Re: Getting excited!!!
in response to
by
posted on
Aug 28, 2013 12:05PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Thanks for the feedback, I understand market caps, fundamentals etc. The point was and is that a run to $4.50 was unwarranted and still is. (Otherwise it would still be there). There is a long way to go on ZEN, the discovery and more to come have largely been factored in now and until its sold it remains in the ground. There are many revenue generating small caps with black ink that trade at twenty five cents so $4.50 is a result of emotional trading and association with a 12+% shareholder by the name of Cliffs who ran up the stock a bit.
Now, back to NOT. It's oversold.
Best to all,