dear board and directors of zamezi resources -
could you please either confirm or deny whether you have shifted your business of mining for base metals into mining for the yellowcake uranium in the past ?? And could you please confirm that your operations are still focused in Zambia( a copper fronteir mining nation ) as opposed to mining in Japan -
Please excuse the sarcasm Zambezi Resources, but the selling pressure being experienced on ZRL atm resembles a company directly affected by the reecnt disaster in Japan- I am astonished that a company with great copper results from your recent drilling, with further drilling results to come out very soon should be experiencing such downward pressure-
As a personal suggestion, may i suggest you blow the market away with high grade copper results to allow the birth of an emerging mid tier copper producer amongst the natral disasters and carnage being experienced on global markets -
Sidenote- After watching Sunrise the other morning a chief economist made a very interesting note which blows some comfort to base metals explorers/producers amongst a very gloomy Tokyo- He mentioned that the area affected by the tsunami was once a very very populated area with many industrial building/cars/houses etc. Now he went on to highlight how such a bad natural disaster would do nothing but bolster the Australian economy and producers of base metals and resources- Why ?
Japan will be hungry as ever to rebuild the darling Toyko to its once very industrialised nation. Its the time that explorers and producers of base metals will benefit from the rebuilding of Japan and should ZRL be able to prove up a very profitable copper project in Zambia, we could definantly be many times the sp we sit at today amongst the carnage being experienced of late -
Many like see my posts of late being very one sided and very optimistic towards ZRL despite its poor strength on our local market of late. The truth is that I am not any less confident of our prospets even though some have given in to selling pressure on previous tradng days. I am not doubtful for one moment that some may have sold their holding in this company to buy for example other uranium stocks which have come under considerable downward pressure
Thus highlighting that its not that ZRL has become any less of a buy to some investors- just that they see greater opportunity in other oversold stocks. For my money, I see too much upside in ZRL to sell this stock to make a 10%-20% profit on another - High grade copper intersections-open at depth-over considerable strike depth-in a once copper reknown producing region is enough proof that the rewards outweigh the risks on this one -
dear board and directors of zamezi resources - could you please...
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