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Gold/Mining/Energy : ZEN vs CCB
ZEN.V 1.040+1.0%3:59 PM EST

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hoperrs
naimarantz
To: vette2009 who wrote (639)8/17/2015 6:56:57 PM
From: hoov2 Recommendations  Read Replies (4) of 5988
 
Why would I do reseach on a company I don't own
Seriously? So you can understand your own?

ZEN has probably spent between $1.5-2million on metallurgy, and they still don't have a flow sheet that would allow them to build a mill. Hell, RPA didn't know if the equipment required even exists.

CCB has a fully developed industrial scale metallurgical engineering report. For a fraction of the expense, I might add.

Lar

P.S. You don't assess a pilot plant metallurgical program on the cost per tonne. Not if you have a clue, that is.

P.P.S. No, let's do it your way. ZEN did up to 10 tonnes @ 5% = 500 kg. So, $3-4million/tonne.
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