Canada Zinc Metals CZX.v CEO buys shares. CZX.v, CDNX
By: Sufiy.
Posted on February 07, 2009 at 10:57 AM EST
Dr Copper rallied last week from its recent lows encouraged by news from China, Dry Bulk Index is making its come back from oblivion showing that there is some life in Trade after all misery. Zinc looks like it is bottoming and some Chinese smelters are announcing returning of the part of reduced output. Is it the lower point before the Commodity Bull recovery? You will never know for sure before it happen, but it is always necessary to see Insiders buying shares in a Company that you think is going to rise in its capitalisation in a near term. Chinese are ready to pay 0.425 CAD for a 13% in Canada Zinc Metals CZX.v trading now at 0.24CAD, CEO is constantly buying more, PMI in China in January has recovered from recent steep falls in November and December - our Zinc reinflation play could be closer to market recognition. Company has published 43-101 Zinc and Lead resources in BC, Canada next to Teck and Korea Zinc deposit, 3 mln dollars before Chinese will add another 4 mln and no debt. Chinese deal is a subject to government approval. http://canadianinsider.com/coReport/allTransactions.php?ticker=czx Jan 30/09 Jan 30/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.220 Jan 30/09 Jan 30/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $0.235 Jan 29/09 Jan 29/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.235 Jan 29/09 Jan 29/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.230 Jan 29/09 Jan 29/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $0.220 Jan 28/09 Jan 28/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 1,500 $0.240 Jan 27/09 Jan 27/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.220 Jan 27/09 Jan 27/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.205 Jan 27/09 Jan 27/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.230 Jan 27/09 Jan 27/09 Varshney, Peeyush Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.240
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