ZNC zenith minerals limited
Add to My Watchlist 6.25% ! 3.0¢

I figure that the company is out of cash come November so we...

  1. Pete01
    1,136 Posts.
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    30/08/12
    06:27
    Post #: 10643941
    I figure that the company is out of cash come November so we should see cap raise in the next 2 months.

    No further mention of site inspections or anything to do with finding/sellibg Mt Alexander in the last qtrly - so that coupled with the SP I'm guessing whatever deal was on the table is now gone.

    They really should get on and raise funds sooner than later. Next thing you know they will be raising $$$ when the SP in 10cents.

    Anyone have any thoughts?
    ZNC Price at posting: 22.8¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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3.0¢ 		Change
-0.002(6.25%) 		Mkt cap ! $15.88M
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