Share Name Share Symbol Market Type Share ISIN Share Description
Curzon Energy Plc LSE:CZN London Ordinary Share GB00BD97ND60 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 3.85% 1.35 1.30 1.40 1.35 1.30 1.30 2,429,573 08:07:44
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -3.6 -4.0 - 1

Curzon Energy Share Discussion Threads

Showing 1 to 7 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
inauspicious start.
City broker sees a lot of upside to London market newbie Curzon Energy SP Angel a valuation of 37p for the share, substantially higher than the placing price of 10p SP Angel’s net asset valuation of US$32.5mln or 37p per share, whereas an un-risked version of the valuation sees the stock worth US$61mln or 70p. hTTp://
20% down already since IPO last week.
CZN's price back down to C$0.20. Time for another look? With New Damoti Lake Project (Gold) Canadian Zinc has therefore taken the opportunity to diversify into gold with a 50 per cent interest in the high grade Damoti Lake project earned from Doublestar Resources by spending C$2.4 million on exploration over four years. The property is around 175 kms north of Yellowknife and 500 kms east of Prairie Creek and has had the advantage of C$14 million spent on it in the 90s when it attracted a lot of attention. Previous operators at Damoti Lake encountered a number of plus one-ounce intercepts over significant widths. The most recent drill programme, which was carried out by Quest Exploration (now Standard Mining, part of Doublestar) in 1997, confirmed the earlier grades and 70 per cent of the sixty nine holes drilled contained significant mineralisation. The highest grade reported was 1.9 ozs/tonne ( 60 g/t) which is enough to excite the most cynical of explorers. Gold occurs at Damoti Lake in a banded iron formation and tends to be concentrated in locations of synclinal folding. The iron formation persists along 11 kms, much of which is untested. A limited amount of underground decline exploration was carried out on the site, which led to a surface stockpile of 4,000 tons grading over 0.45 ounces per ton and previous operators established a significant high-grade resource on the project. Canadian Zinc will examine these results with the intention of confirming and expanding the resource at Damoti Lake through aggressive exploration and further diamond drilling The company is wasting no time in getting moving on this project. Field crews are due to be mobilised next week to commence surface exploration and preparation for a drilling programme in August. John MacPherson appears to be confident that the results from this will attract a lot of attention to Canadian Zinc, in fact he seems a bit embarrassed that the grades may prove to be a bit over the top. But it is certainly good news that Canadian Zinc is no longer a one-project company and still has Prairie Creek up its sleeve for when base metal prices improve. -------------- Links: CZN Website : Stockhouse Bulletinboard:
Roland, It was not that we were not interested, it was that a few of us decided not to invest because the ore has very high amounts of mercury in it, as such no smelter in North America will touch it IMHO, and the only possible option looks like toll treatment via Korean smelters, but in the case the miner would have to accept whatever recoveries of contained metal the smelter was prepared to give, and what ever smelting charges. The permitting issues also fill me with trepidation, there is a reason this deposit has been left untouched since 1970s IMHO. I also do not think that CZN will be competitive enough at US$33.50 Lb to US$34.50 Lb costs anyway to compete with lower cost oxide producers. Sorry, I do not think it will fly. Best regards Ashley
mr ashley james
deleted due to lack of interest!!!
Chat Pages: 10  9  8  7  6  5  4  3  2  1
ADVFN Advertorial
Your Recent History
Curzon Ene..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200607 10:52:12