ZEN vs CCB Message Board

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Gold/Mining/Energy : ZEN vs CCB

ZEN.V 1.000

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Dec 23 3:59 PM EST

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To: helo4 who wrote (5852)	1/5/2016 10:59:18 AM
From: RuddyMongoose	3 Recommendations Recommended By Bills16 GMPInvestor helo4 Read Replies (2) of 5988

Message #5852 from helo4 at 1/4/2016 11:56:01 PM Ruddy, I've found it best to stick to info released by the companies while filtering the crystal ball noise from posters. I've not done any DD into the marble market so to assume to be able to process and ship 500 tons per day must be compared against what other marble companies are shipping, can the market absorb the additional tonnage...has anyone posted any market analysis of the marble market? I'd rather own a pure graphite play... That's my point Helo. Chief is throwing around all kinds of cost & revenue and tons processed/day numbers but nobody has released any information on the marble market and how Miller Marble would impact that market. In a few minutes of research I found 18 architectural marble quarry areas in Quebec. I also found that 2/3 of marble sold is crushed. Unfortunately the stone industry in Quebec is fragmented and market stats are lacking. A few large companies appear to dominate the stone market. Whatever, Chief hasn't even thought about the market. He seems to think CCB will just process marble and the market will absorb whatever they produce. Markets don't work that way. A proper market analysis should be done before any quarry work is started. Can we assume CCB commissioned such a marketing survey as part of their overall viability assessment or do we think they are just "winging it" and hoping for the best? Another issue is that we can't do any DD on the $13.75 million marble purchaser because CCB is concealing the purchaser's identity. We have no idea if that company is an established leading marble marketer or if they are a Mom & Pop operation with a rented front end loader and an old logging truck. A lot of information is missing for a proper DD assessment. Nobody here can adequately explain why CCB has concealed the purchaser's identity. Chief said the reason was a NDA but that doesn't make sense once a contract is signed. Something doesn't smell right so I'm raising another red flag.

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