RE:RE:RE:RE:RE:RE:Any idea why HBM sold this propertyArizona Mining (AZ) has 100 million tons at approx 10.5% ZnEq, in the measured and indicated so more advanced than FWZ but market cap reflects that - $1.2 Billion at today's price.
FWZ, at this very early stage, has about 50 million tons, in inferred and indicated, grading around 10% ZnEq. Market cap is about $42 million.
So AZ has a market cap 28 times the size of FWZ with a resource that is about double, albeit in more advanced categories. I'd say $1.45 is a pretty good entry point.