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Bullboard - Stock Discussion Forum Zacatecas Silver Corp V.ZAC

Alternate Symbol(s):  ZCTSF

Zacatecas Silver Corp. is a Canada-based company, which is engaged in the acquisition, and exploration and development of mineral properties in Mexico. The Company has two key projects: The Esperanza Gold Project in Morelos State, Mexico and the Zacatecas Silver Project in Zacatecas State, Mexico. The Esperanza project is an advanced stage project located in Morelos state, Mexico. The Zacatecas... see more

TSXV:ZAC - Post Discussion

Zacatecas Silver Corp > 368% near term upside potential! CHART!!
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Post by Oldschool2022 on Sep 27, 2024 9:02am

368% near term upside potential! CHART!!

We have 368% upside to just hit the year highs of .295 from .08 per share today. Considering that Silver was $26 an ounce then and now at $32 per ounce and climbing this looks very undervalued. Hold tight because this story is just starting.
 
The Company announced an initial mineral resource estimate at the Panuco Deposit, which was prepared by P&E Mining Consultants Inc. ("P&E"). The Panuco Deposit mineral resource estimate consist of 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq (15 million ounces silver and 15 thousand ounces gold).
 
.40 per share book value trading for .08. $47 million in assets. Perfect timing here just coming off the bottom up the chart.
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