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Gold/Mining/Energy : Zentek Ltd.
ZEN.V 1.020-1.9%Dec 5 9:30 AM EST

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To: gunzo who wrote (16102)4/25/2018 1:17:03 PM
From: gettingbacktoeven  Read Replies (3) of 54216
 
Tried replying earlier, did not seem to post.

Not sure where my other post is. Don't post much, may have been deleted. No reason to make up posts.If you want to question my motives, that's up to you. Maybe you should have been as wary of management.
I was in Zen early. Earlier than most. Went to see them at first PDAC core shack after Globe and mail article came out. Started buying at .15. They were originally drilling for nickel and hit graphite. I still have the ballcap (black) and shirt that Sandra gave me.(never worn. lol) I Followed Zen on all the boards including TC(some good posters but too much BS). I am completely out but still interested in how the story unfolds.
I remember being in another stock called SLI (you should read up on that one) dissidents eventually sued and company went to basically zero. I cant believe I Made money on that one as many lost a lot. I guess I was just lucky at the time. Lots of pumper shareholders in that one too.
For those that say Zen has the goods. I am more interested in the facts.
AE had about 5 million shares. Do you not think he would want Zen to go to ten so he could be worth $50 million? Do you not think he tried to make it work. He had knowledgeable BOD.(one left which to me is a huge red flag) many non disclosures and shopped it everywhere. That tells me there is a problem with either the economics or geology etc...
The problem I had with AE is that he never seemed to give news or updates in a timely manner,(red flag) always late.
and usually a few key shareholders would make excuses for him. I felt he may have been stretching things out in hopes that the problems could be fixed. Obviously he nor staff could fix things and that is where you are today.
I don't like seeing people lose money. Not a fan of pumpers or the way some (a lot) of companies operate on the VSE.
A big one to me is that anytime retail are offered most of a PP. Run....
The options I see now are
Dissidents win and dilute and still have the problems AE had as well as the expenses of his severance.
Like I said I think AE has his next property ready to go should he lose and he can flood the market with his Zen shares on the way out the door with his severance
AE wins and you see dilution with a possible refocus on nickel
Either way, I see retail losing and it sucks.
Good luck and I will go back to not posting, but occasionally following with interest.
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