IMO this game is far from over. When trading reopens & assuming the results are somewhere between good & great can anyone give predictions on how this will play out? ZMI still has a lot of exploration in prime area to do & mine amongst some big players. Even China is asking for zinc. But they don't have the capital to mine + drill.
My current plan is to go back to using old TA/FA as an indicator to sell off some stock at a high but can't see the high point coming till maybe mid nov-dec, not upon reopening. If stock reopens at, say an estimate 4-6c there will be huge amount of sellers cashing out (fair enough too). The big boys are still going to play their games (fair enough, that's their game). The price will certainly rise with good results but what are your strategies for holding & selling on an exploration company?
I've mostly invested in growing mining companies rather than penny stock exploration companies. What are some examples of other exploration companies that might indicate whats to come assuming good results.
IMO an exploration company is at it's highest when it turns into a profitable mining company / some time after. I don't think ZMI has the funds to begin mining without a partnership or CR. They still have a lot to do regardless of the results.
Thoughts anyone? How will you play this out?
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.656M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2315772 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 526737 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2315772 | 0.008 |
21 | 4135914 | 0.007 |
6 | 2400000 | 0.006 |
4 | 2300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 526737 | 3 |
0.010 | 1600000 | 2 |
0.011 | 420000 | 1 |
0.012 | 120476 | 2 |
0.013 | 219000 | 1 |
Last trade - 16.21pm 12/09/2025 (20 minute delay) ? |
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