RE:Hold on FolksOne last point....
You are giving management credit by stating how they took a zeolite company that was trading at 9.5 cents in June to over a dollar currently. Do you think that same management team would go through the pain and process of setting up a new company if they didn't think there was value to it? Do you really think they would go through all that hassle for something worth 2 cents per share or less?
If management think that the gold property is of little value my opinion is that they would just try to sell the gold property and put the cash into the CNZ bank account. Why do a spin off and risk the reputation they have worked hard over the past 6 months to build over a gold property worth two cents per share or less?
I think they feel that there is value to the property and it is worth setting up a seperate company for, but that is only one man's opinion.
Glta