RE:RE:RE:RE:RE:RE:The good, the badI like your theory but i need to know more of your thinking. Right now, I have Tongling who owns 29% of the share and the company (CZX) been buying back in the last few months.. Is your thinking that they have triggered a sales and are aquiring cheap share to take over?
I have nothing recent on institutional holders but the last time I looked it was marginal (<1 %)
Anyways, I went to Sedar and there is the AGM coming up (no email from CZX yet).
Posted June 22nd
Form of Proxy - Annual General Meeting to be held on Thursday, July 20, 2017
Post May 18th
Condensed Consolidated Interim Financial Statements
At March 31, 2017, the Company has a positive working capital position of $7,404,203
Showing a loss of 2.1M for the period (9 months up to March 30 but las year was 2.5.
Have a look for your self but it looks rather good for a mining company.
-Trying to figure this one gives me a headache.
For my own reference: What is a 'Reverse Takeover - RTO'
A reverse takeover (RTO) is a type of merger that private companies use become publicly traded without resorting to an initial public offering (IPO). Initially, the private company buys enough shares to control a publicly traded company. The private company's shareholder then uses its shares in the private company to exchange for shares in the public company. At this point, the private company has effectively become a publicly traded company. An RTO is also known as a reverse merger or a reverse.
KingKyle wrote: At least a double from this level on the cheap unless we have a bid or zinc price spike as widely anticipated....reverse takeover from one of holding companies could be scenario. Hold on or buy some if you have some powder.