if u did your own dd and would read the dd already done instead of making me do it again
as i said the pps at the time i posted that was the lowest in 11 years despite zn having confirmed an active petroleum system for the 1st time!!
it is illogical and a result of the concentrated attacks against zn since announcement of oil feb 13 for zn to have tied the lowest pps in 11 years when they were closer than ever to a commercial find
just bc somebody says there's no oil before a well is even spudded does not make it true
just bc somebody says theres no oil before a well even reaches td does not make it true.
just bc somebody says theres no oil before even 1.5% of the depth is fully tested does not make it true
just bc somebody says its over,again without any facts to back up their statement, does not make it true
none of the premature prognostications of zn's death-unsupported by facts-have been true
even a broken clock is right twice /day as u yourself have said-so if somebody attacks every stock etc at every angle without dd to support those attacks eventually they will be right -but by accident only
just bc some said zn would not be able to raise any money under these conditions did not make it true
these allegations are made against every company on these boards-doesnt make them true
zn just raised 5.3 million under these conditions- enough to finish testing
even a baby knows a developing co's value is not based on present assets/reveune,of which zn has now capitalized over 40 million
a developing co's value is based on the direction and promise and inferred net present value of future sales
jryan and others have posted the future value of product many times
at the sub 1 dollar pps at the time i posted that, many co's have no revenue
i've seen co's as high as 20 dollars pps w no revenue
there are probably co's at .85-1.00 pps who dont even have a product
i've seen co's boast of millions of revenue in the next year when they didnt even have a product or any equipment or any means to acquire any equipment!!
its amazing and perhaps unique that zn has only some 60 plus million shares o/s
very few co's even survive 5 years,let alone 18 years,without revenue.
the fact zn has is historical testament of something different here,which says something about inferred future value
if i could find a co which had lasted 18 yrs w no revenue it likely would have billions of o/s shares
zn only has shares in the low 60's million
Imo. Do your dd before investing. I'm not a financial adviser nor compensated for my posts. They don't believe what they say, so why should you?
