Hey Hoov, Tell Us the_Chief Isn't Lying, or Being Misleading or Just Plain Wrong About the Following...Since the_Chief doesn't want to "man-up" and admit his mistake, tell us what is right or wrong about his statements in his posts which were in regard to the delay of purity results of the 5 tonne mini bulk core sample?
Why does the_Chief believe logistics are delaying purity results when the testing is being done at SGS Lab in Lakeview Ontario and NOT in Australia as he suggests?
Why does he imply that there will not be any news due prior to the AGM because we are so close to the AGM? There is no blackout period for news.
Is it not true that material news can be released at any time even the day prior to an AGM ? There is nothing that can hold back material information unless the company wishes to delay in order to release further results. From my experience, good news is always released asap when received. Bad results are released as late as possible. Of course there are exceptions.
Anyway, the following is the thread about the delay regarding the 5 tonne mini-bulk sample and the_Chief's remarks why the delay.
You tell us, if it is true what the_chief said, or whether he's misinforming.
August 21, 2013 10:29 am
I guess this new call makes last week's call of being the last opportunity to get cheap shares invalid eh?
So does it also make this week's news a no show as well?
You have to wonder what's taking so long to process the 5 tonne mini bulk sample from cores that was announced back end of April.
They either don't have enough samples, or there's an issue with purity. I'm sure this will get answered soon enough, but at the very least an update is warranted.
So far, nothing in the form of a public release. That's what's needed here IMO.
August 21, 2013 10:37 am
Nope, every week for next 5 weeks, ZEN will close out the week with a higher high. So getting cheapees is done. Sure TD/ANON will play their games and whack it during the week but it will close higher high on the week.
Funny how delays are always bad news to you lol
Logistics of having to send this stuff to Australia were bad. Still are. Now facility in Van set up it should be faster.
Its not difficult to determine why we have no release at the moment. ZEN like any other stock this close to an AGM is going to release everything in one fell swoop, catch the shorts flat footed (which by the way is down 134K from last report of shorts)
Then we go to AGM setting no highs. We will be over $5.00 for the AGM and setting higher highs by end of next month. Thats the forecast.
August 21, 2013 10:49 am
The reason I believe delays are negative is because they usually are when it come to releasing results.
Are there exceptions? Of course, but it wouldn't be out of the ordinary to release an operational update and state the results aren't in as of yet as you explained.
The price seems to be consolidating, so that's not bad. It's covered the upward gap, and if it holds $3.89 I would say that is good as well, but without news, or at least an update of why there's no results yet, then I don't know how this will keep setting higher highs, IMO.
Time will tell.
AGM
August 21, 2013 10:42 am
Amazes me that the astitute bashers did not figure that out. What EVERY company does that has good news this close to AGM is let it pile up, ie do not take delivery of your results, so you are NOT witholding material info. Then take delivery just before the AGM and whack every dumb short out there. Have a wonderful AGM and watch the stock climb.
So for the bashers that have not figured that out yet, Just watch ad learn.