OTCPK:CNZCF - Post by User
Comment by
depthson May 18, 2017 11:49am
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Post# 26259832
RE:SNS.V- Quarry comparison
RE:SNS.V- Quarry comparisonCome on corey.... lots of material to work with here.
thepbay wrote: 41M tones of fine mesh fac sand, indicated. Then 50M inferred on a newer property, not as fine though. That comany is selling their product and is close to roads and rail. These reports are compliant resources studies. Not like the Sun Group property CNZ promotes. SNS has a market cap of 87M on 73M shares.
CNZ has 200K tones of compliant Zeolite, and if they drill the whole Bromley property, all things being equal, will amount to just over 3M tones. That will not happen because there are areas on the 30.8 Acres that are not great or even good. The other property has a non compliant resource estimate.
No idea how this is valued at 15M, makes zero sense.