He wrote the original In situ valuation that was very well done. Here is his most recent post:

Well today (Friday) is the last day for any June 23 warrant holders to sell short in the market in order to raise funds to execute warrants. The last week has already seen a real absence of this downward pressure on shareprice that we have witnessed over the last 4 months from time to time. Not that the shareprice trended downwards, but shareholders now have some true 'blue sky' ahead of them (where the shareprice hits a new high and there is NO historical resistance (and no artifical resitance with warrant induced short sales) to hold shareprice in check.

This is what we've been waiting for. And, now we have news pending for next week (last news report mentioning update on drill program). News could include announcement of additional rigs, and/or positive assays, and/or a single intercept through the middle of the larger western pipe "open at depth of 500m" lol), etc. Any of these could be greatly explosive announcements and there is no warrant overhang, just blue sky on the chart past 2.60 - which is close at hand (possible test today?)

Now, the overall market is moving in the other direction (but may also be bouncing back at the same time news comes out next week). So some people may have second thoughts and doubt the ZEN value proposition - at just the wrong time. Hang in there, today could very well see one last whipsaw as those that want in try to get your shares, run your stops, shake the tree, etc etc. Don't be fooled. If you've been holding this long, you owe it to yourself and can use the profits to date to cushion your stress. If you've been waiting to buy in, this could be the last chance before news next week...

Once this goes past $3, more people get access to leverage. More blue sky.

There may be a continuos news program coming, with news about the drill program happening more than once, news pending for financial update (end of Q2, update on # of warrants converted, dollars spent on exploration/drilling, etc.) news about new board of director?, further purity testing, etc etc. Now that the warrant overhang is done the company can get more price action out of news - - - - - - - ->

News on NI 43-101 by end of august, rumours that a buyout offer will surface before then, don't be fooled here the CEO and directors own a big chunk of this and are aligned with shareholder goals for price appreciation. They know they will need to raise money shortly before or after PEA next Q1 (Q2?), and will want to be able to raise funds at high shareprice, so now, just next week, we turn a new page on this story.

After a three month lateral move which included a 30%+ dip in shareprice (fib retrace), this next sequence of sharprice movements could be 'Wave 3' in eliott wave theory...the largest move according to those types of chart pundits...

This pundit thinks that the stars are finally aligned, the crowd has assembled and found their seats, the popcorn is hot and the real show is about to begin. now, hang on to your hats.

I agree, this 3rd wave could be very big if the stars stay aligned!!

G.