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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: Wayverider1 who wrote (7040)	1/18/2016 3:23:28 PM
From: ValuHunter	18 Recommendations Read Replies (2) of 54911

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). I never intended to suggest that its not possible to find fault. If fact Wayverider1 there are problems with the numbers that I put out Friday as was pointed out to me via a couple of private posts. If Steak had brought up the fact that I failed to reduce the size of the resource by 25% to account for the 75 % recovery rate, which was identified in the PEA results, then I would have accepted his comments and made adjustments. Instead, he claims to be an accounting major, identifies no specific problem with the calculations I put out there, but claims the bash crew would find fault so he is challenging the numbers. Its fine to challenge the numbers but on what basis is he challenging the numbers. Challenging posts is good but be specific why and provide reasoned arguments. Steak wonders why no-one challenged the #s I put out. Maybe no-one challenged me because the numbers are the numbers. Its not like I was making them up. Anyone with a little common sense and knowledge of how deposit values are calculated can do what I did. In fact before Chief turned to the dark side, for whatever reason, he was publishing even higher per share values than I put out on Friday. Folks seem to have forgotten the real value play here. I will be posting the facts a lot more often going forward. I am heavily invested in Zen and I'm tired of the bashers constantly trying to minimize the value of this company por its merits. If you have good reason to challenge something then please do so with reasoned arguments. Good debate is healthy! VH

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