Zone Resources Inc. V.ZNR

financning and insider selling

[hairpin1]

While all these new property aquisitions appear to have some real merit insider Gordon Jang continues to sell which is disturbing and no insiders have bought any real amounts of stock which is also disturbing. In addition raising enough money to pay all these large aquisition costs and money to work this large land package tells me a larger financing is in the works. This will be vey dilutive to the stock.

[Clint007]

But the value of this Iron Ore area is going very high and far to be over.It is adding value to any companies and holder.In fact I bought some more I'm  averaging up.

[mineralriches]

Agreed Clint.Even with any possible dilution with another financing ZNR's land area in the Labrador Trough close to Scherverville and Labrador City Iron Mines (see news releases) is attractive enough to launch stock to next level with more property development. (all companies mining or otherwise especially mining need to finance thru the markets to raise money...not a bad thing