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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. > Korea Zinc
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Comment by ndiamondon Oct 02, 2017 1:10am
88 Views
Post# 26765164

RE:RE:RE:RE:RE:RE:RE:RE:RE:Korea Zinc

RE:RE:RE:RE:RE:RE:RE:RE:RE:Korea ZincTongling Nonferrous Metals (CZX's largest shareholder) actually paid about $680 million (not $300 million) for Corriente.    That was for undeveloped copper deposits in a lousy juridiction (Ecuador).

So they aren't afraid to write a big cheque for undeveloped base metal deposits.    Being located in British Columbia (top tier / fair / safe jurisdiction) should command a premium.

I won't sell for less than $1.50 per share !      Almost $10 billion of metal in the ground.

Everyone can have their thoughts on "what it's worth" - but without a doubt currently significantly undervalued and pretty darned good buy at current levels.

Buy and hold 

Good luck to all !
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