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Gold/Mining/Energy : CCB vs ZEN truth board -- Ignore unavailable to you. Want to Upgrade?


To: NuclearCrystals who wrote (1317)12/30/2015 5:38:37 PM
From: the ChiefRespond to of 12350
 
I think its easier then that personally. Its been Met issues from the start and it will be Met issues in the end.
I think as long as they prance these little samples around to companies they can keep releasing NRs that state "equal to, as good as, etc".
My spidey tells me there will be a very longtime between now and pilot plant day. Perhaps never.
If they did not exercise and I think if they had today would have motivated them to be no longer "late", then there are a couple of reasons not to exercise.

1) you feel you cannot sell enough to cover the capital gain without wrecking your own share price
2) you feel that there is no way you would ever get your money back that you would have to commit.

Solving the first issue is easy, take the money ($250K) for getting ZEN in position of a PFS and pay the gain or heaven forbid pay out of your bank acct.
The second issue is more difficult. If you believe you would be "stuck with the shares" and would not get your money back, then you know something you are not telling anyone about.
Perhaps you burnt all your bridges for financing? Perhaps someone called and said I will lend you money if you can get ONE of your many NDAers to cough up cash. Or perhaps its the MET issues and SGS has been unable to figure out how to run a pilot plant with ANY hope of success.

I think Glorieux gave us insight to this when he shot his face off that ZEN may embark on other forms of testing including thermal.
Maybe just maybe all of ZENs investors were tree huggers and they got wind of a change in the air. Perhaps its time to quit the Green BS and fry a few baby ducks? Who knows.....my bet is MET. My opinion only.