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Gold/Mining/Energy : Zentek Ltd. -- Ignore unavailable to you. Want to Upgrade?


To: Antlizzie who wrote (17533)12/11/2018 12:25:48 PM
From: David R.1 Recommendation

Recommended By
Canseco

  Read Replies (1) | Respond to of 54160
 
The most important part is meeting targets and it seems they have.
I still want to know more about the Met Report. God will we EVER put that passed us. That target is late. I want to see at least something about that before the end of the year.



To: Antlizzie who wrote (17533)12/11/2018 1:23:52 PM
From: Jayfish  Read Replies (1) | Respond to of 54160
 
Liz
Dilution is something to fuss about, but necessary at times. I am more concerned about the flow thru shares as they are often dumped after the hold period. A 40:cent FT share probably costs the buyer about 20 cents after tax considerations.

My real concern is that CRA will rule the Drilling ineligible to qualify for FT. There has been much talk of this bulk sample being used not for testing but rather mineral extraction for the purposes of commercializing the project . This would be great but at this stage promoting the drilling as such could cause problems.
FT financing was created for exploration and grassroots projects not for mining

I have seen this before and after a CRA ruling the company had to cover the tax liability for the shareholders.
However as you said Lizzie have to wait and see how the market reacts.