OTCPK:CRZNF - Post by User
Post by
bluemoon63on Sep 06, 2013 10:54am
443 Views
Post# 21722695
Think about this
Think about thisWould the PP buyers put up $4 million, mostly one entity, at 62 cents to make 3 cents, and be locked in for 4-6 mos.? I think not. Brokerage firms are con men; never believe what they say. They only tell the truth when their lips are not moving. They want you to sell when they see a good deal, and when they want to sell put out a strong buy and raise price targets. Greg MacCoach is sticking with is around $3 target; conservative. ( per an email from him, he request I not copy )
Notice the bid today; below, someone buyer wants 50,000 shares! To say this company is fully valued at $110 million is rubbish, the infrastruction is worth that. 6 billion in reserves and resources and growing, even discounted 20% this put a value of $480 million here put a minimum share price of $2.35. That 15 year permitting process is worth well over $100 million in itself. A medium size miner will pick us uo.
Heck the stock was $2.00 when they only were 10% of where they were now.
Detailed Quote for Canadian Zinc Corporation (CZN:CA) |
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$ 0.68RT |
0.03 (+4.62%) |
Volume: 45.95k |
10:49 AM EDT Sep 6, 2013 |
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