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ZincX Resources Corp V.ZNX

Alternate Symbol(s):  ZNCXF

Metals & Mining Industrial Metals & Minerals
ZincX Resources Corp. is a Canada-based exploration and development company. It is engaged in acquisition, exploration, and evaluation of resource properties in Canada. Its projects include Akie and Kechika Regional projects. Its flagship Akie Project is host to the Cardiac Creek deposit. It holds a 100% interest in the Akie Property, which is located approximately 260 kilometers north-northwest of the town of Mackenzie in northeastern British Columbia (BC). The Akie zinc-lead-silver property is situated within the Kechika Trough, the southernmost extension of the regionally extensive Paleozoic Selwyn Basin. The Kechika Regional Project consists of 11 properties, including the Mt. Alcock, Bear & Spa, Pie, Yuen, and Cirque East properties that extend northwest from the Akie property for approximately 140 kilometers along the strike of the highly prospective Gunsteel Formation shale. The project is located in northeastern BC within the geological district known as the Kechika Trough.


TSXV:ZNX - Post by User

ZincX Resources Corp > Confidence
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Comment by ndiamondon Jun 09, 2020 12:37am
232 Views
Post# 31127326

RE:RE:Confidence

RE:RE:ConfidencePensionplan20  -   Tongling just put $ in at 30 cents per share...that says a ton...

ZNX is worth $150 million to $200 million on a buyout.

$7 billion US in situ value of the metal in the ground in just the Akie deposit (not including any value for the massive district scale claim holdings - potential for new additional deposit discoveries).

If Tongling is willing to pay a 400% premium to market now - have to wonder how much they'd pay for the project in a potential takeover situation...likely even way higher.

Further evidence of how high the quality of the Akie project is.     Of interest to Majors?  The question has been answered again.

Trading so cheap right now.
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