OTCPK:CRZNF - Post by User
Comment by
Czicfwillgetermiton Apr 13, 2013 2:58pm
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Post# 21250904
RE: After Permits Issued, Stock Price UP ...
RE: After Permits Issued, Stock Price UP ... Ivub, The part in there that refers to drilling campaigns that have discovered stellar grades has me convinced the 2012 PFS is based on the 2007 mineral resource estimate. If you check the overall measured, inferred and indicated tons they are pretty much identical reports.
So we may have the 2008 drill assays ( which specifically say they were not added to the 2007 estimated resource) along with 2010, 2011 and 2012 drill assays to use in a new FS.
As far as the water draft permit comments, it appears option 1 EQC is the clear favorite as is with option 2 a go with more examination of the data. CZN will be looking at building a new storage pond and more data to get its way with its first choice for water quality although imo option 1 and 2 seems fine. All looks good. Just waiting for the folks at AANDC (the ones who wanted another long wait for data but were not real sure what to do with it) to throw in their 2 cents on monday. The board basically told them their approach was flawed, but in had some simularities with option 2. The NDDB is in favor of option 1 but open to option 2 and CZNs variable approach.