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Gold/Mining/Energy : ZEN vs CCB
ZEN.V 1.0000.0%Dec 24 9:30 AM EST

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rennie69
To: GrumpyGus who wrote (4772)10/28/2015 4:32:20 PM
From: RuddyMongoose1 Recommendation   of 5988
 
Message #4772 from GrumpyGus at 10/28/2015 1:48:50 PM

There is lots of marble there that is only marble and that is what they will take for themselves, or split with CCB if worth enough. The crushing for flotation is standard for anything floated. You are more than entitled to believe it will be expensive, but the basis for your decision doesn't really support it.

Grumpy, there is a lot more to my conclusion about the low odds that Miller will be mined successfully. It's not just about flotation or grinding. I looked at the big picture to come to that conclusion.

I have done a lot of DD on CCB and it's predecessor company BRU including research on management and the CEO's long track record of public company failures plus an investigation of the Miller property. Based upon my DD, I have doubts that Miller will be mined successfully but the investment deal breaker for me was the outrageous conduct of the CEO with respect to his bullboard posts on Stockhouse. He made defamation lawsuit threats and made a public declaration that he was taking the board back which is an unbelievable admission that he controlled the public bullboard discussions. Posters making critical comments even when true were threatened with lawsuits and quickly suspended from posting. Stockhouse has a policy of suspending posters without any investigation regarding the validity of the complaint whenever a company officer complains. It's beyond outrageous and it's a giant red flag warning for buy&hold investors. That revelation is why I don't post on Stockhouse anymore.

Here's a question for you:

Why would a company CEO with an apparent world class nuclear graphite deposit at MIller need to resort to such behaviour on a public stock forum?


ZEN's AE has faced as much or more criticism from the ZEN basher crew and he has never gotten into a mudslinging battle with posters. I suspect he has more important things to do. AE is a professional and the other CEO is not and it appears that he doesn't even know how to act like a professional.

In my opinion CCB will not be successful and shareholders hoping for a big reward will be disappointed under the current management but I suppose miracles happen so the CEO might finally find success after many tries. Go all in if you wish but I don't like the odds.
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