Its my belief, that we only have an undervalued stock here because investors are waiting for further confirmation that hard resource commodities have actually bottomed in price and we are simply not just getting a short term bounce, It all hinges on what happens to the USD, plus waiting for the JORC to be released because at this stage we have grade but do not know if we have sufficient thickness of deposits to provide a good JORC hence the need for further drilling.
Personally the thing I really like about this stock is the timing is perfect as commodities are expected to do very well 2017 to 2021 and assuming a good JORC, CZL SP should do very well as it will coincide perfectly with timing.
CZL Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held