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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 0.870-5.4%Feb 2 3:58 PM EST

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To: ValuHunter who wrote (7034)1/18/2016 1:01:36 PM
From: Wayverider14 Recommendations

Recommended By
Cinema Show
naimarantz
panamax
Steakhouse

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Value you stated in an earlier post that it might not be possible to find fault with your numbers. You've also stated here that people/the market is out of whack with reality and yet you are throwing numbers around of the value of Zen shares to the tune of $122 (per share).

Your numbers are premised upon Zen selling its graphite for $7500 US per tonne. This is a figure that comes from the N43-101 which was published in 2013. Critics have challenged this figure. Its now 2016 and no where on the planet has any individual or corporation offered $7500 per tonne for Zen graphite (otherwise we'd all be rolling in the good life by now). Until we get some kind of evidence of a big name buyer willing to seriously consider Albany graphite as a suitable alternative to synthetic I would conclude your figures lack substantial evidence to authenticate your tally and that posters like Steakhouse provide an important check and balance to pie in the sky dreaming. The market simply hasn't accepted Ballard/Ben-Gurion/Lakehead testing as equating with an interested big industry power supported by purchasing dollars.

As shareholders we believe the current price to be ridiculously low. But volume has also been low of late, and thus its fair to conclude that although none of us are unloading, at the same time institutions aren't buying, shareholders aren't really loading up and new buyers aren't being attracted. Thus you still have an unproven $7500 figure.

I get it - that's the chance we all take - that we are in the game before the real 'evidence' is proven and as as such will experience the ride of a lifetime.

Until then I support Steakhouse's checks and balances as valuable input when considering all the variables and trying to make sense of a big picture.
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