OTCPK:CNZCF - Post by User
Comment by
whitesailon Jul 22, 2016 2:57pm
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Post# 25076908
RE:Man Does This Look
RE:Man Does This Lookdart321 wrote: like it's ready to pop!!! Does this ever remind me of NPH when it was sitting at 31/32 cents. It sat there for a week or so, trading about the same volume. Then all of a sudden it popped to the 60's, had a small correction then popped again. The big difference with CNZ compared to NPH is CNZ has 60% less shares outstanding and this is a royalty play or instant cash flow or net profits. Still can't get over the fact all this that is happening is costing the company "ZERO" dollars.
Not quite true, as per SEDAR:
"The Company has a Zeolite project in the Bromley Creek area located near Princeton, British Columbia. The Zeolite claims are subject to a $1.50 per tonne royalty payable to an unrelated third party and a royalty payable to the government of British Columbia. "