Some of the stuff that gets posted on here makes me laugh!
$140 turnover inside 18 months? So you’re suggesting they’ll mine 2,000 tons per day? More perhaps? Let’s say they exercise the option with the Mexicans (if it actually exists; do you have any research on that little issue?) sometime in December (because they’ll spend the next 6 months trying to pump up the price to avoid the hideous dilution that is coming). That gives them 12 months to go to 2,000+ tons per day. So where are they going to process that? Last time I checked their own plant is maybe 200tpd? Let alone the mining logistics and capital required t go from zero to 2,000+. Utter nonsense.
The chairman has “runs on the board”!!!!??? Really? Could you tell us where we can see his successful track record in mining? I sure as hell can’t find it?
CZL Price at posting:
0.9¢ Sentiment: Sell Disclosure: Not Held