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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 Jan 17, 2017 4:10pm
153 Views
Post# 25719207

RE:continue to accumulate

RE:continue to accumulateGood points ilikezn. I agree - if the bull zinc market keeps coming at us (and it is anticipated to be a prolonged chronic supply deficit) things will heat up big time...all it takes is one major to make a bid for the company ($200 million? $250 million?) - could lead to multiple bids. These mining groups are invested b/c of one thing - to potentially own the deposit or own the company. There are very few high quality zinc deposits like Akie any where in the world. Tongling bought out Corriente Resources (Ecuador - copper deposits) for $680 million. I can wait for some of that action. In the meantime let the company continue drilling out the deposit...making it bigger (and even more valuable). ilikezn wrote : I have been continuing accumulate. Almost at 400,000 shares now.... Buying and holding this one - getting positioned before the drilling starts. Akie deposit open along strike and at depth for further exapansion. World class high grade resource only going to get bigger.... Teck? Korea Zinc? Tongling ? Others? All it takes is one to make a move and a competitive bidding war will have begun... Buy and hold.
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