Great news. But unfortunately the market did not respond. Maybe the maeket knows that the company is going to be quite for a little while.
"We are excited about the potential of the Girard Project," stated Charles Desjardins, President and CEO of Zone Resources. "With numerous magnetic anomalies over an aggregate length of 75 kilometres, we plan to focus Zone's initial 2012 drill program at Girard. While our initial work will continue to focus on magnetite iron formations, the historical information has lead us to believe the property has excellent potential to yield higher grade hematite rich zones which we hope to begin to follow up on later in 2012."
However, the bottom line is that befor the sp shoots up, the management must not raise money by anouncing cheaper pp.
Shellfish