OTCPK:CRZNF - Post by User
Comment by
Czicfwillgetermiton May 11, 2018 11:03pm
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Post# 28021559
RE:RE:Sell it
RE:RE:Sell itAs a former shareholder who got stopped out in jan after about a week or so that for sale ship may have passed. The market cap of this turd most likely will be in 5-10 million range after another year or so of dilution. They chose to spend100’s of millions on salaries, moose dating sites, fugi nonsense and other bad choices. What they never figured out was how to partner with locals. Offering jobs was always a nonsensical prop for a mine that may or may not get built. Looking back I bet offering them up to a 20% stake and rev sharing when milestones were met would have been equity well spent.
Only skyrocketing ore makes this mine viable now. How much more dilution just to keep lights on is anyones guess. Sell the moose farm and save a dilution or two is a good start. Make locals real partners or its game over. Brass has no problem working for shareholders or stakholders, all pays the same. Good luck