Company Update - Cardiac Creek Is A TargetI agrre with you , Pensionplan. It is a "nothing" update.
But that's the point, isn't it?
They are not going to issue a news release to announce that they are a target.
Instead, it was stated inside a company update that didn't update at all - "planning to plan" ........except, the take away "target" and undervaled." Read between the lines.
I would rather the company focus on a sale/merger than an update on "future planning.".
The CEO is also a lawyer and knows not to put out false or misleading statements........ so, they ARE a target and that is good news.
Korea Zinc and Teck, who owns a relatively close zinc smelter, are already partners with Zincx. Teck announced their zinc Cirque initiative and are just 15 minutes away from Zincx's Cirque interest. .
As stated, the share value is currently very undervalued.
As for the selling in blocks, notice too that someone is alsio BUYING in blocks.
Further, on Level 2, there are quite a number of bids but relatively few asks, so the share price will skyrocket quickly on an major announcement.
It's a matter of time and it seems, according to the target news, that that time is now geting close.