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Re: None

Thursday, 05/24/2018 2:02:57 PM

Thursday, May 24, 2018 2:02:57 PM

Post# of 35778
New from two of my zincers

FWZ.V announced what I tout was a decent PEA but still sold off most of its recent gains; IRR of 24%, payback 4 years. I expect the former figure to increase and the latter to decrease as further work progresses.

https://www.globenewswire.com/news-release/2018/05/23/1511189/0/en/Fireweed-Zinc-Announces-Positive-Preliminary-Economic-Assessment-with-Pre-Tax-IRR-of-32-and-NPV-8-of-C-779M-on-Macmillan-Pass-Project.html

Meanwhile, TK.V pulls some more sweet step out intercepts and continues its steady climb back from the recent selloff. They are proving up their geological models, and the new tin discoveries at Zone 3 look promising.

Barring some really amazing intercepts, the real action will come closer to year end when the PEA and updated resources arrive.

https://www.newswire.ca/news-releases/tinka-drills-32-metres-grading-96--zinc-within-a-wider-interval-of-107-metres-grading-68--zinc-in-ayawilca-step-out-hole-683561661.html

LC
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