Re: Maybe...Location of Hole #10
in response to
by
posted on
Apr 04, 2013 06:44PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
From the NR:
designed to test between previously drilled holes five and nine.
There is 150m between these 2 holes and hole 8 is 50m from hole 9. Wether drilled from hole 8 or slightly more to the south (see diagram: http://www.zenyatta.ca/upload/documents/4f_4_5_8_9_m_2013.pdf ), it is still adding tonnage. This was a pretty safe hole location but the results were great and confirm the continuity of the deposit. I would thing grade from 47 to 87m will be around 1% as it is graphitic overprinting but from 87 to 410 would probably be 4%+. the section around 383m looks more like 10%+.
What this hole does is reaffirms my strong belief that we have something very special here. The selling today was heavily done by ANON (621k), the next biggest seller RJ was 53k. These shares being sold by ANON are warrants I can almost guarantee it. When warrants done, any decent volume will move the share price up considerably. We just need to be patient. This stock has everything going for it including very smart management. Those that believe and are patient will do very well here, even buying at these prices.
Peter Hodson from 5i Research, ex Sprott guy was on BNN tonight and his first question was about ZEN. His answer was that this was a unique deposit with potentially big margins and that he was cautiously optimistic about it. I will try to get a link to the repeat show around 11pm tonight.
We are finally getting 3rd party confirmation, 2 awards, a few newsletter writters, BNN. Our time is coming. Congrats to all those who believe and are being patient!
Glorieux