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

To: BIGONION who wrote (4357)	2/17/2016 9:15:12 AM
From: GrumpyGus	Read Replies (1) \| Respond to of 12350

It will INCLUDE marble, BO, and for that we are appreciative, as it is a good source of revenue on what would normally be waste product. ZEN would take all it could get if someone offered to buy the granite waste from their pit, wouldn't they? As for the hypocrisy point, that is valid, but only to an extent. RPA definitely painted a picture where ZEN could go forward, but they also listed several factors that should first be addressed. These factors were pointed out by the "bashers", and as far as we know, none of them have been remedied. Off the top of my head, a couple of these were the need to allot $1.6 million to square away their flow sheet, establish the homogeneity of the deposit, across both pipes, and of course start the permitting process. And the PFS is still not announced, and it would appear the cash needed for that is still to be procured. So, yes, I would say the opportunity will exist to tear down the CCB PEA, but you will have to find the flaws in the presentation to attempt to do so validly. Will it not be equally questionable, or more so, perhaps, on your part to argue the PEA's findings if there are no major issues, or "things to do", based on Tetra Tech's numbers? We will see how it plays out.