1. Had a big cash spend in 2011 drilling and doubling the resource 4.5 M in Cash. Will be more like 1M in 2012. 2. They need that JV to get the feasibility study done. 3. No Major shareholder Selling/or buying for that matter 4. Each share is currently worth a pound of Moly $15.00 per share . Ok why is it 0.43C Share. 5. Chocolate Biscuits. 6. Resource Upgrade expected in 2011. 7. Major backer was granted his 8.5Cent shares in lieu of Loan.
I can see activity in the coming months pretty sure the major shareholders will want to spike the price to get the best offer from the potential JV . Only way they can do that is buy on market - Theres been far too much Sophisticated Cheapos going on. Time for the Major investors to stand up and be counted !!!!!
Apart from that Ken Maiden was at an absolute loss to explain the SP . Well start buying some stock Ken with the $1100 a day your getting : )
ZGM Price at posting:
4.3¢ Sentiment: None Disclosure: Held
