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Gold/Mining/Energy : Gold and Silver Mining Stocks
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To: rails99 who wrote (3534)11/19/2002 1:02:53 PM
From: Claude Cormier  Read Replies (1) of 4051
 
CZZ has pulled some great numbers especially with this morning announcement. So the stock price make sense given the hopes that such numbers raise.

However, they need decent tonnage. If coming results do not confirm the presence of a decent size high grade deposit, the stock will come down hard.

The room to expand the deposit exist but is limited. I would think that extension are possible down deep and to the south east.

Of course, they have drill 100 holes on several targets. Who knows what they may find.

At this point in time, it is impossible to say where CZZ stock price is headed. I would say it is a very high potential/very high risks situation.
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