RE:RE:Stock at 20 year lowThere hasn't been a base metals bull market in a decade. Everyone's waiting for it. When it comes I think we'll see ZNX moving up signifcantly. And most sophisticated investors I know beleive one is coming soon. Huge upside on ZNX shares.
I'll keep buying at these levels.
Have to keep in mind the Akie Project is in a safe jurisdiction (Canada). More and more the large mining companies are not wanting to own assets in politically unstable countries. The deposit is high grade, is in an infrastructure friendly area. District scale land holdings. Major mining company has an asset next door.
Also on the shares outstanding - I am pretty sure if you took the largest shareholders (Tongling, Beaty, Managment etc) -- they likely own half the current issued an outstanding shares.