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Bullboard - Stock Discussion Forum NorZinc Ltd NORZF

NorZinc Ltd is a Canadian exploration and development company. It is engaged in the business of exploring and developing natural resource properties. Its key project includes Prairie Creek Project, advanced-staged zinc- lead-silver property, located in the Northwest Territories. It also owns an extensive land package in central Newfoundland.

OTCPK:NORZF - Post Discussion

NorZinc Ltd > ZERO EXCUSE NOW
View:
Post by minedriller on Sep 02, 2021 4:31am

ZERO EXCUSE NOW

The resource is unquestionably remarkable. Results yesterday which signify at least a 30-40 year mine life if not longer with significant high grades on the property. Fully owned mine, even the drill rig is fully owned. Rich in silver zinc lead with a fair sized chunk of copper. All going to be pivotal in the new green economies and what’s the reply? $0.055 that's the reply. A drop in share price. Yep looks like the only thing going to get this perceived crapper moving is news of finance. Anything else anymore piecemeal placements or begging bowls and the market/hedge funds non retails etc will think they're nuts or simply on the make. Again as I said last year there were serious deals done in the mining business in the run up to the spike to $30 silver while these individuals were saying there was no movement and no interest. That lame excuse won't fly again. You’d want to be certifiable not to recognise the value here especially when commodities are in an ongoing super cycle.
Comment by JohnnyBurnette on Sep 02, 2021 10:25am
Not to be non-responsive to your main point, but this is the first I've heard of any copper in the mix from Prarie Creek.  Did I miss something?
Comment by minedriller on Sep 02, 2021 11:07am
My bad. It's trace but it's not unknown to find silver as a by-product of copper. So the more they drill not only will they move value from inferred to indicated but who knows what additional value will be there? And nope I'm not calling for gold but as I said before silver is very much Prairie Creek’s gold anyway.
Comment by bilaroo on Sep 04, 2021 1:06pm
I've been in this stock for a very long time. I know others who have too. going strictly from memory, copper has always been in the mix at less than 0.5 %. When they finally found a couple of smelters half way around the world that was willing and able to take out the mercury content, they also discovered that the copper  content would not be payable. I don't know much about smelting, ...more  
Comment by minedriller on Sep 05, 2021 1:04pm
Thanks bilaroo. Just a thought. Anyways there's more than enough serious value without.
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