NorZinc Ltd NORZF

Have no doubt RCF made a serious boo boo here

[minedriller]

So whatever happened to the promised debt finacing? Equity financing? Silverstream? Zinc now at $1.37, lead at .85 cents and silver at $21.04 all permits in, so what market conditions are they lying about in their pr? And they ARE LYING to you're face. We were led down the garden path to the mincer. I got three emails to law firms sent so far. All detailing exactly where NorZinc stated all the time in the spirit and practical nature of their advertising and marketing what they intended to do about financing and why permits were being sought in the first instance. There was never at anytime a notice that a hedge fund would specifically buy out existing retail shareholders and never was there a statement that the said hedge fund would go against their time hounoured tradition of never managing and running a producing entity (never mind a mine!) themselves (watch out bands you're next!). This screams fraud. As far as I'm aware this is take over is unique for RCF as they know as much about mining as Trudeau does about running a country. In cahoots with management and all done behind closed doors and contravening and side stepping regulatory authorities in Canada. Disclaimer or none, it has become apparent that all of this was now obviously designed to get RCF through the permitting process to a point where they could swoop in to mop up at low prices all the bailing out by retails through the years.

[JohnnyBurnette]

I believe the serious error here is that operating loan FROM RCF (the one NorZinc was 6 million in the hole for) should have gone to minority shareholders for a conformation vote -- for reasons which should now be clear to everyone. The single most gauling phrase in the offering is that this path is ""in cash and removes short and long term risks"  as if there is ANYONE

[minedriller]

You see that's the thing we were kicked out under false pretences at the perfect opportune time for RCF when the last of the permits was gained. Even in norzincs last pr they are actively trying to convince individuals that it is due to market conditons and in the best interests of "the company." It's just off the wall stuff. They're chancing their arm even now and not

[bilaroo]

Totally agree JB. Whar crossed my mind is the fact that we retails have kept this thing going for the last 22+ Years to the tune of $150,000,000. And just when it looked like we might have a faint hope of being compensated they pull the rug out from under us. If the board of new managers are this cut throat, and RCF gets total control, then the indigenous bands   Don't stand a chance

[sammy1023]

I just don't understand these comments.  You retailers kept this thing going?  The ONLY reason this company didn't go bankrupt years and years ago is that RFC stepped in over and over and over again to give them money in exchange for shares, which are worthless until a mine gets going.  So now after 350 million shares or so of dilution, you're all pissed that the company