RE:RE:RE:ZNX - Ahead of the HerdThe reality is ZNX is a very high quality zinc-lead-silver play. Large scale / massive deposit (30 milion tonnes), high grade (8.5% Zn + 1.5% Pb), safe jurisdiction (BC, Canada), and has huge exploration potential. Majors want all of those things. And Tongling Non-Ferrous Metals is continuing to invest in ZNX...(paid $680 million for Corriente Resources).
Buying ZNX now is buying at bargain prices - market cap is only $30 million. Peer group all trading in the $50 to $100 million market cap range (see FOM, SLR, OM, FWZ, TK etc).
The valuation gap will close. I can see the share price of ZNX moving significantly higher this year.
The Varshneys are more "builders" -- other deals I've made some very good $$ on include : ETMC, MPVD (I got out at $7.00 after the mine was built), MOGO, TBLL. They are one of the founders of NEXE.