Breakout alert today - consider the facts when rea
Post# of 51
(KTNND) Breakout Alert Issued.
Good Evening,
Here's a new play that's starting to rapidly pick up speed.
Our New Profile is: (KTNND)
We’ve seen a lot of volatility in the market over the last week or two. Some believe its because the enhanced fears of inflation and the Fed raising interest rates.
That said, commodities and other hard assets should thrive under this period of uncertainty.
One commodity that has been Red-Hot of late has been Zinc.
Zinc is used to help build infrastructure, electronics, cars, and is one of the top five most consumed metals in the world.
There are several reasons to be bullish on companies related in the space.
For example, in the U.S., President Trump announced a plan that would include spending more than $1T in infrastructure. Zinc is used to galvanize steel, a commodity that will be in high demand as the infrastructure plan rolls out.
Other bullish factors include a growing urban population in China and India. As more and more citizens transition to urban life, new infrastructure will be needed to accommodate them.
One Canadian company is set to take advantage of all these factors and more…
Kootenay Zinc Corp:
(OTCMKTS:KTNND)/(CSE: ZNK)
Kootenay Zinc Corp (OTCMKTS: KTNND)/(CSE: ZNK)- A Canadian-based mineral exploration and development company. The firm is focused on discovering large-scale sedimentary-exhalative (SEDEX) deposits.
Sully Project
The Sullivan Mine of Teck Resources has been regarded as on the the top SEDEX silver, lead, and zinc deposits throughout history.
Its produced 17M tonnes of lead and zinc and 337m ounces of silver from 150M tonnes of feed.
That said, The Sully Property comprimes 1,375 hectares located approximately 30 KM east of Kimberley, B.C., and overlies rocks of similar age and origin as those which host the Sullivan deposit.
The equivalent level of strata as at Sullivan and that formed on the margin of the same basin are present at the Sully Property.
New gravity data confirms the location of a large East mass. The firm intends to undertake a drilling program to target this east mass.
On Feb 20th, 2018, KTNND closed at $0.34. The firm’s price has ranged between $0.07 and $5.90 over the last 52 weeks.
Shares could be picked up at a discount relative to where they were trading on February 6, as high as $0.7350. Currently, the stock is trading below the 50 and 100-day moving averages.
This could be one of those plays where savvy traders can buy a strong sector play on weakness, probably due to the overall market weakness.
In Their Own Words: Kootenay Zinc Corp
Kootenay Zinc Corp. is a mineral exploration and development company based in Vancouver, British Columbia that is presently targeting the Sully Property. The Company is focused on discovering large-scale sedimentary-exhalative (“SEDEX”) deposits. The Sully Property comprises 1,375 hectares located approximately 30 kilometres east of Kimberley, B.C., and overlies rocks of similar age and origin as those which host the world-class Sullivan deposit, owned by Teck Resources Ltd. Sullivan was discovered in 1892, and is known to be one of the largest SEDEX deposits in the world.
Over its 100-year lifetime, Sullivan produced approximately 150 million tonnes of ore, including approximately three hundred million ounces of silver, eight million tonnes of zinc and eight million tonnes of lead.
The equivalent level of strata as at Sullivan and that formed on the margin of that same basin are present at the Sully Property. The Company cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Sully Property.
Most Recent Company News:
Kootenay Closes First Tranche of Private Placement for $1,215,000
Vancouver, Canada, February 2, 2018 – Kootenay Zinc Corp. (the “Company”) (CSE:ZNK; OTCQB:KTNND; FSE:KYH) is pleased to announce that they have closed the first tranche of the non-brokered private placement for 4,500,000 units for gross proceeds $1,215,000 at a price of $0.27 per unit. Each unit consists of one common share of the Company and one common share purchase warrant. Each whole warrant is convertible into one common share at a price of $0.36 per share and is exercisable for a period of one year. The proceeds of the private placement will be used for the Company’s exploration activities and general working capital.
Read the full report do your DD, and see how KTNND is becoming a major force in this the hot Zinc market.
>>Full Report Go Here <<
We were the first to bring you these runners, lets watch KTNND and see if they will break-out from this level.
KTNND should thrive this year as investors rotate out of traditional stocks into commodity-related stocks.
Despite what happens in the market, infrastructure will be a big story.
We are now sitting at discount levels, relative to its earlier highs this month.
Again, Read the Full Report Right Now, Then Move KTNND to the TOP of your list Wednesday - Be Ready at 9:30am!
Sincerely,
OracleDispatch
(Remember to Text OD to 25827 now to get on our SMS list)
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