Zamia started reviewing regional exploration targets in August this yeat. And now the first half of 2012 will also include more regional exploration to identify targets.
10 months of identifying targets. C'mon, are they taking the piss? Like i said, these guys are on a go-slow. That loan from the major holder was nothing more than a lifeline while they dilute us on the Molybdenum project.
There will be no drilling with the company's current cash in bank. In my opinion.
So, based on that, i'm looking to exit this stock.
Oh, and dont read too much into the " we have had major resource companies looking to farm-in to our exploration tenements "... they all say that. That's a little sugar to keep you hanging in there.
ZGM Price at posting:
5.3¢ Sentiment: Sell Disclosure: Held
