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Canaccord Genuity is messing with it, among others. I thought they were supposed to be working for ENZR.
I've been asking for years what they are doing for the company and how much they have been paid since being hired. Management has refused to answer those questions...
Somebody killed it right from the start. Good volume. The press release generated the interest. Somebody killed it.
Yes, great things to come.
I wonder what fools are selling at 11 cents. It's at a loss...or a breakeven at best.
Sigh...of RELIEF! This is what we needed. Hopefully the markets see the value and potential partners jump on this.
I didn't think they would have it out in the first week of February.
Any agreement will get this to $1 in a hurry.
What bothers me right now is that more of management haven't been exercising options.
If they're on schedule, the BFS should be out within the next 4 weeks. One would think...hope...that they would want to be 'all-in' before the report comes out.
Maybe I'm mistaken and they've exercised what they can already; but I didn't think so.
Putting JPM in perspective, while they usually don't want to lose money, the $3.7 million (or whatever the actual number is) that they have invested in ENZR is spittin' in the ocean. I'm sure they don't want to lose it, but I don't think they'll care too much if they do.
I think with that many shares, they'll want to manage the market and sell slowly once they've made their millions. So once this POS gets moving, I don't see a massive dump...which is contrary to my previous thoughts. I'm sure it will still happen to some extent. Disgruntled long term shareholders like myself want to get away from this group of "managers" as soon as possible. Nonetheless, JPM is in it to make money because they think it's there.
With a decent group of managers, this stock would have been $5+ instead of maybe-possibly-hopefully $2 if the market and optimism get behind it. Two world class resources...that's what JPM was looking at. I hope they weren't duped like the rest of us. The resources are there; my other opinions are well-documented.
LOL! Yes, while that's true, Mr. Buffet would never have speculated with ENZR in the first place. He has ZERO risk tolerance.
It's going to take a lot of 10 cent increments upward for me to make $millions$. I don't think early retirement is in the cards here! LOL!
But I DO want my damn money back and then some!!! I think that's still in the cards. Let's just hope that JPM gets sickeningly greedy and wants to make many tens of $millions$. ENZR above $2? I can live with that. Don't see it coming anymore, but I could live with that.
BFS should be out this month by my calculations, right? So yeah, buy the pain.
And trade it just like you said.
The down side here (at this point in time) is extremely limited.
Then again, I'm sure the shareholders at Red Pine, Honey Badger and MacDonald all thought the same thing at one point. At least we have actual resources with Energizer...and analyst coverage.
I think JPM bought in the 11-12 cents range. It was that huge dilution at the end of 2013.
5 million options at 10 cents?
Since we aren't going anywhere, maybe they can retire in Guatemala.
Douchebags.
They've thought that far ahead, but they don't know how to properly get there.
News should be out in a few weeks. I'm surprised with the pressure to the down side. The BFS should be what everybody is waiting for, and the project economics should be well proven as viable and better than competitive.
Manipulation is a form of malice. It doesn't necessarily need to mean "revenge."
As for BN, I believe it's ~2M shares...none of which bought with his own money. With the large salaries, they should all have been buying on the open market.
In all honesty, I'm a bit surprised and concerned that the rest of management and the BOD haven't been exercising any remaining options at this level.
Of course I'm not serious. Not about that, anyway.
Never ascribe to malice what can be explained by incompetence.
I'm not buying into conspiracy theory yet...unless you're talking about management.
No doubt that was done to piss me off directly. I told management and the BOD he should be removed.
I have some options for Brent...
Pump this stock and make your options worth something, you putz.
Management did the pump and dump thing with the Tesla article and then followed with the ridiculous financing. Wouldn't it be nice if that worthless piece of ... ahem.
Wouldn't it be nice, "knowing" that the BFS should be out before the end of February, if they put a pump article out a couple of weeks before the BFS release? Imagine how pleased shareholders and the market would be if we got a pump before some good news for a change.
Nah. That might make too much sense.
I assumed it was a typo. I didn't go back and look into it. At the same time, I'm not sure that vanadium had widespread use in structural steel and aircraft components at that point. If the use was smaller at that time because the material was more exotic, then it may have carried a higher price tag. I don't know.
Interesting from the standpoint that new vanadium developments are still sought.
http://vanadiuminvestingnews.com/6606-peru-hammond-largo-minas-ragra-brazil.html
Correction:
ENZR held up by the mole hill under it!
ROTFLMAO!!!!!
I'm on board with that, too. Obviously, they don't know how to run a company, and they know it. Instead of seeing their $millions$ wasting away due to their own incompetence (and/or negligence and/or malfeasance), they'll get what they can out of it through a sale and let the buyer figure out how to fix the mess. In the nearer term, it doesn't look good for us shareholders (a bump up in share price from the BFS notwithstanding). After the mess gets straightened out by a potential buyer, we'll probably see some profit...but nowhere near what should have been.
What's that, Brent? "Management" and the "banks" value the stock between $2 and $4? Screw off; lying douchebag.
Despite all of the pessimism, there is still some bull case for China. At least that might still be in our court.
Maybe the BFS will be out on time for all of the conventions coming up. Perhaps that's what Brent was hoping for. He loves going to conventions. Mixing business with pleasure is the only way we get any promotion.
Perhaps some interested Chinamen at the conventions will pick up on our BFS (which I still assume will be good). They're always looking for sweet deals and with a piss poor management that has destroyed the stock, they'll be able to do it. Obviously, management is a big ZERO for us on the off take front. Maybe somebody can buy ENZR and take off with it...we can only hope.
Near our 9 cent low again today. Not happy.
Agree 100%. Nothing else matters. Management should have known that and saw to it that their subs didn't delay.
Last I heard, it should be out in February.
Douchebags.
Whether it's good or bad depends upon what measures they take. They cannot rectify all problems at once. But how they solve one problem at a time will tell us how things will go. Problems like this may make them that much more cooperative with foreign companies trying to open business there. They need the money to improve everything. It only comes if doing business there is attractive.
Right now, I have more faith in Madagascar than our management. There is accountability in Madagascar. There appears to be none with our management and BOD. I'm sure my letters are just scoffed at. These guys couldn't give a damn about their shareholders.
Due (again) in February. Hopefully no more disappointments.
I've written (again) to management to let them know of their negligence in this matter. The two companies late with their work may have cost us CAT.
And yes, I have thrown the words "negligence" and "malfeasance" directly at them and the BOD. That should keep their new lawyer busy.
Oh! :)
I thought you were directing me to something about the BFS. :)
Glad to see more analyst coverage. But coverage is not good old-fashioned promotion. People still don't know who the hell we are!
...err...maybe they do and don't like what has happened with our paper.
Either way, it's going to take some real sweet talking and corrective measures to get us out of this mess.
Your point?
Sure. However, I'm also sure that CAT will also want to limit its exposure to graphite. It would have been nice if we could have buried the competition by getting a deal ahead of them.
This news could be for any number of reasons, and I don't care for the uncertainty. I'd have a much better (or different) perspective if the BFS had been completed in Q4 as projected.
Very bad news for us. Apparently two of the companies working on our BFS didn't get their work completed on time. That's caused us damage.
If CAT is out looking at Focus, it can't be good for us. The other side of the coin is that why should anybody not weigh their options.
I think they haven't made agreements yet because of the incompetence. Two huge resources and the share price has gone straight to hell. Who is going to work with a group of people who have destroyed their shareholders by not intelligently managing the market? Why would anybody work with them if they would be afraid to invest their own money in Energizer?!
I hope that my recent letter to Harder was the hard right across the jaw that they needed to straighten out their act. I'm going to wait patiently for the changes. However, they had better start within the next few weeks.
The perverse thing about all of this is that you think they would want the share price high for the benefit of their own options. They have spent all of this time assuming that 'it' would just come to them. And they've been raping the land all the while, making it so they can't even benefit for themselves. It is truly incompetence. They need people who really know how to work and not make excuses.
Brent is a manager. He should have been recommending to the rest of management and the BOD the necessary actions to manage market expectations for the company with promotion worthy of the resources. Yet over the years, there have been nothing but excuses for failure after failure. Sure, they report news...that's not promotion. And the record shows that right after they report news, they finance and crash the share price. The coordination of these things has been an unmitigated disaster. Brent is a fool and has been a complete disaster for the shareholders. But he isn't the only one! Kirk was another, but they didn't get rid of him until apparently there was an incident in the office. So we can be sure that there are others who also need to go but have not yet been removed.
Good. Thanks for letting me (us) know. I never went back to it.
They didn't used to be that way, but thanks for the heads up.
One needs to be careful with Seeking Alpha. Sometimes, what you read is 100% bunk. Other times, it's very accurate. You simply have to do your own diligence to get the "right" answer.
In this case, the author is clearly as negative as possible about some of our project unknowns. He knows the BFS will be out shortly, and he is invested in Focus. He did bring out some truths. I don't take the article with a grain of salt, but I do recognize the tone, timing, and conflict of interest.
As I mentioned, the guy is long Focus.
All we can do is wait for the BFS release. The delay has unfortunately allowed an article like this to be written.
We won't know if the guy is right or not until sometime in February...and that is very unfortunate.
We made it onto Seeking Alpha...
and not in a good way. We're cheap for a reason.
http://seekingalpha.com/article/2787465-energizer-resources-is-cheap-for-a-reason?uide=6714881&uprof=45
The author is long Focus.
Indomitable spirit...
Those are the facts.
They have samples out. This is likely actually some good news. Potential partners who are seriously looking at the resource want additional samples like this. The more proof they get, the more likely they are to find the resource favorable and make an agreement.
So contrary to my normal attitude, I think this news is positive.
Verification of the technical content is not the TSX's responsibility.
The best correspondence that you sent Energizer Resources was requesting that they fire Brent and hire 5 other guys at $60k/year to promote and market the heck out of the company.
Unfortunately, that sound advice would have been a mistake based upon the news release today. If they can't get their stuff right, then marketing would end up a nightmare.
I'm at my wits end. At this point, I honestly think it's time to give up and accept the losses. These guys are useless. I have a bad feeling that the slope down from here will be more brutal than what we've endured to date. What can possibly change that would make a difference? Look at what they've done with every other company. They have no need or desire to make anything off their options. They've already made millions in salary (if they've been there long enough). Their options are worthless with the other companies because those share prices are zilch! ENZR is all they have left to plunder!
I know of people in Canada who are mad enough to do it.
Management is likely concerned about me, but I haven't gone to any authorities yet. Believe me...I've thought about it. Individually, I don't have enough. But I think if a group started to compare notes and emails, it might be a different story. Brent is a moron.
Brent and Kirk should have been fired long before Kirk "left." I can't believe that they held on to Brent for this long. I think he's on his way out (immediately add 20 cents to our share price if that happens). The trouble is, they all knew what was going on over there. Everybody has culpability. Will anything change? Kirk did this with the obscene share giveaways, and they all knew what was happening. They just continued the plundering after Kirk was gone...they didn't know how else to do business.
This management group is running 3 other companies; all four companies have been run into the ground. They haven't brought a single property to production. Hope for ENZR is fading at this point. The thought has occurred to me that these "managers" are environmentalists disguised as miners whose only intent is to see that resource properties never get developed. Thus is the level of incompetence and malfeasance that I witness here.
They've screwed all of us long-term guys over. There is almost nothing more that I would like to see than them in orange suits doing hard labor for 20 years. Unfortunately, that won't get me my money back. We have to hope that something gets them turned around...and "hope" isn't an investment let alone a good speculation.
Now we know why they put a lawyer on the BOD.
These guys don't know what the hell they're doing.