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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 0.880-4.3%11:51 AM EST
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To: Wayverider1 who wrote (7050)1/20/2016 9:33:17 AM
From: ValuHunter12 Recommendations

Recommended By
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  Read Replies (3) of 54903
 
Excellent post Wayverider, but in fact I think you are underestimating the Chief.

Lets face it Chief was slamming his fist down everyday telling people Zen was the next big winner for well over a year. You can be sure when he was putting out those extremely robust resource guesstimates that he was selling shares everyday to reduce his (correct me if I'm wrong) 600k shares down to nothing. Then the RE came out and we all know what he did then.

On average if we look back at 2013 the share price was around $3. Lets assume for a moment that Chief banked a cool 1.5 m off his Zen shares. At the same time he was selling Zen shares the CCB shares were selling for 10 cents and below. For sure Chief was loading up on CCB below 10 cents. Then in December is does an about face on Zen and in January 2014 starts pumping CCB. He now has a triple on CCB, which as has been proven is a complete pile of dung ga ding. As I mentioned the other day it is my opinion that Chief and his indians are simply waiting for the green tech revolution and the craze in hydrothermal graphite to begin. Those who miss the Zen rocket will be looking at area play and low and behold there is CCB with its 30 second commercials on hydrothermal/lump/vein graphite playing everyday. With so much investor money sitting on the sideleines due to this oil imbalance on the supply side there will be a huge rush to get into Zen when the masses realize what Zen has. CCB will be one of those next best things.

However the above does not explain the constant bashing of Zenyatta IMO. The constant bashing is because Chief and his indians are accumulating Zen everyday. Lets face it his plan has worked like a charm thus far. That alone is the only reason that frankly makes any sense at all! Chief does not give a flying you know what about who or what gets hurt in his pursuit. I'm sure when it is all said and done he will proclaim to the BB's that he was buying Zen all along. The bottom line is that smart money is buying the ZEN shares up and not putting them back up for sale. I believe that is why we are seeing such small volumes.

Thats my take on what is going on here. CCB is just a distraction to the real deal.

All of the above is my opinion only, but I always say if it looks like sheet, smells like sheet and tastes like sheet then it is most likely sheet. Don't step in it.

VH
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