RE:RE:RE:A look at zinc stocksKingKyle,
Yeah, there is definitely some hold back here. The price is sliding down to .35 and has not done this in a while. However, I see that more insider buy occuring of late.
Again yesterday, so since March 17 the CZX has purchase it's own stock (50K).
I would like to see some big buys to get complete confidence (250K at least).
Right now it feels more like propping.
https://ceo.ca/czx
Debating averaging down but I am hoping the trend will become our friend and the price will move in a different direction. Also, I think Tongling own less of the company now which is also an issue. Best thing we can hope is a buy out. 3-4 year to production is far far away.
KingKyle wrote: It is no accident that Tinka has 5x higher valuation vs CZX...market cannot be fooled. Do we bridge the gap soon...me believes we need buyout to get sense of "fair value"...CZX is not going to production and only window of opportunity is to sell and let big guys develop the resource..Teck please do it for the small share holders.