Hello Dave, welcome and thank you for a great introductory post.

Many here see ZEN as the next ARU, I am in that camp. Our price recently got pushed up because an institution took a position and others played the momo. We got ahead of ourselves and now are correcting. I would like to think we are at the bottom but like most moves, they tend to get exagerrated in both directions so we could see $3.80 to $3.60 IMO. However, the story has not changed! There was a very good NR this morning that officially told us the West pipe is consistently mineralized. This was very important to increase our tonnage.

I would recommend reading the Roth report which I have posted under President's D.D.

This report is very professional and gives great background information on the company. However, what I like is their target price and how they calculated it. If you look at that part and look at where ZEN is, you will understand why we believe it is the next ARU.

Cheers,

Glorieux