Zentek Ltd V.ZEN

RE:RE:SrSpeculator...I Have Nothing Against ZEN or Its Management...

[2guys]

bigshipp88, i appreciate you wishing I would call and ask the company, but hearsay will always be hearsay, so quit asking me to call the company.

If I can get an email response then that would be different, but not always.

I do not call, or do I need to speak to anyone from a company I'm invested in as I can see by their public announcements what is real, and what is just promotional fluff.

I once got an email from the CEO of MVN who were at the time drilling an explorational hole in Argentina. It was taking a lot longer than the company implied in their news releases, so I asked the CEO if something was wrong with the drilling.  The email answer, which I still have on my hard drive was that there was no problems.

A short time later (6 days) they announced the hole had encountered problems and the well was suspended.

So, thanks for your  concern and wanting me to get an answer from the company.  I did the same thing with American Manganese, Sola Resources, etc, and it was the same hype as all of them, with the end results being totally different than what was discussed. 

If I was a long term shareholder here, my main concern would be what happened to the bulk sampling program announced April 25.  Why no update on that?  Good luck, and have a great long weekend. 

Here is my correspondence with the CEO of MVN back in Dec. 2010, just so you know I'm not lying.  JMO


From: xxxxxxxxxxxxxxxxxxxxxxx
To: warkentin <[e-mail]>
Sent: Wed, Dec 8, 2010 5:11 pm
Subject: RE Current Drilling
 
Hi Mr. Warkentin
 
I'm an investor in Madalena and very excited about the potential of you properties in Argentina.
 
I haven't tried to contact the company before as I've been rather comfortable holding.  I should say I've only been a shareholder for a couple months now, but am anxiously awaiting the completion of the Curamhuele X-1001 exploration well.
 
Today's last minute selling of stock was a little disturbing and I was wondering if there is anything of concern with the current drilling of the Curamhuele X-1001 exploration well. 
 
Would you be able to tell me how things are going with drilling of the Curamhuele X-1001 exploration well.  Has there been any problems with drilling? 
 
I would suspect that the well is close to TD by now.  Do you have an approximate timeframe as to when TD will be reached? 
 
Hope you understand my concern.  I'm hoping that today's last minute selling was not attributable to anything wrong with drilling.
 
Thanks in advance
 
 
 
Hello Mr. xxxxxxx 
 
All is going fine, just slower than we were hoping on the drilling of that well. It is in an exploration area and things are not as predictable time wise as a development well area
 
Yes, the drop in price was curious to us also, but then again so was the sharp rise on Monday.
 
There are an infinite number of reasons from a lot of investors that dictate why there are sellers and buyers at the various prices. The ups and downs could be speculation as no press releases for a couple weeks, or on Argentina news or general market conditions.  I am afraid I can not help in that area
 
I just looked at the history now, on closing prices,
 
Last Wednesday-Friday: .77   Monday:  .87   Tuesday: .86   Today: .77
 
We will report to our shareholders when we have any significant news
 
Thank you
 
Dwayne H. Warkentin
President and Chief Operating Officer
Madalena Ventures Inc
441 5th Avenue S.W
Calgary,  Alberta T2P 2V1
 
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