Seeking Alpha

Zenyatta Ventures Ltd (ZENYF)

  • Aug. 28, 2013, 6:02 PM
    • Zenyatta Ventures (ZENYF.PK) - with no revenue and no earnings - has soared 1,700% in the past year after discovering a graphite deposit it says may be among the world’s most valuable.
    • Zenyatta plans to release a formal geological analysis of the deposit later this year and complete a preliminary economic assessment in 2014 to find out if the deposit can be exploited profitably.
    • Cliffs Natural Resources (CLF) holds a 10% stake, providing a credibility boost.
    • “There are doubters only because it’s hard for people to understand the deposit," says an analyst at Industrial Minerals Data. “Its size and formation is unique.”
    | Aug. 28, 2013, 6:02 PM | 1 Comment
ZENYF vs. ETF Alternatives
Company Description
Zenyatta Ventures Ltd., a junior mineral exploration company, engages in the acquisition, exploration, and development of precious and base metal properties primarily in northern Ontario, Canada.