ZincX Resources Corp V.ZNX

CEO Buying A Lot - A Very Good Sign

[Hammondge]

Does the CEO know that something is imminent?

If he thought the share price wouldn't rise until next year, he woudn't tie up his money now and wait to buy sometime next year.

Instead, he has been buying a ton recently including at 12 cents a share.

Compared market cap with similiar deposit Fireweed at $1.16 a share, Zincx is extremely undervalued.

Plus Zincx has many better attributes going for it including location, hydro electric power, year round road and rail access, Teck owns a zinc smelter, Teck currently a partner of Zincx, Teck is gaining $9 Billion cash from sale of coal, Teck developing their zinc deposit 15 minutes from Zincx and Teck is currently housing their people at Zincx.

Look at the quotes, there are very few sellers of Zincx shares.

This will pop way up all of a sudden.

[ilikezn]

More insider buying...! Jun 24, 2024 (filed on Jun 24, 2024) Insider Name: Varshney, Peeyush Ownership Type: Direct Ownership Securities: Common Shares Nature of Transaction: 10 - Acquisition or disposition in the public market # or value acquired

[Pensionplan20]

The Varshneys are apparently the only one's buying. The stock price isn't exactly evolving like something is at hand. So nothing is hapening, or the Varshneys are very good at keeping their ears open and their mouth shut. Not exactly what you should expect from a PUBLIC traded company, where shareholders are entitled to be informed. Will they sell at C$ 0,10 or at C$ 0,12 ??

[ndiamond]

I like to see all the insider buying.   I think it says alot.   Fireweed Metals has a market cap of $200 million.   ZNX - which I think has a much better zinc project at Akie (infrastructure, grade etc) - has a market cap of $20 million.      Huge upside on ZNX share price.       I doubt the Varshneys are going to sell there shares at 12 cents

[Greatvac1]

One shovel or two?

[ilikezn]

Agreed -  without a doubt -  the more buying by insiders the better.  Really good to see.