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Gold/Mining/Energy : ZEN vs CCB -- Ignore unavailable to you. Want to Upgrade?


To: BNStrader who wrote (4769)10/28/2015 1:05:50 PM
From: RuddyMongoose1 Recommendation

Recommended By
NLWest

  Read Replies (1) | Respond to of 5988
 
Message #4769 from BNStrader at 10/28/2015 12:33:43 PM

What was the last company that the Donut produced a 43-101 or a PEA? His companies live with the Fishes.


He did have great assay results for rare earth elements with BRU and the stock soared from pennies to $3.00. Sadly, the company was unable to prove up the resource with a 43-101 resource estimate and the stock dropped to pennies again creating huge losses for the buy&hold shareholders.

It's a sad story for the shareholders but all was not lost. The company did a share consolidation, changed it's name, gave management new share options and raised new funds with a PP. The same management team building on their BRU experiences then refocused the company to graphite and went looking for a property to promote so they could continue to collect their salaries. They found one called Miller in southern Quebec and now you know the rest of the story.

CCB has great assay results but haven't been able to produce a 43-101 resource estimate yet. Hopefully, CCB will complete a resource estimate soon so the shareholders don't have the same ending as the BRU shareholders did.