RE:NEWS RELEASEhigh2 wrote: However their 43-101 and recent PEA proved that their deposit is uneconomic and no real industry players want to fund it. They did manage an excellent stock promotion out of the initial hype though.
High2, peeps here seem to think you are 2guys... I dunno, and I don't care.
What I do care about is the posts riddled with logical fallacies and other contortions of reasoning to dissaud or scare investors. It in no way follows that because one company ended-up with an uneconomic depostit after completing the their NI43-101 and PEA, although they initailly had a lot of success on the TSXV due to a successful promotion campaign, that another company, such as ZEN, which is never engaged in newsletter write-hyped promotions campaigns, will end-up with an economic deposit. Seriously, I am even impressed that you can think-up this contorted chit. The truth of your premises in no way guarantee the truth of your conclusion, in any way, which can be most simply demonstrated by many counter examples - your reasoning is logically invalid.
In fact, what is interesting is that ZEN has had the success it has, and ended-up with $12M in warrants being excercised, without the help of the hypster newsletter writers, some of whom have even published some even resorted to publishing or stating very negative things, which were shown to be inaccurate or erroneous, because they missed-out on ZEN.
All ZEN as done is speak about and publish its results from independent research and testing labratories. It is had the success it has simply because of intelligent people have done their DD and come to the same conclusions as the independ research labratories and ZEN itself. i.e., that ZEN has discovered a very large resource of of a very rare form of hydrothermal graphite... No hype, and nothing more than the just the facts. Anyone who has taken the time to understand anything about graphite can easily appreciate that this desposit will be, in the worst case scenario, quite profitable, and in the best case, phenomenally profitable.