Another one of our Summer 2010 top picks is priming itself for public recognition. Canada Zinc Metals has secured strategic partnership with Chinese Tongling and drills are turning on the property promising news on potential blue sky discoveries and extension of the mineralized zone at the Cardiac Creek. At the moment of writing stock of CZX.v could be bought at 37% discount to the price Chinese are willing to pay for the latest stake in this company. Company is buying back its own shares as well now.
"Now we have quite a few tasty juniors in the market for this exercise. Companies like Goldstone Resources, Sunridge Gold, NGeX Resources and Almaden Minerals, but with Almaden that time has past with announced results and the stock is up almost 100% from Nobody Wants Time...two weeks ago. You can never be sure which one will be next, but when the insiders are buying you have a few odds in your favour. Two other stocks that we are following here are particularly interesting from this point of view: TNR Gold and Canada Zinc Metals. TNR Gold is moving forward with its spin out of International Lithium corp. and its major shareholder has made another acquisition of shares just few weeks ago and Canada Zinc Metals is now trading more then 20% below of placement price announced by its Chinese major shareholder as well. Richard Mills in his article below gives a very good picture on summer junior market trade and a very important big picture view with Dow:Gold ratio. He is following TNR Gold with International Lithium as well on his website.
We hold stake in this company and nothing should be taken as an investment advise on this blog, as usual."
Canada Zinc Metals hires Translloyd Consulting for IR
2010-08-30 16:28 ET - News Release
Mr. Peeyush Varshney reports
CANADA ZINC METALS ENGAGES INVESTOR RELATIONS CONSULTANT
Canada Zinc Metals Corp. has entered into an agreement with Translloyd Consulting GmbH for the provision of investor relations and communications services to Canada Zinc Metals. Translloyd, based in Germany, is a boutique consulting firm that specializes in investor outreach in Europe for mineral exploration companies. Translloyd advises that its does not currently have any interest, directly or indirectly, in the company. Pursuant to the agreement, Translloyd will provide investor relations services to Canada Zinc Metals, including, but not limited to, introducing the company to investors in Europe. Translloyd's engagement, which is subject to regulatory approval, will be effective Sept. 1, 2010, for a term of six months, thereafter renewable on a month-to-month basis. The company will pay Translloyd a fee of $7,000 per month and reimburse it for approved expenses.