OTCPK:CRZNF - Post by User
Post by
cupricityon Feb 17, 2011 5:55pm
378 Views
Post# 18153475
What I like about CZN.
What I like about CZN.
1. There is already a mine built.
2. They are covered by a large share position in VTKMA which they can sell to build the mine, or most of it so dilution is less of an issue than with most aspiring miners. (The share price could never go to the 20s without VTKM going down at least 50%)
3. The ore is very high grade- I mean they were going to mine it in the 80s right!
4. Zinc is my favourite commodity for the 2-4 year horizon, we are still a long way off of 2007 highs.
5. They are constructive, and cooperative with First Nations and locals.
6. Management is soft spoken and productive. A real bunch of quality characters.
7. I get a target sell price of $3 at least. 20 bucks seems a little far fetched unless Zinc caught up to Copper in price.