Never Saw You this Desperate the_Chief...Larger Scale Testing Needed...My view has always been that the price of Zenyatta got way ahead of itself,and I still believe this, and the price action seems to be reflecting this as well. I believed this to be the case when the price popped up and moved above $4 for the first time.
Greed is a good thing, but when it gets overblown, then it just gets overblown. That's what I believe happened and is happening here.
The fact is that Zenyatta's project is at a very early stage and the market got ahead of itself, IMO when it gave ZEN a market cap of $350 million making it seem that what happened in the lab, will indeed happen at a future mine site.
What happens on a small scale test, is not necessarily what will happen on a larger scale test. That is why they have larger scale testing is it not?
Once they get a pilot plant set up, which won't be until much later, then those results should hopefully dictate how the process will work, and what other variables may be needed to achieve the results at the bench scale, if it's possible.
Only then, will Zenyatta know if the project is economic. Until then, they are doing things right, but the price, IMO is still way ahead of itself.