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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 Jun 13, 2017 12:21pm
106 Views
Post# 26356941

Interesting

InterestingDissapointed to see that we are trading close or at S1 @ .26 cents despite the announcement.

However, there is always a reason: the supply in zinc is still on the decline but so is the price.
https://www.kitcometals.com/charts/zinc_historical.html

The macro-economics (metal bull) are definitely driving the price with China being a factor.
https://agmetalminer.com/2017/05/17/zinc-does-deficit-mean-higher-prices-in-2017/

I'm curious to see how much the stock price will appreciate during the campaign.
Just a reminder that the book value here is  about .50
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