Re: Share Price = buying op....I think so!
in response to
by
posted on
Jun 07, 2014 01:41PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
Agree with you formerTN, as this drop presents itself as a great buy opportunity. I added as well, and am looking at selling some of my other stocks, in which i have some loses, and buying more Zen.
As far as the chief, you can bet that he is playing the doubt game and buying when he can. He knows that Zenyatta has the goods.
Expect more volitility along way, more negative posts, BattleF has now rejoined the Zen BB so that must indicate something.
The Zen management has done an amazing job in bringing what was a few short years ago just some drill results to a PEA. Now is not the time to doubt the strategy that the Zen management has in place to move the Albany Graphite forward.
There has been some talk on Zenyatta doing a PP. In April of this year Zen filed a 44-101 so we do know that some form of financing can happen. IMO, this is good for it tops up the Zen bank account, making it easier for anyone looking at buying the project to continue the mine development process.
What I would like to see is an off-take agreement, helping to establish a price per ton for the graphite.
Speaking of off-takes, when one looks at all the competitors in the graphite space, some are claiming 'vertical integration' 3d printing, nuclear, purity that beats all, NR almost weekly....yet all of these stocks are below $1 in share price. There is a reason for this and the market is the voice. Zen has not had a NR in months, the stock drops and bargin hunters flock to buy. There is a reason for this and those that are patient will be rewarded.
GLTA