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ZincX Resources Corp V.ZNX

Alternate Symbol(s):  ZNCXF

ZincX Resources Corp. is a Canada-based exploration and development company. It is engaged in acquisition, exploration, and evaluation of resource properties in Canada. Its projects include Akie and Kechika Regional projects. Its flagship Akie Project is host to the Cardiac Creek deposit. It holds a 100% interest in the Akie Property, which is located approximately 260 kilometers north-northwest of the town of Mackenzie in northeastern British Columbia (BC). The Akie zinc-lead-silver property is situated within the Kechika Trough, the southernmost extension of the regionally extensive Paleozoic Selwyn Basin. The Kechika Regional Project consists of 11 properties, including the Mt. Alcock, Bear & Spa, Pie, Yuen, and Cirque East properties that extend northwest from the Akie property for approximately 140 kilometers along the strike of the prospective Gunsteel Formation shale. The project is located in northeastern BC within the geological district known as the Kechika Trough.


TSXV:ZNX - Post by User

Post by Pensionplan20on May 11, 2023 1:13pm
205 Views
Post# 35443555

Company Update - Cardiac Creek Is A Target

Company Update - Cardiac Creek Is A Target

Floridajack, so we agree on this Company Update being a nothingburger.

On the 'interest' part I have to disagree with you. 
Remember, as a wise guy(?) once stated', "the market is always right".
And 'interest' in the company would, in my opinion, mean an increasing stock price, and not a decreasing or, at best, a flatliner.

Could it be, the Company needs to do a raise soon to continue their program (hence the shady 'we continue to evaluate our plans, which are in initial stages') and they need a higher stock price to prevent to much dilution.

Dont't get me wrong, I am a great supporter of the project, I think zinc (which, after molubdenium, will be mined-out the soonest) has a great future being on the critical minerals list and usage in an increasing green economy.

I also think management is far to invisible. They need to pound the table to sell the project, it doesn't sell itself. And, they run a public company, but often times 'forget' that, except when in need of funding.

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