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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 1.000-2.9%12:39 PM EST
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To: Glorieux who wrote (10364)10/2/2016 7:33:40 PM
From: Antlizzie8 Recommendations

Recommended By
Bills16
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George69
Glorieux
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and 3 more members

  Read Replies (2) of 54234
 
Thanks G. for all your informative posts over the years, but especially now with what most of us think is about the best opportunity we have had for some time. This is a great site because there are many thoughtful people who contribute in a positive way. We can all enjoy the dialogue without trouble makers.

In some respects I'm sorry that the route Zenyatta will take will only give us the ending to this story one way. That will be how the story actually goes, but at the moment anything is possible. There are several routes Zenyatta could go, and the story will unfold in that direction.

How about somebody with money that makes a run on Zenyatta to make a cheap offer? It would be an offer that inside shareholders would naturally reject. An action such as this would be rejected quickly by the BOD with an opinion that shareholders should not tender their shares. You now have an unfriendly attempt to "steal" the company. Don't laugh, it has been done.

I've seen quite a few who have said they would take $10 and run. The recent poll had about 1/3 who responded this way. How many more would an offer close to $20 bring in?

Something like this would sure vault Zenyatta to the top of the charts for a breath taking shock to the investment world. In an instant there would be a rush to discover what Zenyatta is all about.

This was discussed some time back and the conclusion was that insiders own enough that this could not happen. I was never convinced that it couldn't happen. I am still in shock that an organized group could keep the Zenyatta share price down the way they have. It's simply unbelievable. But the fact is they have. Perhaps one reason they did is to make the above possible?
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