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ZincX Resources Corp V.ZNX

Alternate Symbol(s):  ZNCXF

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

Post by FloridaJackon May 12, 2023 9:36am
387 Views
Post# 35445135

Company Update - Cardiac Creek Is A Target

Company Update - Cardiac Creek Is A TargetPensionplan, it's good to know that you are a great supporter of the project.

Though, I don't know how you personally know how much the CEO has been selling the project to others.

I think that timing is everything and some things sell themselves. Sometimes, it has to be the right thing at the right time and I think that time is now. The project is undervalued and is now a target. 

What do you think is a fair valuation?

Perhaps you had reason to be pessimistic in the past years and through the Covid years.

But times are rapidly changing and I think that, now, it's finally time to be optimistic.

Here's a few comments from industry experts.......

"Canadian advisors to mergers and acquisitions (M&A) expect a shift toward low-carbon technologies and government subsidies for them will spur dealmaking in mining for years to come and some are already gearing up for it."

"We're very bullish on the next couple of years in mining," said Bill Vlaad, a Toronto-based recruiter who specializes in the financial services sector."

"Vlaad said his team is adding a new recruiter shortly with a mining and capital markets background. Clients are hiring mining people within dealmaking teams, and boutique M&A advisory firms are adding talent, mostly in mining, he said."

"Mining deals with any Canadian involvement hit $29.5 billion in the first few weeks of the second quarter of this year, the best quarter since the third quarter of 2007, according to data from Refinitiv."
 
"Mining is one of those sectors where you really want to be prepared for the inevitable market pickup."

Zincx is very compelling as it has everything going for it.

The CEO has stated that he's receiving interest as a target. 

An announcement can be made at any time.

I'm on board for it.
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