This feels like chasing an elusive rainbow we will never get there. The Neander- thals in that GNWT boards are stone age beings who move at glacial speed,and from their actions, or lack thereof is more like it, are just featherbedding. That GNWT is to Canada what Mississippi, Alabama are to the US. Backward folks who don't want skills or an education. Got to get a permit to apply for a permit, and the permits seem to be endless. All the entities from Parks Canada to all the FN tribes are living in the dark ages, and every little voice has to be heard. What is the big deal about getting a once already mine permitted?? Wait.. every little mosquito, bug, bear, pile of moose sheet, and guppy has to be protected. The moon and Great Spirits have to approve too, and many smokes of pipes in igloos or teepees have to be held. This is really getting to be a freaking joke. How CZN management endures is beyond me. It is infinitely easier to do business in Mexico and deal with the mortada and narcos . CZN should sue the FN, GNWT et al for effective confiscation and denial of private property rights. Have all the opposing entities buy them out for a billion or so loonies. Then let the darn place rot. This has been going on 15 years, and is the never ending story. CZN needs to stop pampering them with golf tournaments barbecues etc. They are all just looking for a free lunch. What is so darn special about that area anyway, it is frozen 9 months of the year, and I would wager hardly all the stonewallers have never been there. They can't get too far away from the alcohol cheetos, and Ottawa dole welfare cheques at the Post.
Canada should take over all the NWT and make it an official province to promote responsible development and economic opportunity. Nothing of any benefit to the economy will every get done until all the ways of current thought die off.
Money invested here is like putting it with Rip Van Winkle. I am selling some just to get to some opportunities than are bearing fruit in the near future. Selling some CZN and buying depressed Helca, Great Panther and American Manganese that are either producing now, or like the case of AMYZF/ AMY.V being welcomed with open arms in Arizona with their mine.
We all should have bought Apple 10 years ago instead of having moss grow on our invested dollars with this egg that seems it will never hatch. Some of the environ nuts might even file suit to stop mine even if approved. ( speculations on my part, but would not surprise me. )
Lesson learned never buy stock in any company with a want to be mining property or hydrocarbon development in the NWT, your money will be frozen along with the winters there, and in hibernation.
Seems all those spec buy recommendations are just fluff that no one believes, and maybe designed to help some sell. All the Cambridge and PDAC exposure sure seemed to boast share price too.. NOT. Apparently most investors just don't want to fight the Indians and government bureaucrats for years on end.
This may work but after how many blue moons, and opportunities costs loss later. Now I see why Jason Hommel, the big silver bug dropped it from his reco silver boom list years ago. He saw the titanium wall of resistance.
Just had to air this rant out again, and sorry if anyone is offended. But this is how I see it, and is not far from the truth based on the share price. Selling some CZN and buying a physical silver bar seems like a better option now.
Keeping some and putting it in my will and Estate Trust for my children, maybe in 20 years there might be an operating mine there, if silver, lead, and zinc don't crash in the meantime with a World depression.
Just any few months.. like as the years roll on.
Just had to get this off my chest again, as nothing moves this stock it seems.
Kearney should send us all an ore sample so we can at least see the silver lead and zinc in the rock as a dividend. Use as a paper weight.
Harder and harder to keep the faith, and have to sell some to seek a return elsewhere.
GLTA