Zentek Ltd V.ZEN

Dream on Dreamers

[jiggydo]

This board is very enternaing from bagholder posting dreams .

Keep banging out your dreams .

[steakhouse]

Jiggy - I thought you might pop back up with the recent pullback of ZEN stock.  Here is your chance to purchase some now, you know, just in case. Steakhouse

[jiggydo]

Steakhouse , my 1, 2 , 5 , 10 day chart and 1 month chart sugguest down .  Think I will follow facts rather than a dream .  Too many other stocks with a dream that may do much better .  Fib 38 % looking for more downside  https://cdn-ceo-ca.s3.amazonaws.com/1g1e3ib-zen2.JPG

[steakhouse]

Jiggy - You were saying the same thing when ZEN was at .26.  Where is it now?  Comon just buy a few shares, you know, just in case. Steakhouse

[jiggydo]

Steakhouse , leave it with me . If I see a setup that is not there yet 

[Basicmath]

Lol! It's gone from .40 to $3, but you don't see the setup to buy yet?! Lol Hopefully you can spot the setup better than you did at .40 Ray! Lol

[steakhouse]

Charts, farts Jiggy.  What did the charts say last September when ZEN was around 30 cents?  The stock would be at or over $3 today?  Heck no because you would have bought zillions of shares if you believed in charts.  So now you believe the charts because they say ZEN will go down.  Really. Just buy a few shares, put them away, you know, just in case. Steakhouse

[steakhouse]

Let me do some math for you Jiggy.  I have been telling you for a long time to buy some shares, you know, just in case.  I am sure I told you this when the price was near .30.  If you have purchased just 10k shares of ZEN for a mere $3,000 dollars, you would have a $27,000  profit right now.  As Mr Gadget would say - Wowzers.  So take your charts and burn them as they

[TheGreatTZero]

jiggydo, you are the biggest loser to ever post on a Stockhouse Bullboard.  You have wasted thousands of hours bashing ZEN only to see ZEN is rising from the ashes of the previous management team to a very promissing turnaround situation. Face the facts jiggydo.  Your bashing campaign has failed just like your marble quarry company has failed.  You have failed jiggy and it couldn

[steakhouse]

Damn The Great - You almost had me feeling sorry for Jiggy for the dressing down you gave him; Almost.  :)  If Jiggy would just buy a few shares, you know, just in case, I think he would be in a much better mood. Steakhouse

[SunsetGrill]

I sincerly hope this management team does not make the exact same mistake as Aubrey. I would assume they need some cash going fwd. They really need to strike while the iron is hot. and If they anticipate a higher share price then dont raise as much BUT RAISE SOMETHING!!! at the higher price. Do they need cash???

[Alex1967]

No they dont. They rasied money last year and should be cash positive by mid year.

[Swingtrader2]

Cash flow won't be enough to expand the business, medical trials or develop the mine. they will absolutely be raising funds at somepoint. short term dilution for long term strategic plan is prudent business planning.  

[Alex1967]

They are looking at partners to do the medical trials; they are not in the bio business. As for the mine, this will not happened for at least two years. They need to do the environmental assessments which takes a year, and they have not started the process because of covid.

[Specific]

nor are they in the mining/exploration business Aubrey fell into a bucket of sh!t and came out smelling like a rose with this deposit Zen will either sell or joint venture/royalty this graphite deposit

[SunsetGrill]

Ah Whaa? Do they need graphite to be cash flow positive (I would assume so as that is what they sell) - thats still in the ground isnt it?  Cashflow positive ?? How much cash flow positive $59.32  or over a hundred dollars. I think one needs to think as being a GLOBAL leader and for that significant money is needed. Either way they need to raise money so do it now at $3.00 and hope the

[Fishfeld]

Yes their graphite is still in the ground however it doesn't make sense to waste high purity graphite on a counpound that works with graphene oxide. They're buying that and have the patent on the compound. So they still have their potential revenue from the gloves and masks which is huge as an intellectual property. And then they're working on getting the mine running which will be

[Longterm777]

i doubt they will raise funds.  The Stock has moved up on the hype of new developments, and,  if the developments turn out to be less than robust, the lawsuits would come fast and furious. even though they could use the funds, it is safer to wait for more clarity.  

[SunsetGrill]

Holy Crapp What? - You are aware this is the Venture exchange right? Lawsuits - WTF are you talking about. So with your theory anyone who raises money cant let the stock fall below the issue price. Have you ever heard the term "the funds will be used for general corporate purposes" All you need is a backer and fools to buy the issue - there appears to be plenty of fools buying at $3.00

[Longterm777]

Dude, take a look at all the companies that are currently being sued.   Lawyers dont care.  you can try to hide behind "corporate purposes" all you like.  and lol... love the "All you need is a backer and fools to buy the issue - there appears to be plenty of fools buying at $3.00".  

[SunsetGrill]

Quite frankly I have absolutely no idea on how to comment on suech a broad ridiculous philosophy So according to you they are going to get sued if they buy the wrong pencils - So you might as well have some money in the bank via a raise. Would you rather get sued with some money in the account or not - otherwise they take the company - Get real And dont call me Dude 

[Swingtrader2]

Dude, if you raise funds on a certain premise and that premise was false or misleading you will most certainly be met with lawsuits....but as you say, "this is the venture exchange"... and after all this is Canadia.  Long term must be an American (trump supporter) no doubt; Canada is pretty soft. you are correct in your assumption that after the funds are raised it is too late

[gunzod]

[gunzod]

Could not help my self as your post said  it all thankyou.