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


To: Siegfried who wrote (5769)1/2/2016 8:37:18 PM
From: GrumpyGus3 Recommendations

Recommended By
hoperrs
jiggydo
the Chief

  Respond to of 5988
 
I guess it's obvious you guys have formed your opinions and are dead set against any consideration of alternatives. And I suppose it explains your dogged determination to hang on to ZEN regardless of how low it may go.
I loved ZEN like you guys do for about 2 years. Rode it all the way up, adding right into the $4's, which was a mistake in hindsight. But everything released was a positive, the resource was huge, and the warrants cashed them up. But unlike you, I couldn't afford to ride it all the way back down. So as the price declined, so did my holdings. The PEA was the final straw. Everybody was talking about how it would knock your socks off, that it probably included much work needed for the PFS, that it had many studies for specific requests from end users and the NDA signatories. But it wasn't great, it had no extra work, and after an initial bump on low volume, the buying public let it be known that ZEN had come in under the bar that had been set.
That's where I have matured as an investor. In my early years, I would have held on and hoped that it would turn itself around. I had done that with a few stocks early on, and it took the internet stock bubble to get my head above water. So I will not let that happen again, and the result is I don't own ZEN since the low 2's, and won't buy back until some of the issues discussed on these boards are resolved.
You could benefit from this situation. Go and read up on the ZEN criticisms, and go and read the NRs of CCB. I know you probably won't, but you might get a bit better feel of what both arguments are about.
I wish nobody ill luck, and I know advice on stock boards can be suspect, but I find some of the posters on these boards to be well worth paying attention to. Most of the ZEN supporters haven't gotten on that list yet.