then as the previous 3 of you have alludded to: (paraphrase) "....ZEN won't be around because of takeover....."

then I look at the tonnage, price/ton, etc etc...

So my next question is:

Why is Zenyatta not trading at a massive "buy out premium" if it's a foregone conclusion ?

A conclusion I've read on many boards too.

Zenyatta should be at "$50.0" if it's weeks away from buyout.

IF, it is not bought out, then it will need cash

could there be more news on this second drill program announced in December ?

probably.

500,000 tons from 'veinlets' ?

I'm new today so dont bring out the swords just yet.

Just an honest, and important, DD question on Cash needs, burn rate, Interim Financials and MD&A.

according to SEDAR.com

Zenyatta has $2.5million cash as at December 31, 2013

according to the February, 2014 MD&A , section "Expenses"---in my calculation they will burn that cash in under 3 months.

(this question was raised elsewhere so I took a look)

Has anyone asked the company what their intentions are to raise cash ?