CCB vs ZEN truth board Message Board

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Gold/Mining/Energy : CCB vs ZEN truth board

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To: jiggydo who wrote (5146)	3/20/2016 3:49:59 PM
From: RuddyMongoose	Read Replies (1) of 12350

From: GMPInvestor 3/20/2016 12:21:18 PM What is there to be optimistic about? Ccbs PEA was complete garbage IMO with a 100% inferred resource. PFS will be more of the same garbage. Take off the blinders Jiggydo you will lose your eyesight. Message 30510241 ------------------------------------- To: GMPInvestor 3/20/2016 12:24:44 PM From: jiggydo GMP, do not think Bruce Duncan going to be impressed with your post. Lets see what action he takes. siliconinvestor.com ------------------------------------- ------------------------------------- We always know when a CCB supporter is faced with facts he cannot refute. He quickly resorts to the favourite fallback position of the ZEN bashing CCB supporter which is the lawsuit innuendo post. So what "action" will CEO Duncan take? How are those previous lawsuit threats and accusations working out for him? GMPInvestor is right when he says that a 100% inferred PEA and resource estimate has no economic value whatsoever. It's basically worthless to investors other than the fact that it should be regarded by investors as another red flag warning. If CCB had the data to produce a proper PEA with an indicated resource estimate that meets the requirements of 43-101, they would have done so. In this case, the 100% indicated estimate should be viewed as a negative event. I predict that the PFS Chief that says they intend to produce will be for 100% indicated marble and not for graphite unless it also includes a description of a 100% inferred graphite resource because CCB doesn't have enough data to produce a 43-101 approved PFS for graphite. Chief tried to tell us that CCB will release a PFS in only 3 months. That might be more difficult and involve a lot more work than he realizes. Here's what the Canadian Securities Administrators (CSA) has to say about the PEA and PFS: osc.gov.on.ca Summary of above documment: web.cim.org

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