OTCPK:NNDIF - Post by User
Comment by
ZincDink1on Apr 20, 2019 2:20pm
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Post# 29651181
RE:Q1 19 Report
RE:Q1 19 ReportIts very tempting right now to sell, since I am profitable again, there is a gravestone doji a few days ago and historically this drops on ER (say try buying back in at 2.5)
I temper this feeling with that hedge funds now own 20 % of priority shares. Even more perplexing was inviting Ken Klassen to sit on the board. He holds no qualification in metals but is the apparent expert in M&A. Another blurb on Mr. Klassen.
https://amlawdaily.typepad.com/amlawdaily/2012/03/dealmaker-bennett-klassen.html
https://www.lexpert.ca/article/glencore-acquires-caracal-energy/
Even more interesting is how Ms Xiao fits in to everything. I would have thought most of the zinc from CEZ is used locally, but she has strong ties to China so they must think that raw and finished can trade across the oceans can increase.
Based on my past trading, whatever I decide to do, it wil be wrong.
We know the replacement for a refiner this size is 1 B Can$, CEZ should easily be worth 500 M Can$ and GC is unlikely to pay anything close to what its worth. I
If GC is going to buy it, now is the best time.