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Message: Re: Welcome Quincey to AG
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Jul 29, 2014 05:14PM

i'm not so sure that Casablance will come right out and divulge their intentions specific to ZEN, but we may be able to get a good idea from a general comment from Casablance re. their intentions to turn around Cliff's.

It would not surprise me to see them state their intentions to clear out all non-core and non-domestic (incl. Canadian) assets. This would include ZEN shares and their remaining ZEN warrants, as well as their ROF chromite deposit rights (I can see Noront trying to pursue that aggresively). Unfortunately, I'm not sure how much of a priority or how fast they wil get to dealing with the ZEN shares, it may be somewhere down on Casablanas house cleaning list.

Hopefully this can help to facilitate another cross and we can forget all about Cliffs. Until we hear it directly from Casablanca, this announcements effects on ZEN are anyones guess.

Week 6 of "6-8", we are all ears Mr. Everleigh...

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