OTCPK:CRZNF - Post by User
Comment by
Czicfwillgetermiton Jan 25, 2018 4:45pm
129 Views
Post# 27435706
RE:RE:RE:RE:RE:in at .69 many years ago ! just following up ...
RE:RE:RE:RE:RE:in at .69 many years ago ! just following up ... I think the winter road issue is huge for one main reason, that being czn let it expire. Now they have lost a huge percentage of their leverage for a loan, a jv, a merger. Czn can not realistically reward shareholders anytime soon with bone headed moves like dropping the ball while risking all going for an all season road. Its a single minded approach to a problem they created by insisting to de risk for a construction loan they should never be allowed to get in first place. Its laughable as I dont think these folks should be allowed to build a doghouse. A mistep can be absorbed by big player, not czn.
Like I said, they will muddle through, I think other miners should send folks to czn to learn the long expensive process . After spending another 10-15 million and losing another year or two a build permit will surface for roads but the only winners will be brass. Time for new managment at a minimum. My vote remains a buyout with stock from bigger player.