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Cleghorn Minerals Ltd CZZ


Primary Symbol: V.CZZ Alternate Symbol(s):  CLGMF

Cleghorn Minerals Ltd. is a Canada-based junior mineral exploration company. The Company has a 100% interest in the Meech Lake - Matachewan Prospect, a property located in northeastern Ontario, subject to an aggregate 3.5% net smelter return (NSR). The Prospect is situated in Argyle, Baden, McNeil and Robertson Townships. The property is located approximately 25 kilometers (kms) northwest of Matachewan, in Northeastern Ontario, within the Abitibi Greenstone Belt. The Prospect has approximately 41 cells (36 single cells and five boundary cells), covering a total area of 833.6 hectares. The Company has identified and confirmed the presence of two separate mineralized systems on the property: Kell’s nickel-copper-platinum group element (Ni-Cu-PGE) Showing (T-52) and the Waterhole gold-silver-zinc (Au-Ag-Zn) Showing (T-1).


TSXV:CZZ - Post by User

Post by Koopmanon Jul 09, 2017 1:09pm
149 Views
Post# 26448754

Where to now?

Where to now?
It was just starting to dig out of the doldrums and then blahhhh, another setback. I can't help noticing the correlation b/w CZZ and Oil prices. I guess that the ethanol additive component of the stock is what is causing that. In this case, it seems we will be hanging out at these low prices for a while, unless we have a surprise or even reasonable earnings. I'm hoping for $1 earnings this year and that should bring it back to the $9 range (even on a conservative basis). Am I dreaming? Somebody talk to me!
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