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Gold/Mining/Energy : Zentek Ltd - ZEN

ZEN.V 1.130

-3.4%

9:30 AM EST

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From: stuffbug	12/18/2014 11:08:35 AM
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I read where Mickey Fulp has weighed in on the latest press release. I don't follow Fulp as I don't consider him to be one of the top tier analysts. However, he is not alone in giving a thumbs down to the latest news. graphiteinvestingnews.com For Fulp, Tuesday’s news was nothing but confirmation of his skepticism regarding Zenyatta. “In my opinion, the Zenyatta press release reinforces what has been previously documented regarding the potential viability of this project: it is a low-grade graphite deposit buried under substantial overburden in a remote, climate-challenged location at a significant distance from required infrastructure,” he said, adding, “now it has been revealed to have metallurgical difficulties. It seems obvious from today’s sell off that the market is displeased with the news.”

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