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Canada Zinc Metals Corp. V.CZX

"Canada Zinc Metals Corp is a Canada based company that operates only in one business segment, that being the Exploration and Evaluation of resource properties. The organization extracts majorly zinc, lead, and silver, out of which zinc provides more revenue to the company."


TSXV:CZX - Post by User

Comment by ndiamondon Jul 13, 2016 3:21am
121 Views
Post# 25047213

RE:RE:RE:RE:RE:Holders

RE:RE:RE:RE:RE:HoldersThe key thing for me is the involvement and shareholdings of strategic shareholders in a company. I don't know of any other junior company that has 3 large mining groups as investors -- like CZX does.

Tongling Nonferrous Metals owns about 33 million shares.   Another group Jintuo owns about 7 million shares =  40 million shares.      Tongling bought out a copper company 4 or 5 years ago for $650 million for undeveloped copper deposits in Ecuador.     So they are not shy in making a bid for big $$$  for high quality undeveloped deposits (like CZX's huge Akie deposit).

Teck and Korea Zinc are also shareholders but more importantly -- they have optioned 3 of CZX's earlier stage prospective claims in the belt.   The option requires Teck and Korea Zinc to spend up to $8.5 million on exploration of the properties.

Shares are still trading very cheap right now...and I've been adding...
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