Agoracom: Small Cap Investment - NorZinc Ltd. - CZN resource value

High-grade Silver, Zinc, and Lead Advanced stage of development Prairie Creek Mine-NWT

Largest Shareholder Vatukoula Gold Mine (680,000 oz Reserves, 4.3 million oz Resource)

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CZN resource value - IMO

in response to

Re: CZN resource value - IMO

colder

posted on May 09, 2011 07:08AM

I found where you got the value and see where I was mislead - some of the quotes suggsted VAT at $15 value but some others misstated that to mean $15 share value to CZN which is vastly different.

Your calcuation in previous message looks accurate, but keep in mind that VAT is also significantly undervalued and CZN are well into their plans to ramp up to 100,000 oz per year.