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Thursday, May 27, 2010 10:16:58 AM
Somehow or another, I knew that the percentage of land left to explore was significant. Yeah, it could have been more definite, but I got the picture.
As for the market response: the lack of volume indicates not much of a response. As such, very few buyers/sellers are able to bring the pps down. ENZR has to market this find much more broadly. And if the ease of extraction is everything that it's supposed to be, then they should be hounding on the marketplace about it.
As always, I would love to see ENZR management buying shares; and if they are reading this board, then they should know my opinion that they ought to be buying shares! Put your money where your find is! As a speculator, I would feel much more comfortable about it.
It has been my anticipation from the start that somebody will buy out this project, or at the very least, they'll JV. Once more resource is proved, I suspect it will happen quickly. People panicking in the markets will lose. People accumulating resources will be sitting on the money. So I figure that somebody big will be looking into the find. From what I have read, vanadium has good future potential, and you're not going to find it digging in your backyard.
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