It honestly seems like management are perpetually dangling a carrot and trying to coax the SP north.
Historically, this stock is capabale of pumping a few pips on average news, so you may be able to sell at a profit.
But without any clear direction or decent/aggressive exploration programs (they could have done so much more with their zinc portfolio leading up to this NOW zinc bull run), the company is looking more and more like a vessel to simply pay management salaries.
No real strategic partnerships formed since they converted BMY to MZN (though they managed to tick off KDR lol)....
Very disappointing. The share base is getting to a size that will likely warrant a consolidation soon enough.
One can’t understate the importance of good management.
Disclaimer : I use to hold just under 10Mill of these, plus options. Was one of my great “zinc spec” hopes and I watch this stock hoping they’ll turn things around.
Good luck to all holders.
Cheyne.
MZN Price at posting:
1.1¢ Sentiment: Sell Disclosure: Not Held
