I understand how shells work and ZEU is doing just as expected. Minimising costs whilst reducing their unwanted tenement exposure. Keeping just enough to remain active whilst looking for an acquisition. No different to how any other resource shells do it.
It is not in the directors interests to see it suspended. They are not drawing large salaries and they will want the stock trading and at higher prices to raise capital for the deal.
As I said anything in Laos from a <$2M EV will be a nice return.
You might wait a week. You might wait 3 months. But I've seen these sort of shells run 300% to 500% in recent weeks on not much at all. Laos is home to some very high grade gold and cheap opex. I am happy to continue buying and wait for a deal. Haven't had too many of these low cap shells turn bad on me and none looking for gold.
ZEU Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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