RE:I you look at the dynamicsCompletely agree Dart. The other thing I think about is based on the limited drilling permit amount, and the availability of zeolite from other sources, there is a possibility zeolite starts trading like a commodity. Based on studies already completed, people can see that there is great added value using zeolite in quite a few industries. If it gets down to a supply and demand issue, just like with the availability of the shares, what do people think will happen to the selling price per ton of zeolite?
I am not a fortune teller so I don't like making predictions, but I know that I am keeping my shares for the next 12-18 months and watching as the company continues to develop this story. As Dart says companies in other industries get crazy market cap valuations based on having nothing, CNZ is already in production and sales have commenced. They are selling to one of the hottest areas of the market and will be selling to quite a few others. Add to that California and other states having marijuna approvals in yesterday's election and the market for CNZ just grew overnight in that one segment. The great thing is nobody, including me, knows much about the zeolite industry in North America so who knows what type of valuation CNZ deserves, all I know is that at less than a 10M market cap shares were a steal.
Glta