lead effect, page-7

re: email reply from zfx rep sorry was lil harsh , but exploration takes time! mr market will only pay a 7-8p/e when it realises it has more mine life..it doesn't have to get it into production, just add it to % resources that is all....like a few decent size exploration hits around century will do..i wish they gave us constant news flow about wat is going on with the drilling..no update for a while ?? Do we have to wait 3 months for each quarterly to get an idea?

that is the big difference between zfx and oxr(superior mngmt), ox ramp up the stock whereas zfx just let their cash do the talking.

I am a retail investor in your company. Just would like to suggest to
you a few things:

*
Dear ZFX management

Am pleased with your growth of late. I believe you are well poised for
a 2nd leg of growth. I feel you need to address the heavy discount on
your value applied by the market, due to perceived lack of mine life.
Sure i believe exploration will help long term, but i feel you guys are
in dire need of doing an acquisition to help get rid of this perception.
This is why the shares are trading at a 2-3p/ex when other resource
companies like BHP/RIO are at around 8x earnings.


Dear XXXX

Thank you for your feedback. We have announced a strategy to grow the company which includes a pre feasibility study of our Dugald River zinc ore body as well as exploration and we also look at merger and
acquisition opportunities but only if they will deliver increased shareholder value.

***

my concern is that dugald river is not that great due to its heavy impurities, smelters don't like this. Its better for them to get better projects into production i think!