Zenyatta Ventures Ltd

in response to Cinema Show's message

At PDAC, Aubrey stated that discussions with strategic partners could not begin until the PEA is done and that there would be steady news after the PEA. I do not think that has changed and expect some news in the next few weeks. According to the National Post piece, ZEN going to be drilling in the next quarter so we need money. I would not be surprised if something was not already lined up with an end user or miner but it needed the PEA before being finalized. With a fair value of $3.50 right now post PEA, only this financing thing is really holding ZEN back from a fair valuation. If they do announce a financing deal with a "Tesla type" for 10% of the company, I would expect a huge boom in our share price.

G.

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glorieux
City
Welland
Rank
President
Activity Points
44835
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Date Joined
10/23/2007
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Zenyatta Ventures Ltd
Symbol
ZEN
Exchange
TSX-V
Shares
62,884,284
Industry
Metals & Minerals
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