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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: onepath who wrote (33219)2/18/2007 1:37:45 PM
From: AuBug  Respond to of 78413
 
CZZ.to is rising nicely. I had them on a watch list of Raglan Ni plays along with KNP.v. What's driving CZZ.to?



To: onepath who wrote (33219)2/20/2007 11:32:43 AM
From: aknahow  Read Replies (2) | Respond to of 78413
 
Not CZZ. CZZ is quality company with quality management that is embarked on using the lowest possible base case prices for its' own reasons.
I have never proposed using unrealistic prices, and fully understand prices can drop and probably will.

Use of an unrealistically low base case will result in having to hedge a greater portion of production and other less favorable loan terms. In the meantime any financing done will be done at a share price that does not reflect full value.