OTCPK:CRZNF - Post by User
Comment by
gottagetgoldon Jan 03, 2011 3:26pm
289 Views
Post# 17919065
RE: RE: RE: RE: permit date;
RE: RE: RE: RE: permit date;Happy New Year to all,
I guess I am making the Bull case-The risks to the down side relate most directly to the upcoming decion in regards to
Praire Creek that is all Known. What I argue is The 15% holdings CZN owns in FIJI which coupled with cash is appox.
45% (rough figure) of the companies value. Using companies guidense, production increases for the Fiji mine and $1400 dollar Gold and TSX listing ,the current S.P. of .66 cents for CZN is a bargin. I contend that continued success in Fiji will remove most if not all the risk of Praire Creek in the near future. If the value of the Fijian assets rise. I believe this will turn out to be a covered bet and investing in such manner.