Post by
MolyMadeMeRich on Aug 27, 2011 5:51pm
Mike Magrum & management
Hi folks, I know the manamement team has been under fire here, especially Sir Charles. But I really believe Mike Magrum is calling alot of the shots with Zone. He has plenty of good experience in the trough, and has brought on some exceptional peops to the board with tremendous past success with adrianna.
I've done some back of the napkin calculations on the historic drilling, combined with the low float of shares. Added in the znr as a area play with BIG players in the region, plus a pro-active government and I come up with a multiple on todays shareprice of 5-10 X.
The trough, seems like it is going to be exploited over the next decade and finding Zone here at the starting line is priceless IMHO. For .15 -.17 cents its as good as it gets with the penny crowd. But after some HUGE holes(200-300 ft of high grade) and a fresh 43-101 report due over the next 6 months. ZNR going higher....ALot higher..GLTA..MMM$
Magrum = money.....Moly likes money...:)
Comment by
slaveonfools on Aug 28, 2011 5:27pm
Looking at Adrianna resources with a market cap of about 161mil I feel Zone has a little catching up to do with only a 5mil cap, and with the small float it should move quick with the right news...