A very nice and comprehensive review of some familiar names in the graphite group of companies, has been posted by scissors on SH board. Some fair comments on NGC, FMS, ZEN, etc. It's worth taking a look (NGC is leading the pack).

I have one comment on ZEN: The deposit appears huge, but the report raised some concerns about the depth of a potential open pit. This is a valid concern, but ZEN does not need to go deep, at least initially, since most of the high grade ore deposit is located near the surface. Hence starting with a shallow pit to scoop up the high quality stuff would be an economically viable way to go. It looks like they have enough high graphite ore grade (and quality) within the 100 m depth from their initial drilling results.

Once a shallow pit is in place, further exploration for high grade/quality ore can be done in-situ at lower levels.

http://us2.campaign-archive2.com/?u=6aec09ee2c6c558d6b5867e62&id=f7e7ba3075&e=4cbc0acb83

goldhunter