Seems the market believes Zenyatta is a bust and all hype.

I was on a private microcap style board on the weekend, pretty experienced and sophisticated investors many of whom have been in the junior mining/commodity stocks. I asked if anyone heard of ZEN and the responses were either (a) never heard of it (b) don't see how it is 'unique' in any way (c) don't even want to look at any mining stock right now.

Even when presented with some of the basic numbers we have tossed about here there was complete disinterest (not to mention complete lack of knowledge of graphite let alone the higher end graphite). And again these are folks who love a good 'high margin' product story.

No doubt a certain faction of the commodity investors have fading belief in the stock given the delays but I think for the most part the complete malaise about the mining sector in general is a large part of the current price.