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Strange you should say that. I was going to mention that I was impressed with the way she held up today (even went up a tad) in the midst of >2% drop in the DOW. Volume wasn't terrible, either. Who knows what will happen tomorrow, but I would suggest the following:
I would imagine that those who own shares know what this thing is worth. I can't imagine anybody foolish enough to give up shares in the teens unless Madagascar sinks into the sea. And even then, somebody will go after the 98.8% pure vanadium to mine it under water. With all of the forthcoming news, I can't imagine that people will have accumulated for nothing.
My only concern is that people will sell the news in the fall and keep the share price below the worth of the assets. But I don't see that happening until then.
Yes, I agree. That's why I think the PEA will go a VERY long way.
Wow, I really liked that article. Tons of information. It looks like we will do a lot for ourselves with a good PEA in a couple of months as lowering the project risk might put us in line with American. Can't say much about the country risk yet. With cash-starved politicians, we may have the greater country risk here.
Well that was a bit weird. Up almost 9% on 118 shares?
I expect history to repeat in multiples this year. :)
Thank you.
If I recall, they don't foresee an operating mine until 2013 or something like that. As for "economical," I'm saving my nervousness for the 3rd quarter when we are supposed to find out what the deal is.
This is by far the most volatile equity I have ever owned. It's also by far my largest position if that tells you anything...which explains why I'm still vexed with management for not buying their own shares. If it weren't for the huge vanadium find on the property...
I think it's the summertime blues. The company always drags down during this time of year without news. I don't think we've seen the lows yet.
Also, it depends on what's really happening internationally (at least in part). Interbank lending seems to be slowing. Interest rates are rising. Nobody is particularly sure what this latest episode of the Greek crisis will set in motion.
On the positive side, it seems as though the aerospace industry is getting a boost...which is good for vanadium. For the company, management did come through in a timely manner with the TSX listing. But the TSX listed companies have also gotten indiscriminately whacked for the last 6 weeks. ENZR wouldn't be any different.
With events occurring as they are, I don't think that management buying stock would change this decline in share price. However, I think that them not doing so sends entirely the wrong message. This has been a concern of mine for years, and I have to say that ENZR is on a short leash with me.
I thought the lithium-vanadium battery was supposed to be far and away better than just the lithium ion battery. That's why the article I posted was a bit disturbing.
I couldn't agree more. I've been saying that for two years.
No volume. I didn't anticipate that. Too bad as I thought volume would stabilize the price a bit. It's probably going to be a long and frustrating summer.
ROTFLMAO!!!!! I should have known that would happen.
I'll ditto that. I can't say I look forward to it...or maybe I do! ;)
I can ask for myself, and it seems that I most likely will. Although responding to a question from an investor is important, I would prefer management keep busy promoting the project. This in particular when I have heard no negative news regarding the TSX listing and still fully anticipate it to go through at some point.
Now, if anyone has information about the delay, so again, I do not need to interrupt management, if you are interested in responding, then please do. Or I will, as I stated before, simply ask management the question myself.
Generally, with few exceptions, the folks on this board are pretty decent and interested in the progress and success of the company. So I take information posted here with some skepticism (because it is a message board), yet with whatever credibility that I think is reasonable or due to the individual.
Mine was a simple question...you need not get smart.
I guess that chartists just don't know Energizer like the rest of us! :)
Seeing as it seems they are now late with the listing, does anybody have an inkling as to why? I could send a question to management, but I'm not going to bother if they've already been asked the same thing multiple times...
Does QualityStocks require that Energizer be on a major listing like the TSX? With many analysts, the pink sheets or the TSX-V won't do.
Nice chart update. Thanks.
I was thinking that, if it happened on schedule, it would happen within the first week of June. Just my thoughts when the news about the TSX first broke.
Why would people be selling into this strength if there was more strength to come? It seems silly to me to be selling in the 40's, but then again, what do I know?
I would like to think that they timed this news release to coincide with the TSX listing. The dates of the events in the news release were a couple of weeks ago or more; so they certainly could have released it then. There was not any critical information in it; just promising developments.
Another favorable event (like the TSX listing) would be great news this week.
One would expect. But the TSX-V didn't turn out in two months, so I haven't been holding my breath on this one. The TSX should have been easier, but I don't know if they ran into some delays with the resignation.
What does "higher head grades" mean? (last sentence) Do they mean hydraulic head pressure or something else?
The scoping study was supposed to be complete in the 3rd quarter. It appears now that they are saying EOY. The 3rd quarter was an important deadline to meet in my opinion. They should make every effort to meet it.
The share price won't have anything to do with the TSX listing. I thought it may be an issue with the market cap, but apparently not.
Quesnel is no longer a director, but he is still an advisor and remains on the technical committee.
ENZR will be drilling again for further delineation of resource in May/June.
There should be more news releases (besides the TSX updates) before the 3rd quarter.
Right now, it seems to me that the market maker is steadily moving the pps down. For the heck of it, I put in a sell order of 42 cents, but it never showed up at the end of the day range. However, I did see a buy order in last night at 15 cents. Give me 15 cents, and I'll take out a second mortgage...
Wow. Falling right through the bottom BB.
I wonder how much of this has to do with the FOMC meeting today.
Strange that Maser hasn't chimed in in a while.
I've only asked a few questions regarding the listing. I'll let you know when I have an answer.
I'm underwater now as well, but I knew that was going to happen. As far as I am concerned, the story is unchanged and I'm looking forward to getting past the summer pain and into the 3rd quarter study results.
What is it, another 30 days or so at best before we hear about the TSX listing?
Yes, that's why I invested as well. It's a long dawn out time line to get from where we were to where we need to be. In just a few + more months, we should have something on paper.
I was hoping it wouldn't retrace last year's movements, but it looks like it's headed straight for it. We'll be back at 25 cents before the end of May and 20 cents by August. If you're staying in, you may as well just hold your cash until July-August and buy/add again then.
Time to hibernate and not look at this thing for 3 or 4 months.
Well, I hope it doesn't take 2 (more) years for $2. There's simply too much happening in the world.
And just my opinion, but I don't think car battery tech is going to be a huge demand anytime soon. Most if not all governments are bankrupt, so I doubt they will be giving tax incentives for electric vehicles that are still too expensive. I think our demand will be from VRB's and structural steel in Chindia. But that's just my opinion.
Bywisdom,
I'm guessing that we won't get much from Objective Capital. They'll probably wait until the studies are complete before publishing anything new, and I am rather certain that they won't in any way mention the findings as a refutation of the Byron report.
These kinds of companies don't want to get into a confrontation with each other. Especially when hard data will be available in a few months.
I truly hope that ENZR ends up making Bryon look immensely stupid if they intentionally tried to harm ENZR and its shareholders through opinions that were damaging to our company for their own means.
Quesnel has resigned as a director in order to facilitate ENZR's TSX listing. I don't know that he should ever have been a director given his ongoing legal baggage. I take this as a positive thing.
Thanks, Tahoe.
So what's the story here? Byron came out with another negative report? I have limited access at the moment.
I figured the pps was heading down because of the markets and the usual no-news attrition until the fall.
If Byron had something to say, why hasn't Energizer refuted?
Hmmm. I didn't think of the potential insider trading issue. I suppose that would be true if there is a deal in the works. Personally, I would think that any potential 'suitor' would want to see the scoping study and the bankable reserve report completed before spending loads of money on this property. Unless, of course, they knew beyond any doubt what was there. I suspect that management's angle is to get a boost in share price through a TSX listing before accepting any deals.
Your comment brings up a sore point. Dundee's president sold out of all his shares late last year. Nobody knew why at the time. It knocked down our share price considerably. Then behold: Dundee got bought a few weeks later and they had to liquidate their ENZR holding down to 10%, which again killed our share price. And there is no investigation into insider trading there? And then shortly after, Byron came out with a negatively opinionated report about feasibility at Green Giant...before the scoping study even began. So opinions given in a report with limited information to substantiate. I wonder who gained on that one. It's no wonder ENZR's share price is hovering at 40 cents now, and will probably temporarily lose more due to attrition. If it weren't for all of this...we'll politely call it "nonsense"...I think our present share price would be at least 30% higher. Even after the summertime attrition that we usually see.
Hi Maser. Don't worry about what's going on in my head: her pointed comments don't hold any water with me. I was just making a poorly written analogy regarding skin in the game and the officers not buying shares of their own company on the open market. That they haven't has always been a sticking point with me. If they did, it would send a huge message out there. I think it's best right now that the number of people involved directly in Energizer (other than consultants) be limited in order to conserve cash.
And I agree with your statements.
My outlook for the third quarter is still very positive. I think it's just going to be frustrating until then. I hope not, but I don't see what news could really be substantive (besides an offer) that wouldn't seem like lame attempts to support the pps. Although the listing would definitely help. But that should be right before the third quarter if it happens. I'm trying not to think of the explosive impact should a number of positive outcomes happen at once. The more sobering reality is the trouble in Africa and the Middle East.
Advancements in VRB:
http://vanadiuminvestingnews.com/1382/advancements-in-vanadium-redox-battery-could-improve-economic-viability/
Nothing we didn't already know; just a different article.
SBJ1 has one decent point, and one only. And her comment needs to be tempered with the size of Energizer and their present progress.
She says they have 'no' employees, and that's cause enough for concern about a 'shell' company. I would suggest that having employees causes them to have 'skin in the game,' and a greater desire for success. However, I simply wouldn't hire people to do the jobs for which Energizer has hired consultants. So in that respect, her point doesn't hold much water. The other thing that I would like to see, and it's a big one in my book, is for the management to outright buy shares on the open market instead of granting themselves shares and options. That would prove to everybody that they mean business and that they really have faith in their efforts and the project. I have yet to see this, and it leaves a bad taste.
Regardless, I think that Energizer's path and progress are both favorable. I'm really looking forward to the next half-year.
If this is what "Nelly" needs to do to occupy her spare time, then I would suggest removing her from the board. She's really not a devil's advocate or even educated opposition since we are clearly here for her "entertainment"; her own words. I would suggest that her usefulness, if it ever existed, has run its course.