OTCPK:CRZNF - Post by User
Comment by
Czicfwillgetermiton Mar 25, 2013 1:24pm
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Post# 21164063
RE: RE: RE: RE: And here is the Excellent News!!
RE: RE: RE: RE: And here is the Excellent News!! The company got news that was the best it has had since the EA review. If we take out the spike earlier in the year we are still 40% off the lows. Not bad for a junior in a weak sector with sprouut selling everything including the kitchen sink. There is no reason to sell now as we just got a huge break.
"Furthermore these proposals will ensure that the Mine will have the necessary flexibility to discharge sufficient water as the Mine develops, and provide a mechanism for water discharge for different development scenarios and creek flow conditions.". I like the part about different development scenarios. That tells me the board is already thinking that CZN will want to increase production especially with a JV partner or bigger player.