My guess is that we are going to see a drop in price as the next slow down occurs. Obama has to do something to solve the US fiscal crisis and he can't print any more money without serious consequences to the USD - so I think we will see some hard financial choices coming forward in the future and this will affect the availability of investment dollars for projects like this... and perhaps depress the gold and silver valuations for a while.