Re: Must read post
in response to
by
posted on
Apr 11, 2017 08:05AM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
First off, Qbert, let me say that I enjoy and appreciate having a civil discussion with someone for a change. Here's to that being more the norm than a pleasant surprise. Heck, because of that, I won't hold your being a Fluffy and musky fan against you. lol
But just because the discussion is civil doesn't mean we agree on much. I'm especially surprised that you think shorts are in any way involved. They're virtually non-existent, and have been steadily decreasing for a couple of years now. I would attribute the price movement to ZEN's being in the orphan stage, and having been there for a long while. It has become an ignored stock. Despite the rosey projections of people like Fluffy and musky, the fact is it has been nearly five years since they released their drill hole data, and almost as long since they showed an "easy" ability to hit 99.96% purity. Since then, they have made no progress to advance to a mine. They have even regressed, now quoting their purity as ~99.9% and recently admitting they are still working on their metallurgy "situation".
The much-anticipated NR regarding the work by James Jordan will go a long way to determining ZEN's future. There had better be a definite improvement in the results. If they can show the west pipe is viable, if they can get the flotation numbers up, and perhaps lower the cut-off grade to move more from the inferred category, then things just might get interesting. If not, after five years of trying, I think it's trouble, big time.