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


To: subordinate1 who wrote (432)12/16/2015 2:02:57 AM
From: ShotoRead Replies (1) | Respond to of 12350
 
Yes subordinate1, when you google the ASTM D7219-05 you get a notice that it is superceded to ASTM D7219-08. The "05" is now more.

SUPERSEDED (click for Active standard) (and that takes you to the "08" page)

These guys have a knack for multiple pages of redirections, referrals and supercedes.

I spent a bunch of time going thru the actual specs for the testing and thru a maze of redirections, and it was the typical gov penchant for complicating things to keep the guys off the street away.

I'm not particularily concerned about that - it is what it is - CCB doesn't have a resource out yet, so if they do achieve that standard, well, its kinda academic until such time as a lot more happens, isn't it?

So people are holding their breath for some reason, some aren't.

Like most junior miners - ZEN included - its a wait and see, and then wait some more. Only one thing is for sure - sooner or later its do or die, and there's no in-between.

I used to prefer O&G explorers during normal times. They drill and case a well, test it and complete it - if it's not a duster - and in a couple days everyone knows what they got there. Not so with these mining juniors in development. They take sooooo long. I think we can all agree on that.

Its why most of them die on the vine.

Shoto



To: subordinate1 who wrote (432)12/16/2015 11:46:49 PM
From: LearntoTradeRead Replies (1) | Respond to of 12350
 
Right, so I think what you have is that the testing is completed. The test document is to be validated. But what of the standard itself? The way I read into this is that the actual standard needs a revision or engineering change notice of sorts with items clearly defined. After all, CCB just defined a new standard perhaps. Once that process is completed it goes to the committee for approval. You caught the "Canada Carbon referenced ASTM D7219-05, but the active one was ASTM D7219-08(2014) {which is the one being listed as the active ASTM for that area}.", Well done.

The mere fact the testing/ analysis is done before the standard is defined or updated is positive proof of the huge interest in the CCB material. So if the resource and economics are favorable with this designation, CCB will be sought out by high profile clients bidding to secure what they need. That which only CCB has.

As I said in the past, there is risk with this stock but I also advise folks to thoroughly execute on proper due diligence and research. Keep a record or summary, log or whatever works for you. Use references to point you to actual info in SEDAR docs or NR's etc. Read the crap on the boards last or never. If you discover a poster or posters whose research correlates well with your research, make contact or at least pay attention. They may have very good instinct or understand pieces of your puzzle. But trust only your research!

I also expect the CCB price run will be in play within 3 days into the new year. Don't forget the amount of money raised by that 33 cent flow thru with no warrant. those funds need to spend accordingly in 2016. Not all the 25 cent options got exercised and to be honest, better they expired. suppose we push to 50 cent top, settle at 42 and do 40 to 45 cent PP with 65 warrant? Better that having 6 million wall at 25 cents, lol. I'll take the 65 cent wall.