LtGold -

I can understand your logic in asking for an “East Pipe only RE” but given the fragile nature of the resource market these days, I can also understand why management might wish to wait until they are able to produce the RE for the entire resource. I, for one, see two potential pitfalls if they produced the “East Pipe only RE" -

1) Some folks may mistakenly presume that this "early" RE represents the estimate for the entire resource and value the share price accordingly.

2) Other folks may think that the reason for the “East Pipe only RE” is because the West pipe in not a viable resource and the East pipe is all there is. This would also play into a reduced value for the shares.

Given the ongoing effort by certain parties with deep pockets to suppress the price of ZEN shares, I am afraid that the “East Pipe only RE” would only yield more confusion in the ZEN story and provide yet another opportunity for these parties to drive the share price even lower.

I agree with you that ZEN is severely undervalued. I know that you agree with me that the short term price weakness is possibly the result of an attempt to suppress the share price in order to offer a low ball bid for ZEN (quo bono).

It is very hard to sit on your hands (and shares) when this manipulation in going on. But, I don't intend to give truth to the statement that roughly says that the "...market can stay rational longer than you can stay solvent."

I intend to stay the solvent and stay the course with ZEN until the pay-off. I expect the final payment to be well over "ZEN to ten."

- panamax