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tranquille,
Regarding your chart - it reminds me very much of the Probe Mines chart just before they sold the Borden Lake project to Goldcorp. People were getting discouraged because nothing seemed to be happening for a long time. Lots of selling out and complaining that management was not working hard enough on the forum. If I recall correctly in the Probe case there was a bit of a run up prior to the buy out. I was down a lot on Probe for a while, but in the end made a lot of money.
Fundementally I believe we have a good story with Zen and I remain optomistic. Waiting patiently for the run up to begin.
Pilgrim
It is a little painful. I can't say with certainty what goes on in the minds of those deciding to buy or sell. My thought is that the big money takes time to analyse a PEA and get the approvals/concensus to start accumulating. I have seen this before where it takes a week or two for a stock to start to move in the right direction after a positive announcement - maybe longer in summer vacation season. Meanwhile we have a lot of small investors - some perhaps in too deep, who were expecting a big move up with every good news announcement and panic sell when the price doesn't move as they hoped on the news release.
I think the story is still good, even great. I added another 25% to my holdings this morning.
Couldn't resist - Picked up 3000 more at $2.26.
I find the concept of using light sensitive compounds and lasers to cure cancer fascinating. The initial test results with mice already validated by an independent research group were nothing short of astounding in my view. If similar results are obtained with huiman testing scheduled to start later this year I can't believe that this companies stock price won't explode higher, plus who wouldn't feel good about investing in such a worthy venture.
Just put an order in for 10,000 shares at half a cent. It shows as open in my account, but when Iook at quotes on my TD account it still shows no bids. Perhaps something messed up in the system?