RE:RE:RE:RE:RE:RE:RE:NR - AKIE EXPLORATION UPDATEKingKyle is right. Again today, shareholder email newsletter. Results to date +0.01 - Wow!
Management has to unlock the value for shareholder, zinc price is nice but not enough.
Buy back cheap share; also good but not enough.
Time for assay results, deals, and real updates.
Akie - Cardiac Kreek
Right now, they are on target for an 8 hole delivery on a huge property from an inital target of 42. And let's all pray that these assay results are good!!!!
Pie
Unfortunately, they keep talking about the same story with Teck, and Korea Zinc which by the way was signed in 2013 (5 years ago). The last drill by Teck was last winter and delivered one hole! And the results? Are they still active? What is really going on? What about Korea Zinc?
https://canadazincmetals.com/news/2017/index.php?content_id=251
They also have been talking a good game about additional deals and spin offs and not delivering. It's getting harder and harder to take them seriously by the day. Sad.
Pie Option Agreement The Pie, Yuen and Cirque East properties are the subject of an option agreement concluded on September 9, 2013 with Teck and its JV partner, Korea Zinc Co., Ltd. ("Korea Zinc" KRX:KorZinc 010130). The option agreement would see Teck and Korea Zinc spend up to $8.5 million to acquire up to 70% interest in the Pie, Yuen and Cirque East properties.
Teck has spent in excess of $1.3 million in exploration expenditures over two field seasons on the Pie Option Properties using an integrated approach to exploration to decrease risk and maximize the potential for discovery. In accordance with the Option Agreement Teck must spend an additional $2.2 million by the end of 2017 to exercise the “First Option” and earn Teck/Korea Zinc an undivided 51% interest in the Pie Option Properties. Upon exercising the First Option Teck would have an additional option (the "Second Option") to acquire a further 19% interest in the properties for a total of 70%, by incurring an additional $5.0 million in exploration expenditures on or before December 31, 2019.
KingKyle wrote: $1.50 was a good pump, look we are green +0.01...can't benchmark vs AZ/TV as both valued well because mgt executed. Hard to look at the resource on the ground when it is not being valued appropriately....do you blame the market for not buying?...don't get me wrong but $1.50 is not the price of kool-aid.