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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 0.9100.0%3:43 PM EST

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To: 3bar who wrote (6994)1/16/2016 11:03:05 AM
From: ValuHunter18 Recommendations  Read Replies (2) of 54927
 
VH what edge do you have that gives/gave you your original insight as to the value of the deposit ?

Good Question 3Bar and the answer is an interesting one. My broker at Wood Gundy was the one who actually called me and said I should take a good look at Zenyatta. I started doing my usual DD as I never invest without knowing what I was getting into. My broker thought it would be a good trade to get into because they had hit significant intercepts of graphite and he said the graphite market was heating up!

When I got to reviewing the management credentials I came accross Roland Butler's name, who was an advisor to the company. He was also the CEO of Callinan Royalties, which I had owned for quite a few years. I also chatted with Roland quarterly regarding Callinan prospects so I had an established rapport with him. Naturally I called him up and asked his opinion of what Zen had found. Long story short he told me that the cores had a material, which he had never seen in person but said that it was comparable to Sri Lankin graphite and if it proved to be similar in nature then the graphite is very rare and also very valuable. Roland said that if the V-TEM image and continued drilling proved there was more than just veins then ZEN had an extremely valuable deposit on its hands. I went in big for me after that conversation.

Hope that answers your question 3Bar. I have sat on this investment through the good and bad. This market is ridiculous but soon the true value will come to the surface.

VH
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