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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

Comment by ilikeznon Sep 15, 2017 2:13am
147 Views
Post# 26699445

RE:RE:RE:CZX results first 2 holes

RE:RE:RE:CZX results first 2 holesTongling Nonferrous Metals -- State owned enterprise and largest shareholder of CZX - paid $680 million for Corriente (undeveloped copper deposits in Ecuador).  

So they have the capability to potentially write a big cheque to buy CZX.   Even $250 million purchase price means $1.50 per share for CZX.

Buy the companies (like CZX) that are clearly undervalued -- where there remains tremendous upside in valuation.

No interest in AZ.
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