RE:RE:RE:RE:RE:RE:From Company websitendiamond wrote: I have absolutely no interest in taking a loss on my position. I am actually quite comfortable having brought my average cost down to about 16 cents.
If you look at the offers right now -- not much really offered other than a block at 20 cents.
In a strong base metals marekt -- ZNX will be one of the stocks that should rally faster than others.
When the PEA was put out last year -- the market cap went up to about $120 million (to about 75 cents a share).
Buy and hold is my recommendation.
Zinc (and other base metals) may not be in favour right now - but ZNX is the top tier zinc play -- so I am okay being loaded up on it. Just need better markets. Or, before then, perhaps a big mining group will step in and try a low ball takeover offer (?)
ND, don't tell ppl here that you continue to average down...again. They may really follow you and take more losses. Don't share the pain. You have deep pockets..GL.