OTCPK:CRZNF - Post by User
Comment by
Czicfwillgetermiton Nov 19, 2013 2:53am
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Post# 21918104
RE:RE:RE:RE:RE:CZN Reports Financial Results for Third Quarter 20
RE:RE:RE:RE:RE:CZN Reports Financial Results for Third Quarter 20For those of you still deep in CZN. I doubt there are any good financing deals or partnerships that can come from this horrible enviornment. Sometimes doing nothing is the best idea. The greatest risk here is management jumping into a deal that does nothing more than keeping CZN shareholders broke but keeps the paychecks flowing.
If management had their thinking caps on all drilling would be stopped unless it will actually add to the reserve base at prairee creek, update the reserves and stop spending money until bigger players want to play and pay in a year or two. Management continues to spend money like it comes from operations imo and it needs to stop. If they do the shares may actually break the cycle and see new highs. Until then my investment will remain very small. Good luck