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


To: alllies who wrote (4623)2/27/2016 4:39:39 PM
From: GrumpyGusRead Replies (1) | Respond to of 12350
 
Tell you what. Suppose they release the figures, and while it is enough, it is nothing eye-opening. They only need to show 7500-10,000 tons to justify a 5 year mine life, and to add to it as they go. But that initial figure by itself will be seen as a very small number. By putting it in with the PEA, thereby showing the economics of the situation, it removes the impression of there being not enough, and justifies the "rolling resource" notion of finding more as they go.

You say you are not worried about ZEN because they have the resource, cost and viability. But they don't have any of that if they have to redo the PEA (the resource was cut in half for the last PEA. You don't know how it will compute for a new one). So I am waiting to see what CCB has got, not with blinders on, but with an understanding of what they're trying to do. You have been waiting far longer for ZEN to gain traction. I don't see why my expectations are to be ridiculed, while yours are perfectly justified.