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Gold/Mining/Energy : Zentek Ltd - ZEN
ZEN.V 1.190-1.7%Jan 16 9:30 AM EST

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To: Claude Cormier who wrote (2870)9/3/2013 11:27:17 AM
From: ogi4 Recommendations   of 22856
 
I agree Claude, I believe the catalysts ahead of Zen should allow for a pp at higher prices when more certainty of the deposit is proven. Their current cash position is more than needed for the work programs over the next 6 months and more.

One of the biggest factors of DD is how and when a co does raise cash, gratuitous financings always a bad omen on mngmnt. Zen has not used the current strength to spread paper around and I consider that a strong positive along with the low float.

Cheers
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