"To be a Miner 2 to 3 years out, is fine for some but not this investor, as my own deadline for the development of the “AE Plan” is by year-end."
It was my original intention to have this stock sold by the end of summer. With all the hype last spring about the PEA being released by June, I thought there would be a buy-out by then. Now I'm not so sure. "I" personally don't think ZEN has had an offer yet.
Some say the PEA will generate offers - it may or may not. Why would the PEA generate offers from one or more of the NDA companies after its release when these companies have had the information they need prior to the release. Would it not make sense to put a low bid in hoping for a bite before the market knows the true value of ZEN?
I'm sure the share price will jump once the PEA is out however if there is no buy-out offer come years end, does the share price start falling back again to pre PEA levels? As an investor do you sell on PEA release and take that chance in hoping to buy back in at a discount as time goes by.
As the days slip away on 2014 and there are no offers, come PEA release some ballsy decisions will have to be made as we all have different timelines and financial plans.
AE may have a plan but lately I'm questioning: "do I really know what that plan is."