I'm not sure it is all the CEO's fault. The property makes the CEO. So they have a resource but there is still much to do before a shovel hits the ground, imo.
And everyone knows what that is. They have to prove their process can work at production scale and do GDMS. 25Kg's in the lab does not cut. TBill, tell me a concrete reason why they would not do this? I can suggest some reasons but I'm the one asking. Outdated pricing was also used. And there was no follow through volume today?
Now you have 'control the board' issues. Well, both sides do that. If you state with reference or copy and paste directly from Zen's website, any real info, you get banned. But, I also realize that the information that they interpret fits with their dream, but not reality, like the 1.6M of something but they fail to understand what percentage is left after the entire process is factored in. Now, if one of them post information, do the CCB supporters ban them. Well, if it is real information pertaining to CCB it should be considered and then you scrutinize the information. So dragging up past failed companies etc has little to no bearing on what CCB might have as a resource. So sure ban the crap but not the facts. Next thing you'll be saying Ballard is buying zen to furnish the new contract they acquired from China. None is buying anything until it is proven to work in production setting. Opinions are another matter and sometimes we simply have to chose to disagree.
Now realize, CCB did all the necessary work. They have past data to draw on. They have present data to draw on. We know all about the purity, boron, head cut off etc. We can substantiate the numbers for all mesh sizes. We can also read the floatation and thermal numbers across the board. What we don't know is can this get off the ground? It is now just a matter of time. The marble is large blocks or slaps of mighty fine marble with a $13.75 million contract on it. The nuclear connections. I would absolutely love it if CCB was to furnish a 5 year PBNR trial at $25,000/ tonne. The metrics or ducks are definitely lining up. About those drill results never being released. They said all will be in the PEA. is it possible they conserved expenses on essaying until they got further data? In the mean time, all the cheap overhead expired. Would you rather a positive PEA result with 6 to 8 million units of 10 to 25 cent paper? No sir. What is the share price overhead? CCB float all cleaned up. More food for thought. |