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Re: maseraticoupe post# 4701

Friday, 09/17/2010 10:00:31 AM

Friday, September 17, 2010 10:00:31 AM

Post# of 14019
There is a lot of sense in what you say.

I would also hate to see a buyout offer with us at 20 cents. We know it will be higher than that at the very least because brokerages bought higher (and management has options that are redeemable higher). But the fact is we are a $3.00 company just based upon REPORTED resource (which doesn't qualify as a reserve yet). Continued investigation/drilling should put us well above $3 with all of the assumed resource that we have.

I suspect that we aren't moving for reasons that have nothing to do with value or operations. I think that at some point, ENZR should move up quickly when someone has accumulated all they intend. But like I implied, I don't like being down here at this level for such a long period.