RE:So...Echelon Wealth Partners (Toronto) put out a "Watch List" recently. I don't have a copy but a friend of mine highlighted this:
"CZX currently trades at an EV/lb Zn-eqv. (M&I Resources) of 1.2¢/lb, compared with select peers averaging 2.7¢/lb. Based on total resources (M,I&I) CZX trades at 0.9¢/lb, compared with 2.7¢/lb"
This clearly suggests CZX is currently undervalued but - in reality -- the market should be giving the co an additional premium for :
1. Akie deposit is open for expansion - ie. growth potential;
2. The district scale regional prospective land package - has the upside of additional zinc deposit discoveries; and
3. The strategic mining groups (Tongling, Teck, Korea Zinc) that CZX has already attracted as shareholders.