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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

Post by ARIMA11on Apr 11, 2017 10:30am
149 Views
Post# 26106259

Scotia and TD

Scotia and TDAs I refered to on my previous post.

Both Scotia and TD seems to be bullish

TD - Original forecast (Jan 30th)
https://www.gbm.scotiabank.com/English/bns_econ/bnscomod.pdf

TD - Revised forecast ( 5 days ago)
https://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf

The forecast for 2017  is 1.35 and 2018  1.55, it remains unchanged.
It will be interesting to see if they issue a revision on the revisions.

TD had similar price forecast on (January 17th).
https://www.tdsresearch.com/currency-rates/viewEmailFile.action?eKey=NMEULAO7Z6A229ZAJE5HKEYR6

Also if you look at TD (Page 4 of 5) they are also forecasting a big rise in Zinc Prices (Feb 22nd)
https://www.td.com/document/PDF/economics/commodity/commodity_feb2017.pdf

Anyways, I think it explain why they have been net buyers since March 22nd.
Let's see what happens today and going forth after this morning news.


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