Zenyatta Ventures Ltd

in response to Sum4All's message

"Only as high as the anticipated yearly profits would allow and that would be......? So far we're only talking about being bailed out of the initial expenses...not profit."

I would still expect ZEN to have a 7% market penetration even after a 10k per year off take. Actually, would expect 10% which would be 40k tons per year, 50k per year total mined. At 40k per year at $8k per year margin, that would be $320M in profits per year for something like 30 years+. At a PE of 10, that would be about $52 per share if ZEN was not bought out and we got to full production without hickups.

Our price here is stupid and is a table pounding buy. GMP has been a good buyer today, 58k shares last time I looked. Another institution that can see through the BS.

choo choo!

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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