RE: NEWS!!!!!!!!!!This should be a no brainer by just comparing the other companies in the Labrador Trough region:
ZNR ...m/c is merely $4.8Mil
NML.. $297.8 Mil
ADI .... $141.6 Mil
CEV... $21.8 Mil ( just started )
Might be interesting to take note of who are the adivisors and chief geologist of ZNR. Didd anything peaked their interest and what is the possiblities of even a m/c of CEV. I guess a number of things we may have to take into consideration....# of acres of land to start with...
The possiblities of any future buyout is definitely looking good. But first we're cautiously optimistic about those drill results in the coming weeks. Hoping ZNR starts out on a good leg like CEV.
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aZNR-1876256&symbol=ZNR®ion=C
The properties are northwest of Adriana Resources' Lac Otelnuk project (wherein Wuhan Iron and Steel Corp. has paid $120-million for a 60-per-cent interest), and New Millennium's Kemag and Labmag projects (which have an option agreement with Tata Steel for a $4.9-billion development which includes the construction of a 750-kilometre slurry pipeline).