22:19:06 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Inzinc Mining Ltd
Symbol IZN
Shares Issued 108,885,419
Close 2018-06-27 C$ 0.12
Market Cap C$ 13,066,250
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Kaiser refreshes his buy of Inzinc Mining

2018-06-27 22:52 ET - In the News

John Kaiser, writing in an SVH Tracker for June 6, 2018, refreshes his buy of Inzinc Mining Ltd. at 11 cents. The editor has a long history with the stock. He said buy three times between Nov. 3, 2003, and April 2, 2008, at prices ranging from 18 cents to 28 cents. On Nov. 17, 2008, he said sell at six cents. Assuming investments of $1,000 for each of the three buys, selling at six cents would have yielded a $2,236 loss. He said buy three more times through April 13, 2010, at prices ranging from six cents to 24 cents. He said sell on Jan. 2, 2012, at nine cents. Assuming $1,000 investments for each of the three buys, selling at nine cents would have resulted in a $150 loss. Mr. Kaiser then said buy the stock back immediately at nine cents, and buy seven more times through May 15, 2018, at prices ranging from eight cents to 15 cents. An investment of $1,000 for each of the eight buys would now be worth $7,508. Inzinc is drilling at its West Desert zinc project in Utah, from which the company has a drilling update. Mr. Kaiser says the update had an "embarrassing paucity of geological detail" which leaves the market gasping for more information. Inzinc, he says, is not doing itself any marketing favours with the manner in which it writes it updates.

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