Thank You, Gregg....
posted on
Feb 18, 2011 11:07PM
Largest Shareholder Vatukoula Gold Mine (680,000 oz Reserves, 4.3 million oz Resource)
Thank You, Gregg!
Alerted by the steadily growing bottom-line of my portfolio in the last ten days, I noticed the rapid daily rise of CZN’s price. Since my mining portfolio is top-heavy with CZN I was franticly looking for news prompting this rapid growth.
The latest news from the Company was the their January 31st, 2011 PR, - CZN reporting the Mackenzie Valley Land and Water Board has granted a two year extension to Canadian Zinc’s Land Use Permit for mineral exploration on the Prairie Creek Property in the Northwest Territories.
A second news item that may have raised investors’ interest in the stock was an Feb. 02 article in The Daily TELEGRAPH, heralding a “…Golden future for Fiji Fiji’s Vatukoula gold mine…” a producing mine in which Canadian Zinc has about sixteen percent interest.
Finally, today I received from Canadian Zinc by Email: earl@canadianzinc.com a copy of
Greg McCoach’s “INSIDER ALERT” February 2011 [©2011 by Greg McCoach‘s Insider Alert],
with Gregg’s 4 pages long “NEW RECOMMENDATION”.
Anyone interested in the above can get a copy from Earl / CZN by email.
I don’t want pass around other men’s flowers, but just let me say I wish have had read this document when it was issued, on the 15th. Unfortunately my subscription for Gregg’s newsletter expired recently.
I have been following up on Gregg’s comments and writings about Canadian Zinc well before he published his yarn about Rupert’s Paradise, and now I fully endorse his “New Recommendation”, which he concluded with the following remark:
“ To summarize, the gold project alone gives us half the value of our current
Market cap, which means at our current share price the market is only valuing the
Prairie Creek project at around 32 cents a share. I say now is the time
to build up a position in CZN. If the permit is granted,
I believe CZN will be a $20 plus stock in a heartbeat and going higher.
[©2011 by Greg McCoach‘s Insider Alert], ……..”
Up CZN!
Cheers,
durban1