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

To: Luvin_It who wrote (2971)	1/18/2016 5:11:52 PM
From: the Chief	Read Replies (1) \| Respond to of 12350

There is just so much here Chief, where to start. Firstly, people can post what they want, we live in a free society so its not up to me to "allow" or "disallow" something. Secondly, I believe Valuhunters numbers are low. I still think this will be 2.5-3M tons when its all said and done, this is open at depth. You know as well as I do that the PEA is extremely conservative and the cut off grade will be lowered. Thats fine, you have that right to be optomistic, just as I have the right to believe that the Miller property will hold 500K tons by the time we are finished. Do you have issue with that? If not then there is no argument. Its funny how in one breath you poo poo the PEA and make up numbers like $600M in capex when we know the the number in there was padded and will ultimately be lowered to less than $300M. Then in the next breath, where its convenient for you, you rely on the PEA to try and discredit Zen. So which is it, reliable or unreliable, you cant have it both ways. Not true, I am being very consistent what I forgot to do was say $600M Cad because thats what $411US is now. Let me tell you something about Padding. A PEA is designed to exploit the entire good side of a resource.The people that do these PEAs are engineers who are paid to be as precise as they can be, within reason. If a company every found out that an engineering firm padded their PEA to a point where you suggest, then the company has every right to sue that engineering firms butt into the next decade. I really have no idea where you got padding from in the first place. I never heard of the term nor I ever seen a PEA be out by as much as you suggest. In fact when things are all said and done 99% of all PEAs are under the true value of the project. Its only when you get to PFS level of knowledge that accuracy begins to take place. Try to find ONE PEA where people assumed it was padded and when the ensuing PFS came out the number was lower. The ONLY time I ever seen that occur is when a company changes the scope of the PEA and leaves things out so they can lower costs. Other then that, what you believe does not exist. Let say that ZEN never gets financed because of the "so called padding you refer too" because everyone believes the present number. If that were even partially true, ZEN could sue RPA out of existence. They are paid to do a job, not "pad as you and others suggest. So you are fully aware what I am saying, when CCBs PEA/43-101 comes out I will never use the word PAD no matter how big the numbers are. Why? Because if it was found to be padded I would be the first one to ask CCB to sue Tetratech. Padding is only associated with contingency, thats the difference between engineers and you. How they allow for error is the contingency, not the real numbers. Finally, Zen supporters can't say anything according to you, yet you come on here and tout a $450M market cap for CCB who hasn't even released a PEA, no end user agreements, let alone a single end user saying the CCB material works for any application. etc. A little hypocritical....No? No not hypocritical at all. Do you understand what EPS is based on? Its based on "E" which is earnings. We can say we have a projected earnings of $13.75million Gross at this point. I personally believe our profit will be close to 10million. $10million is 10c EPS. So is 3.5-5 multiple at this point is warranted. So I agree that CCB is not worth $450million but like you "we are allowed to speculate" if you still believe Para 1 So, you say we have no end users? Really? How do you know that? Does ZEN only have one and thats BLD? So are you saying Tesla is not looking at ZEN Graphite? If so thats fine, but I am not ready to say that the Pope is not looking at CCBs graphite at this point. Why? NDAs are NDAs. You can see how none of yours are really working out so far. You have 35+ supposedly and no interest as far as we can see. How do we know? Well ZEN signed with BLD only a few months ago, and there sure is some news coming from that one. So why at this point do you assume any of the 35 others have interest? For the same reason I believe CCB has interest. I know ORNL, Idaho Labs, a company in Japan and a company in Germany have seen and tested our graphite because they are also part of the subcommittee that is picking CCB Graphite as a standard in the Nuke Industry. See any reference to that anywhere? No because they signed an NDA, but in this case the Subcommittee are the testers. So its easy to connect the dots.