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

To: 3bar who wrote (5129)3/20/2016 9:04:46 AM
From: jiggydoRead Replies (1) | Respond to of 12350
 
3bar, the lenders are holding the cards, Zenyatta is not in the drivers seat.
Highly unlikely funding will be from a Canadian source.
AE recently rumored to have visited Japan, any guesses why? Any announcement of funding news ??

3bar, in this market funding is very restricted , you cannot disagree . It has been almost 9 months since release of PEA and no indication of the release of a PFS.
Are you not questioning the reasons why?

The massive amount of dollars to move this Zen production to another level is very, very restricted due to big dollars involved.
Lets face it a 2018 start up date is totally out of reason. Lenders shake their heads when they see statements like that.

However if you wish to follow Glorieux's pumping and GMPInvestor's unfounded enthusiasm, stay the course.



To: 3bar who wrote (5129)3/20/2016 9:15:17 AM
From: Luvin_ItRespond to of 12350
 
3bar, these CCB clowns have been calling for massive dilution on Zen for years, even Stuufbag declared two years ago that Zen was bankrupt but low and behold AE and his brilliant stewardship continue to advance the project width minimal dilution. Based on the CCB PEA it appears as if CCB will require over $40 million in capex which would result in over 100% dilution. Yeah, yeah marble sales to fund capex, we'll see about that.


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