(This company is not worth shorting unless its share price were a lot higher.)
Canadian Zinc’s flagship property is the Prairie Creek property. It used to be a mine that opened in 1982 and shut down the year after. It must have been a horribly uneconomic mine to have shut down so fast. Fast forward to today. CZN is trying to raise capital as it needs at least $234M to build a mine on the property (probably more).
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