Guys,
The price action of Red Hill Iron ("RHI") is a fairly good guide as to how ZNC can perform. RHI is slightly more tightly held than RHI, but both stocks have had management put in place specifically to address an aggressive exploration program.
Zinc Co has quality and advanced tenements, with previous drilling work reporting known zinc mineralisation on their ground. The current management team has been hand picked to aggressively get these assets up to production, so a $1.50 to $2.00 price tag is not out of the question.
looking forward to the months ahead.
Zinc to be the best performing base metal for Q4 2007.
price action of rhi is a good guide
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.05M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 209700 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 121420 | 1 |
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| Last trade - 16.12pm 01/11/2024 (20 minute delay) ? |
| ZNC (ASX) Chart |
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