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 > more insider buying

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Comment by ndiamondon Dec 18, 2021 6:29pm

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Post# 34244028

RE:RE:more insider buying

It could mean a buyout is in the discussion phase. Perhpas not next week...

But overall I see insider buying as a strong sign the a company is undervalued. And without a doubt ZNX is very undervalued at these levels. 5 billion pounds of zinc, 1 billion pounds of lead, strategic shareholder in place (Tongling), Teck and Korea Zinc also on the share register. I have heard a few other large mining groups are showing interest (Sumitomo).

Some of this year's drill core is being send to Tongling's labs in China. That is a strong suggestion that a development type scenario for Akie may be in the works.

Buy and Hold. Stock is extremely cheap.

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