SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : CCB vs ZEN truth board
ZEN.V 0.910+4.6%Feb 3 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GMPInvestor who wrote (2973)1/18/2016 11:53:39 AM
From: naimarantz of 12350
 
GMPInvestor, do you have any numbers to back up your buyout targets? The market certainly disagrees with you and management have proven they don't believe .60 is s good deal. A pilot plant hasn't been proven to be profitable and its at least $500m and 5 years until a shovel starts removing the overburden if at all. ZEN couldn't find institutional support on their last PP so I who you think will be willing to spend $300 -$600m and why would they wait 5 years minimum instead of taking what's available?

Message #2973 from GMPInvestor at 1/18/2016 11:18:53 AM

I have always said all along that Zenyatta will get bought out. Could be anywhere from $5-$25 IMO
I personally think it's worth minimum $10 X 60 million is $600 million CDN
I don't think that is unreasonable dollar figure for this deposit. Hopefully some good news soon would help.
With our dollar tanking takeover offers from US companies are more of s possibility I believe.
One of the great things about Zen is the very little dilution experienced so far. Thanks and kudos to the government of Canada and the Provincial government for helping!
Zen to Plenty!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext