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EZM ...a low priced zinc / copper mining play Rate this Topic:
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malcolmb14
Posted : Wednesday, January 18, 2006 4:24:31 PM
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Joined: 5/17/2005
Posts: 221
 Here is nice low costway to get exposure to the resource sector.

This company has just started trading on the AMEX and has a trading volume of around 500,000 per day. This stock is no newcomer. The company has been trading on The TSX since 1981 and has ramped up from can $0.9 to 1.44 in matter of 8 weeks or so.

It opened on the AMEX at 1.07 and ran up to 1.33 in a matter of 15 days before it pulled back to it's current price of 1.23

I trade this one on the hourly chart....as there is not a whole bunch of daily info on it yet. With todays weakness in the market the hourly chart is showing oversold on the 7,3,3 stochastics..support on the hourly is in the 1.22 range. Could be a buy tomorrow for me if the markets improve.
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malcolmb14
Posted : Saturday, January 21, 2006 10:47:47 AM
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Joined: 5/17/2005
Posts: 221
 since posting stock has made 5% gains ... most of this was Friday poor markets.
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malcolmb14
Posted : Monday, January 30, 2006 10:41:55 PM
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Joined: 5/17/2005
Posts: 221
 Thought I would give a little update on EZM. Since consolidting for a week this stock made another 6% gain today and closed at 1.4. That is a gain of 13% since first posting.
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spread
Posted : Saturday, May 13, 2006 9:36:59 PM
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Joined: 1/30/2005
Posts: 17
 any opinion on this stock now ? Seems to be pretty flat between shorts and mm is there upside ahead ? Market my be flat till Sept .
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allenbary
Posted : Saturday, May 13, 2006 11:40:24 PM
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Joined: 10/26/2005
Posts: 238
 I got in at 1.80, sold half at 2.85. going to let the rest ride for a while I think it may go higher, but I am wrong alot.
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Inspector62
Posted : Sunday, May 14, 2006 12:44:42 AM
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Joined: 3/7/2006
Posts: 244
 Looks due for a correction. After the correction, it may be a great buy.
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jryanweb
Posted : Monday, May 15, 2006 4:31:31 PM
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Joined: 10/24/2005
Posts: 101
 Inspector62,

What's your guess on the support? I'm thinking maybe 2.25 is good buy area.
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HaveNoCents
Posted : Monday, May 15, 2006 5:19:31 PM
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Joined: 12/8/2004
Posts: 1,301
 I show the pullback will be between 2-2.50. A pretty wide range but nevertheless it agrees pretty closely with your 2.25.
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spread
Posted : Thursday, May 18, 2006 6:50:38 PM
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Joined: 1/30/2005
Posts: 17
 Anybody still have a logic to this stock ? Could add another 1k at 2 . has the copper mrkt and or Zinc any legs at this point ?
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jryanweb
Posted : Friday, May 19, 2006 2:44:50 PM
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Joined: 10/24/2005
Posts: 101
 EZM went as low as 1.85 today before bouncing. Anyone have an idea of how low this could go?
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