| | | During Bill Clinton's presidential campaign, James Carville famously coined the phrase "It's the Economy, Stupid".
I would like to borrow from that sentiment and address the following to all Zenners who think that removing AE will solve all their problems.
IT'S THE METALLURGY, STUPID.
No one will invest in ZEN without demanding to see the unpublished Met results. Either ZEN won't show them OR Investors run like hell when they see them. In either scenario, ZEN winds up BROKE every time.
When working with lab-scale samples, purification without significant material degradation is relatively easy.
Universities and end users say nice things about these "petrie-dish" sized samples .
The Met Problem rears its ugly head when you cannot successfully "Scale UP" and achieve the same results
Met problems mean no money - No Money means no advancement of Property, Project or Process:.
If you honestly consider the above as a possibility, it explains everything that you currently question about ZEN:
The delayed RE
The delayed PEA
The not yet started PFS
The not yet started Environmental Assessment and Hydrology Study
The not yet started drilling program to obtain material for Production scale trials.
The fact that based on troubling results from the 2012-2013 drill cores, ZEN has not done any more drilling on the 2 pipes
The unwillingness of any insiders (NDA - BOD - Lenders) to invest in ZEN (at any price)
The fact that ZEN has never even tried to obtain a large enough PP to start the PFS process
The hiring of a Metallurgist - Remember when Choo-Choo said Jordan's hiring was proof there were no Met issues.
The suppression/delay of Jordan's report
The fact that EVERY bit of financing since 2013 has been "Lifestyle and Lights On" funding only.
The very quiet exit of key personnel (after much fanfare when they were hired)
The "farming out" of lab samples to Universities in the hope that they can solve the Met Issues.
The fact that ZEN no longer claims "High-Purity" - They are now "High-Quality"
The 4+ year down trend in ZEN's Share Price (From $5.00 in July 2013 down to ~$0.55 now)
The apparent indifference of AE and BOD when asked direct questions (If you can't say anything nice, don't say anything at all")
If we (all of us who have espoused this position for years) are RIGHT (We are!!) - You will be much worse off if Choo-Choo and his cohorts wind up in charge.
Note that this not an endorsement of AE; just recognition that he is NOT the only, (and certainly not the biggest), problem that ZEN faces
Sometimes - Better the devil you know............ |
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