Saturday, February 07, 2009

Canada Zinc Metals CZX.v CEO buys shares. CZX.v, CDNX


Dr Copper rallied last week from its recent lows encouraged by news from China, Dry Bulk Index is making its come back from oblivion showing that there is some life in Trade after all misery. Zinc looks like it is bottoming and some Chinese smelters are announcing returning of the part of reduced output. Is it the lower point before the Commodity Bull recovery? You will never know for sure before it happen, but it is always necessary to see Insiders buying shares in a Company that you think is going to rise in its capitalisation in a near term. Chinese are ready to pay 0.425 CAD for a 13% in Canada Zinc Metals CZX.v trading now at 0.24CAD, CEO is constantly buying more, PMI in China in January has recovered from recent steep falls in November and December - our Zinc reinflation play could be closer to market recognition. Company has published 43-101 Zinc and Lead resources in BC, Canada next to Teck and Korea Zinc deposit, 3 mln dollars before Chinese will add another 4 mln and no debt. Chinese deal is a subject to government approval.

http://canadianinsider.com/coReport/allTransactions.php?ticker=czx
Jan 30/09
Jan 30/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
500
$0.220
Jan 30/09
Jan 30/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
1,500
$0.235
Jan 29/09
Jan 29/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
1,000
$0.235
Jan 29/09
Jan 29/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
1,000
$0.230
Jan 29/09
Jan 29/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
1,500
$0.220
Jan 28/09
Jan 28/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
1,500
$0.240
Jan 27/09
Jan 27/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
1,000
$0.220
Jan 27/09
Jan 27/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
500
$0.205
Jan 27/09
Jan 27/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
500
$0.230
Jan 27/09
Jan 27/09
Varshney, Peeyush
Direct Ownership
Common Shares
10 - Acquisition in the public market
500
$0.240
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