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Bullboard - Stock Discussion Forum Canada Zinc Metals Corp. V.CZX

"Canada Zinc Metals Corp is a Canada based company that operates only in one business segment, that being the Exploration and Evaluation of resource properties. The organization extracts majorly zinc, lead, and silver, out of which zinc provides more revenue to the company."

TSXV:CZX - Post Discussion

Canada Zinc Metals Corp. > Since the "puff" piece in late November..............
View:
Post by kaos12 on Feb 06, 2017 11:44am

Since the "puff" piece in late November..............

management here has proven that they couldn't organize an orgy in a cat house!  Zinc is in a deficit and this company is all about zinc, and our SP just keeps going down?  What the h*ll are they doing?!  They spent a few grand and shares on a writer to get a pop.  Did management sell into this and leave us bag holders out in the cold?  Something is horribly wrong here!  Other zinc companies are rising or at least holding their own as they progress their projects, and these clowns can't do anything!
Comment by yellowbob on Feb 06, 2017 12:01pm
Ditto. Not happy at all with the relative underperformance.  If they have what it appears they have, the SP should be moving up, albeit volatile.  I would sell and move on, but this is the type of stock that could sit there dead and then really jump if there's a catalyst, finally, so I'll give it 'some' time. I do regret upping this to a 10% position of my miners/resource ...more  
Comment by Lasttime on Feb 06, 2017 1:20pm
Ditto....I have owned this stock since Mantle, I am getting a strange 'vibe', that something is wrong here...horribly wrong. 
Comment by yellowbob on Feb 06, 2017 2:44pm
I don't suspect that anything is wrong here, but the questions creep in when it doesn't move with the sector..  It might be as someone posted, that it's dead money until one of the big holders makes a move.   They've taken their position so as to tie up the resource for themselves, but maybe they're content to let it sit until they need it.  I'd bet they ...more  
Comment by KingKyle on Feb 06, 2017 8:50pm
We need an activist investor to pressure management as they are not fully invested to sell this company which is only path to get full value. Those 3 major owners are not going to be moved unless management do something to get other parties interested....What is their game plan really? Only thing holding me here is my low buy price otherwiise have trimmed to U stocks...Who wants to buy my stocks ...more  
Comment by yellowbob on Feb 06, 2017 2:56pm
Hey Lasttime, I just came across what you mean by being in this since "Mantle".  That was the name prior to 2008 when it became Canada Zinc Metals.  These guys have been around since 1988?   And still no production or royalties?
Comment by Lasttime on Feb 06, 2017 3:30pm
lol...my how time flies... "Given the very encouraging and significant assay results of the first completed drill hole, as announced on November 23, 2005, and given that the weather to date has been co-operating with the exploration team, we felt we should expand the drilling program and make a strong effort to complete an additional hole prior to the end of the year," said Peeyush ...more  
Comment by ARIMA11 on Feb 06, 2017 4:05pm
Wow. That's perspective. I can understand the frustation certainly. I'm hoping something happens soon. I too, I'm started to be concerned. Substantive news are definitely needed. As an FYI, before investing in Zinc the choice was IZN and CZX for me and I choose CZX.   IZN CZX Stock Price 0.2 0.4 ...more  
Comment by Lasttime on Feb 06, 2017 5:02pm
I hate how CZX closed today....that was a 'print' in my humble opinion! I can recall back around 2008 when the price was approx .75 that it was rumoured that it should be 5 fold that price...okay :(
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