weekend lounge short term trading 30th-1st sep, page-35

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    Entry for STT list

    IBG Ironbark Zinc FA

    Zinc/lead in Greenland
    Gold in NSW

    6.5c
    $22 million cap
    $2.2 million cash



    Ironbark Zinc is 100% owner of the Citronen zinc/lead project in Northern Greenland.

    Contains one of the world’s largest undeveloped zinc deposits, currently 71 million tonnes at 5.7% zinc.

    Mineralisation remains open in all directions, current resource could be quadrupled.

    The massive project has attracted major investors GlencoreXstrata, and Nyrstar. China Nonferrous has executed an MOU to build and majority fund the process plant.

    If you are bullish on zinc or lead this is the stock to be in.

 
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