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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 GarthCinammonon Dec 31, 2016 2:52am
220 Views
Post# 25656392

RE:RE:RE:RE:All I hear is how great CZX is...............

RE:RE:RE:RE:All I hear is how great CZX is...............In my discussions with PV he made it clear this resource is for sale with a small chance that a JV could be formed.  If you look at the strategic holders of the stock (Teck, Tongling and Korea Zinc) I think it's evident that once the looming Zn supply is further exarcebated this gets taken out.  Teck has the only smelter in the province, Tongling holds 32% of the company and recently visited CZX and Korea Zinc is working optioned properties with Teck as of last fall. The exit strategy IS a buyout story from what I gather.  Just a matter of when and what valuation? I hope that we get some analyst coverage soon (possibly Cormark?) and then the SP starts to get more attention like AZ mining.
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