05:18:09 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Inzinc Mining Ltd
Symbol IZN
Shares Issued 73,355,419
Close 2017-09-15 C$ 0.11
Market Cap C$ 8,069,096
Recent Sedar Documents

Kaiser says Inzinc Mining remains a buy for now

2017-09-15 21:25 ET - In the News

John Kaiser, writing in an Aug. 25, 2017, SVH Tracker, says buy Inzinc Mining Ltd. at 14 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 the stock three more times through April 13, 2010, at prices ranging from six cents to 24 cents, and then 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 five more times through Oct. 18, 2016, at prices ranging from eight cents to 15 cents. An investment of $1,000 for each of the six buys would now be worth $8,555. Mr. Kaiser mentions Inzinc briefly in this report. He says the company started out the year strong, but turned into a huge disappointment by April, when it had failed to close a financing for work at its West Desert zinc project in Utah during the best financing quarter for resource juniors since 2011. Mr. Kaiser says Inzinc is still one his of speculative value hunter buys, "but management will have to demonstrate that has the right stuff for me to believe in it."

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