Per request, here is my post from yesterday on TCC. Feel free to pass along my questions to Bob on SH as I made a promise to myself not to post on that garbage site anymore. Note, some comments were more directed towards the TCC community than anywhere else. Also note, that I found several other instances by other companies besides the three listed below. Why he decided to put a target on Zenyatta's back and ignore all the others? You decide.


Personally, I'm very tired of all this nonsense. I'm tired of the bickering, the agendas, the fighting, the constant comparing of ZEN and CCB, and all the other bullshit being spawn across the web.

First off, if you've made money off of Zen or CCB, then congrats. I think we can all agree that we are all here to make $$$. That is the main goal for everyone here. However, everyone has an "agenda", like it or not, so you need to take what is said by everyone here with a grain of salt, myself included. Why some people feel the need to post on stocks they do not hold, I will never understand. That is just something that I do not do, but beside the point. Management has been frustrating, I will agree with that. However, if you do not trust management's approach, then I do not understand why one would continue to invest. Sell and move on, there are plenty of other stocks out there.

That said, I believe there are too many conspiracy theories being thrown out there with no basis at all. I will attempt to put some of them in better perspective below, starting with the most recent.

1) BobGreenfield:
"In my assessment it becomes very clear, a pattern of completely inadequate disclosure, which is not in compliance with NI 43-101 as outlined in the regulatory literature.

As I stated earlier, the concerns mostly relate to 3.3(2)(f):

“3.3 (2) If an issuer discloses in writing sample, analytical or testing results on a property material to the issuer, the issuer must include in the written disclosure, with respect to the results being disclosed,

(f) a summary description of the type of analytical or testing procedures utilized, sample size, the name and location of each analytical or testing laboratory used, and any relationship of the laboratory to the issuer.”

Of the three metallurgical reports issued by press release, the analytical and testing procedures are not described and the sample size isn't expressed either. It's not remotely possible to figure out just what procedures were applied to the graphite and this makes the reported results impossible to fully interpret.

In the April 25, 2013, press release, Aubrey Eveleigh (President, CEO and QP for the press release) makes a remark about “good recoveries” but he doesn't provide any disclosure of what the recovery actually was. Eveleigh also makes a value judgment about the economics of the processing by saying "relatively inexpensive" without providing comparator costs or alternate processing techniques. The Company to this day uses the low-cost processing angle in its Corporate powerpoint presentations without providing any independent evidence for such a claim."

Caustic bake inputs and cycle times, it's not a small detail to be left out of a technical report, among other things."

Read more at
http://www.stockhouse.com/companies/bullboard/v.ccb/canada-carbon-inc?postid=22719753

To that I say, if Zenyatta and AE are at fault for inadequate disclosure, then perhaps EGZ, Alabama, & Graphite One should all be reported to the OSC as well???

Please feel free to explain to me how any of the following news releases on SGS purity results from the aforementioned companies adhere to the accusations and regulations provided by BobGreenfield.

http://www.gphofreports.com/gph-v-graphite-one-samples-yield-high-purity-99-99-carbon-second-series-beneficiation-tests/

http://alabamagraphite.com/news/alabama-graphite-reports-25-28-large-flake-from-initial-metallurgy-at-its-coosa-project-in-alabama-usa/

http://www.marketwired.com/press-release/energizer-resources-achieves-ultra-high-purity-of-greater-than-999-graphitic-carbon-otcbb-enzr-1815291.htm

I see no glaring differences in these news releases above compared to Zenyatta's news releases. And I do not see any description of the LECO assay process in any of these news releases. To me, this is an unfounded and completely moot topic point that was created to cast doubt in people's minds. Mostly likely spurred by Zenyatta inventors bashing on CCB, but uncalled for no less.

2) PEA Delay
"SGS has requested additional time to complete the metallurgical scale up and optimization of the flow sheet." Zenyatta essentially blamed them for the delay. SGS has a reputation to uphold. Simple as that. Not sure why there are so many conspiracy theories as to why the delay. With the recent firing at SGS and the number of other companies utilizing SGS today, processing and performing metallurgical analysis on two 5 tonne samples is no small task to undertake. Why is this so hard to believe?

3) Cliffs Selling
Umm... has anyone seen Cliff's stock price as of late?

http://finance.yahoo.com/q/bc?s=CLF&t=5y&l=on&z=l&q=l&c=

They are a distressed company, currently in a battle with Casablanca Capital, in debt up to their ass and barely staying afloat. Of course they are selling Zenyatta, one of their few profitable non-core assets, at a time like this. Wouldn't you? But what's more important is that they are not selling the block at these prices. As Chief has stated, they received an offer for 2 million shares but won't do it at this price. The recent selling was most likely to get under the reporting threshold and to dress up their latest quarterly report IMHO.

4) ZEN vs CCB
What is this, a d*ck size contest? My purity is better than your purity by a whole .01%. Who gives a flying f*ck is what I have to say. Stop the bullshit on both sides.

5) It's all just Noise.
All this bullshit above means nothing in the grand scheme of things. The news releases, the delay, the conspiracies, the battles, and even the PEA mean jack shit. Yes, I said it. Even the PEA. Yes, there will be very good information in there but whether $8,500 or $10,000 or $30,000/ tonne, it really doesn't matter. Everyone is overlooking the most important element and which I believe is management's main focus at this time. Testing of the graphite and getting it into end user's hands.

End users want to know if the end product can be used in their applications plain and simple. Can it be refined to meet the specs, how well does it perform, and how much does it cost to get it there. Personally, I'd rather the Company wait to release the PEA until all end user testing has been performed. Think about it for a minute.

Situation 1)
Zen release PEA tmrw which shows a +100 IRR and a $2B NPV using $8,500/tonne. Freaking awesome! But then.. the bullshit starts all over again from the bashers. "Unrealistic".. "Never been proven".. "Hydrothermal can't replace Synthetic in those applications".. Blah blah blah.. I can see it all unfolding already.

Situation 2)
Zen releases PEA 2 months from now with the same numbers. However, this time, they accompany it with saying, "the graphite has been successfully tested by the likes of Panasonic, LG Chem, etc., as a replacement for synthetic graphite in these applications, thus, the price used is justified."

Which situation would you prefer? Will it happen that way? Who knows... but my guess is that the 20+ confidentiality agreements already signed wasn't just to compare d*ck sizes all over again.

Concluding thoughts:
I do admit that some things could have been handled better by the Company and management. However, there are also other things that have happened such as Cliffs and timing that are out of their control. Once again, if you have lost faith in management, then I do not understand why you would stay invested. I would sell if it were me, but I do believe management has the end goal in mind here. After all, AE still owns 5M shares and he has brought in the likes of Dr. Chahar and Tadashi Yamashita. No other Company I can think of has brought in a man of that caliber who knows the synthetic graphite industry inside and out. Do your research on the Dr. is all I'm saying.

Think for yourselves people and stop with the bullshit is all I ask. I don't expect everyone to agree with my thoughts nor do I want you to. After all, I do have an agenda.

TaKeNoTeS