Nextsource Materials Inc (NSRCF)

[Juiceisloose]

The RS has already been approved along with a company name and ticker change. They will probably RS later in the year right around the new test mine is operational this way they at least have something when they do the RS. If they don't have anything going when they do the RS the price will surely drop again and go against what they are trying to achieve. In my opinion a RS does not hurt anything as they are obviously trying to achieve a higher price point for the stock. With less shares the PPS will be higher considering the market cap continues to reflect company worth. As of now ENZR only has debt with no revenue. So once they can visually record product(via the test mine), market placement of product and then cash value(market for large flake graphite already showing real strong demand). The test mine proves the ability to produce and adds value to the future plans therefore increasing the market cap based upon future production possibilities. SO the RS does not hurt ENZR if it is performed at the right time. Considering they plan to have the test mine operational before the end of the year they have plenty of time to execute the plan of RS and ticker change. But I believe it will happen and most likely hopefully before the test mine goes into production as I am hoping to pick up some inexpensive shares. Then hold long term as the company is finally after many years actually moving itself into a billion dollar market cap IMO ENZR