GREY:STTYF - Post by User
Comment by
denisonodon May 31, 2013 9:30am
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Post# 21466037
RE: Press Release lInk - In with the Big Boys
RE: Press Release lInk - In with the Big Boys Canadian Zinc's major shareholders: Sprott Asset Management 9.4% and Shandong Zhongrun Investment Holding Co. 9.1%. Final permitting is expected Q3 2013. Current life of mine is projected at 10 1/2 years with total production revenues estimated at $202 million annually. At that rate, it would take 2-2.5 years to recoup the $6.8 million payment. Revenues could/should begin in 2014. With these "big boys" in on the project, I expect this one will go forward with little or no significant delay.