NorZinc Ltd NORZF

RE:RE:RE:RE:RE:RE:RE:Iceberg Melting

[minedriller]

No no you got me all wrong and I see the crux of your issue. You see a quick flip and hence take exception to any negative news which you see as denigrating the stock and your decision making process. I get that so relax. Just try to accept others observations as having merit, that’s all. Ok I understand, but you also have to see the longer game when trying to understand the longs here (certainly me anyway). I bought into NZC as more of an investment than a quick flip (or trade) initially when it was at .60c or so.I knew it was for the long haul and I also knew there would be bumps in the road. Everything was relatively fine (apart from their Fijian $5 mil loss in 2011) at that period when I bought in and did as much relevant DD as possible having experience of being burned before. Ok so what intrinsically changed for CZN/NZC from that time onwards? Well I think we can go back to 2013 for the beginnings of what we are experiencing now. Essentially the a$$ fell out of the stock directly before (during and after) Kearney gave one of his standardised interviews (out of a period of virtually no comms from the company) at the time of the type A water licence. He was unprepared and didn’t react appropriately, not even alluding to the fact that the stock was in freefall. The stock reversed dramatically and aggressively at the very time it should have rationally established a base for further increase – of course there was no comms from CZN and no reassurance to a market which irrationally turned on the company for no "real and purposeful" apparent reason. Lots of selling the news clearly and noticeably - and CZN began a long slow decline after that. Fine, happens, but the fundamentals were still there and the only "real" issue was the increasing share base. I still stuck with it, as I basically (again) saw this as an investment and not a quick flip, there was no emotionality. My motivation knew (and still knows) there is significant value there and there is also constant striving from the company to realise that value, and from an investment perspective that is pivotal for a likely positive outcome. The problem though which has additionally accelerated from 2013 onwards (and increased drastically since the new managerial change) seems to be not only the Liberal governments input (which has achieved a positive outcome) but also the constant drip drip of what effectively is the logistical equivalent of managerial Tourettes syndrome. It's almost as if they are reacting irrationally to the over regulation by irrational means, non communication, miscommunication, and the legacy of highly questionable asset acquisitions and misdirection at a time when financing is the only concern they should have. EOM