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Gold/Mining/Energy : CCB vs ZEN truth board
ZEN.V 0.920-8.0%Jan 30 9:30 AM EST
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To: GrumpyGus who wrote (4352)2/17/2016 9:45:23 AM
From: JayfishRead Replies (1) of 12350
 
Releasing a PEA in itself would appear to not be enough for many investors .
In fact it often leads to a more critical evaluation of a project and leaves much to be interpreted by the reader.

Zen has experienced a PEA which has been declared economically viable by a very conservative engineering firm. While there are many on these boards that find fault in the findings I share the conclusion it the Albany project is viable.

The conservative margins and US dollar are indicators of a lower Capex which are likely to enhance the project further.

There have been several other junior mining companies that have recent PEA's that experienced significant drops.
Alabama graphite recent PEA saw an initial pop but immediately sank to year lows

The dream of a PEA to lift a stock might be elusive especially if you have tens of millions of shares in the hands of traders who are looking for such news to exit . In an event like that it could be a race to avoid being the last holding shares.
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