Over on the Disinformation Board, a poster calling himself David R posted the following: Message 31779765
"Zenyatta’s market cap is 31 million and Mason has a 137 mil market cap. If we put them as equal Zen’s share price should be 2.06. "
David R - On what basis do you believe ZEN is "equal" to to Mason Graphite? Zen's graphite is less pure, has smaller flakes and is MUCH more expensive to access and process.
Remember that ZEN is still STUCK trying to establish an economical flow sheet even though it has already abandoned GREEN, Cleantech, the proprietary Caustic Process, and High Purity and is now talking about returning to the pre-PEA level of development.
You might want to compare that to the following from Mason Graphite.
Environment:
A full Environmental and Social Impact Assessment (ESIA) was conducted in 2015 in order to obtain the necessary permits for construction and operation. The report for the ESIA was filed early in November 2015.
June 6, 2018 - Mason Graphite is pleased to announce that it has received the governmental authorization, via the issuance of Decree 608-2018 by the Québec Government, for its Lac Guéret Graphite project. Under the Québec Environment Quality Act, this governmental authorization is the main permit required prior to commencing construction activities ...
Geology:
A second mineral resource update was produced at the end of 2014. The results of this update were reported in a NI 43-101 technical report.
Mason has almost 11 million tonnes of proven (3.38M t) and probable (7.42M t) high-purity, large flake, low cost graphite.
Metallurgy:
A bulk sample was collected in 2014, leading to a full pilot plant test at the end of the same year.
Economic Studies:
In 2014, trade-off studies were conducted and the results of these studies were integrated in the full Feasibility Study conducted in 2015.
March 20, 2018 Mason Graphite Inc. is pleased to announce.... a $12.2M purchase order issued in December 2017 covering approximately 30% of all the required equipment for the processing plant. This order covers key equipment with critical delivery schedule such as all the mills, flotation cells & columns, thickeners and filters.
First Nation Relations
On June 16, 2017, the Company and the Innu Council of Pessamit signed the Mushalakan Agreement, an Impact Benefit Agreement ("IBA") resulting from the 2014 Cooperation Agreement between the parties.
Results of Operations
The Company’s PROFIT is $894,324 for the three-months period ended March 31, 2018. |
