Update from Gold Investment Letter Zenyatta Ventures
There's a lot of news coming on some of our long term positions and gold and the miners continue to rally. First I want to bring to attention a significant piece of great news from Zenyatta Ventures (ZEN.V/ZENYF) that was released mid day yesterday and some people may have missed it. Shortly after announcing the closing of the $2.11 million financing, Zenyatta released a collaboration deal with a quarter of a billion dollar Canadian fuel cell company, Ballard Power:
http://www.zenyatta.ca/article/press-release-1387.asp
It is indeed a big deal considering that this is a substantial 3rd party validating some of the unique and valuable characteristics of the Albany high purity graphite. I posted the highlights down below in this email but it worthwhile for investors to read the entire news release. I believe that ZEN is about to start performing very well again now that the financing is behind us and there seem to be many irons in the fire as it pertains to potential end users and partners.
Watch for Zenyatta to trade back to $2 plus in the near term. I'm bullish and excited about this company and feel that the investment community still "doesn't get it". Once they do, we will see a much higher share price again. Current prices coming off the low $1's haven't been seen since early 2013, yet this project has been substantially de-risked since that time.
I am publishing a new Seeking Alpha article on Zenyatta Ventures shortly and will circulate it once it is released. New subscribers have an opportunity to take a position at a very good price right now in the mid $1's and long term shareholders should consider boosting holdings cheaply as well.
