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Zentek Ltd V.ZEN

Alternate Symbol(s):  ZTEK

Zentek Ltd. is a Canada-based graphene technology company. The principal business of the Company is to develop opportunities in the graphene and related nano-materials industry based on its intellectual property, patents and unique Albany graphite. The Company is focused on the research, development, and commercialization of graphene-based products. The Company's technology helps filter and deactivate pathogens to reduce the risk of transmission. The Company is focused on commercializing ZenGUARD, which is a hydrophilic, water attracting coating that adsorbs bacteria and virus-laden aerosols and deactivates them, increasing public safety, and reducing the risk of transmission of COVID and other pathogens. The Company is developing a graphene-based fuel additive that can reduce greenhouse gas (GHG) emissions from diesel and bio-diesel fuels. The Company’s developments include Aptamers & Rapid Detection and Graphene-Oxide Synthesis & Graphene Synthesis.


TSXV:ZEN - Post by User

Bullboard Posts
Comment by Doingmybeston Oct 16, 2013 4:18pm
269 Views
Post# 21821444

RE:RE:RE:$2.50 + close

RE:RE:RE:$2.50 + closeSorry dude, fundamentals and stock price aren't always correlated. I personally don't see how a junior miner that has no 43-101 or PEA deserves a market cap of 300 million, but that's neither here nor there.

How does it get to $3.00 by Friday? You never answered my question. My research says $1.75 is more likely than $3.00. $2.50 has now become a technical resistance as it was rejected earlier plus it is the 200 MA. $1.75 was the last support before the run to $5.00. With a dead-cat bounce this morning (that turned into a loss at close), a negative MACD, and a share price beneath all the MAs....you have a stock with no current home. $1.75 retest and then we see where she goes are my thoughts... If it can bounce off of $1.75 and hold that, I'll believe it can roll again. A breach of $1.75 and it should make a new home at $1.00...pending news of course. 
Bullboard Posts