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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 0.890-2.2%Dec 31 3:59 PM EST

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To: ThatsTheTruth who wrote (11027)1/16/2017 2:29:15 PM
From: Antlizzie14 Recommendations  Read Replies (2) of 54478
 
Just because I advised you to call the company to get the numbers you want, doesn't say nor imply, that you haven't. Because somebody puts a number to something doesn't make it gospel either. I also would expect if you have a conversation with the company, it would be more meaningful than on a BB.

The market cap for Zenyatta is a useless topic to begin with. It is what the market says and who ever believes the market? When one buys he is saying the price is wrong and expects it to go up. When you sell it is the reverse. I would expect everyone here has a different number what Zenyatta is or will be worth. Right now the market cap is the number of shares X 98 cents. Now if you mean what some of us think the market cap should be, that's different. I expect it to be $80 but don't ask me when. Also, if Zenyatta develops this the way I hope they do, we could see $200. This is what makes the market what it is. A whole lot of fun. I arrive at the numbers I do because I expect our company to reach the objectives they are working towards.

I have owned Zenyatta since early 2012. When they first announced the purity results sometime soon after I bought my first shares, a well respected writer we all know and respect here wrote a piece and stated, " they (the market) will have a hard time keeping this (Zenyatta) under $50. I wrote back and agreed with him, but I expect even a higher price. Now that's a laugher due to all that has happened since. Most thought we were too high with our expectations. What has happened is that Zenyatta has never seen what its true expectations really are. That is only my opinion. You don't like it? So what? If I were to explain why, would it matter? It just takes us back to where we began. In my opinion, the market cap is a useless topic. The market can't make up its mind either. It changes almost with every trade.

You, nor anybody else needs to agree with me. Just because I said this on the BB doesn't make it guaranteed that it will happen. All I know is that everything that Zenyatta has or has had tested, it has met or exceeded expectations. I expect that to continue. So Fluffy and I keep buying whenever we have some spare cash.
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