If you are still adept of efficient market thesis, stay away from the market and invest in 30 year Treasury with yield below 4%. You will be most definitely "safely" losing your money on inflation there. Small problem is now you can not be sure whether treasuries will be around in 10 years time.
Canada Zinc Metals CZX.v has fallen down to 0.4CAD just after completing financing at 0.9CAD. Zinc is at 0.65USD now and indicating a complete depression for another 10 years. Who is right: Mr Market in its hangover mood or those who are buying now - only time will tell.
"Private placement
The company is also pleased to announce that, further to news in Stockwatch on Sept. 15, 2008, and Oct. 3, 2008, due to continued strong interest, it will be raising an additional $1-million through the issuance of 1,111,111 flow-through shares at a price of 90 cents per share."
"EXPANSION OF CARDIAC CREEK DEPOSIT 12.13 METRES GRADING 10.17% ZINC, 1.75% LEAD, 12.45 G/T SILVER AND 10.35 METRES GRADING 12.72% ZINC, 2.04% LEAD, 14.45 G/T SILVER
Canada Zinc Metals Corp. has provided the first batch of assay results it has received from its 2008 drill program on the zinc-lead-silver-bearing Cardiac Creek (CC) deposit. The CC deposit is on the 100-per-cent-owned Akie property in northeastern British Columbia, approximately 260 kilometres north-northwest of the town of Mackenzie. "
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