Joe Mazumdar
Pine Point Mining Ltd
ZINC-X
COMMENT
Oct 02, 2017
This is zinc. His issue would be around the actual mining of their deposit, because it is very close to the lake and there is an underground river that is going through there. Hydrology is a big part of how they mine this. This is not an easy one in terms of mining.
Apparently there is a shortage in zinc. This company is in the process of acquiring a pretty interesting former producing zinc mine in the Northwest Territories. It is near power, water and trains, all the things you need in a mine. Speculative, so don’t put too much into it.
They have very, very good properties. They have a wonderful list of shareholders. Investors are getting very interested in zinc. They can finance themselves.
This is zinc. His issue would be around the actual mining of their deposit, because it is very close to the lake and there is an underground river that is going through there. Hydrology is a big part of how they mine this. This is not an easy one in terms of mining.