OTCPK:CRZNF - Post by User
Post by
oldmanmikeon Apr 03, 2016 7:03am
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Post# 24724915
3 Little Things
3 Little Things1) The project gets done - It will, but likely not by these guys. Not enough resources.
2) Sell the asset - To someone or company with depth($ and Talent) in their organization.
3)Taken away from CZN - Company gets bought-out for probably cheaper than the sale of the asset.
Most likely 2). Less hassle than a take-out. Current MGMT gets their payday and on-going deals(Directorships and or other employment). The majority of the work is done.
Forget all the "What-If" scenarios unless they provide substance to a project risk analysis($) by taking a more conservative and realistic approach on revenue and cost. I've stated my views on the current PFS - a poor marketing document and not a business plan.
The current MGMT could loose the company with a take-over.
This is all about money! What the asset is worth now to someone else($/share) or what the asset will produce in dividends($/share/yr) in production for shareholders now and in the future. Nothing more and nothing less. Why did you buy shares?
We're in a ballgame. The Prospector(1928), follow-on companies, Hunt Bros and current MGMT has got this mine to 3rd base. It has sat there for 17+ years. Maybe a skinny little accountant, with good business plan skills, can lay down a sacrifice butt down the 1st baseline and bring this puppy home! LOL!
Current ojective is to get the share price up to reflect the asset value.