Canada Zinc Metals Corp. V.CZX

Metals & Mining Industrial Metals & Minerals

"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

Canada Zinc Metals Corp. > NR - AKIE EXPLORATION UPDATE

<< Previous

Bullboard Posts

Next >>

Comment by ARIMA11on Aug 29, 2017 11:19am

96 Views

Post# 26632392

RE:RE:RE:RE:RE:RE:RE:RE:RE:NR - AKIE EXPLORATION UPDATE

Meanwhile .26 cents is the current reality!
Looking forward to these sample results.

ndiamond wrote: $1.50 is completely reasonable and achievable on a buyout. If not even higher...

ilikezn wrote :

I don't see that as a pump by ndiamond. It is actually a conservative number on a buyout. At the moment the deposit at Akie has almost 5 billion pounds of zinc and almost a billion pounds of lead. At today's metal prices that is about US$ 8 billion (Cndn $ 10 billion) in the ground value.

A buyout at $1.50 would mean $250 million purchase price. Getting paid 2.5 cents per pound of zinc in the ground. IMO, that's totally reasonable/acheivable for a deposit worth Cndn$10 billion. It's actually pretty cheap. So $1.50 per share could be on the low side....