Re: Food for Thought
in response to
by
posted on
Aug 07, 2014 03:04PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
"Understanding why a "Buyer" wouldn't jump all over gaining this competitive advantage by owning Albany and how the Market see's and prices ZEN currently, is very confusing to this investor."
I'm sure a buyer would want to be absolutely sure of the purity of this find before they put in an offer. Because SGS is behind in their "tweaking", I can see a buyer waiting. The price per ton needs to be established as we all know pending on the quality and cost of processing methods to attain certain purities - graphite sells from a couple of thousand to upwards of $30,000 (synthetic pricing) per ton. How do you put an offer in when an established price hasn't been communicated? Personally this is why I don't think ZEN will get an offer until after the PEA is released.
How the market sees the pricing of Zen is confusing to me as well. When ZEN's NI 43-101 came out in October the stock price was over $3.40, the resourse hasn't been downgraded in any way since then, why has the SP dropped almost 50%? Even if ZEN was sold at the lower end of the scale for graphite prices the company is still worth much more than the $1.90 SP it's at right now!
I purchased again today at $1.90. For the life of me I can't understand why anyone who knows anything about this company would day trade these shares for a few pennies per stock ( that's all the fluxation we've seen in the stock price for weeks now).
"One day, the naysayers including my wife will be proven wrong! Cheers, Mark"
My step-son lives in Thunder Bay. This past January he called his Mom and informed her about ZEN and what he'd learned. She suggested I speak with him so I did and since that day all of us have been buying. Instead of my wife being a naysayer, we are dreaming together :-)