Planning for the end game I have a feeling that everything ZEN is close to unfolding and things may happen fast when they do start. We have had a small taste of it with a few NRs since February 12th and a 78% rise in the share price since we hit the bottom at $1.05 in December. As the share price will rise, many of us will be tempted to take some money off the table. Big money has been on the side line and waiting for the complete derisking of this project to happen. They would rather buy at $5 with a PEA out then sub $2 without a PEA. Some of them have this as part of their mandate in the funds they administer. We as longs who have bought and held sub $2 took the bigger risk and deserve the bigger payoff!
If we are right about ZEN, smart money will be happy to buy at $3 or $5 or even $12 if the fundamentals prove to be what we think. It will be very tempting to take some money off the table as the price moves up and that is a smart move financially, as long as it is done as part of a plan and not an emotional reaction to making more profits than most are used to. It sounds silly but some people just get in the way of them making money.
Now is the right time to make a plan. What ever works for you is fine but by making a plan now when your emotions are easy to deal with and then sticking to that plan when the pieces of the ZEN puzzle come together is the best way to be sure to get everything you deserve out of ZEN. Considering what we have all been through as longs, we deserve everything we get from ZEN!
Good luck with your planning,
Glorieux