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Re: riverrock post# 7076

Wednesday, 03/07/2012 8:45:08 PM

Wednesday, March 07, 2012 8:45:08 PM

Post# of 14019
ENZR isn't exactly a household name.

Too many people have been burned in the markets who especially don't want to risk on a small explorer.

Graphite and vanadium are not household terms (yet).

The PEA has not been released.

ENZR is the same as every other commodity...if the world doesn't start moving its markets again, they're going nowhere.

On the positive side: beat the crowd. Have more patience (than I have at times) and wait. If the PEA is good, I think the majors will show interest. But not until then. There is still way too much risk involved here even though we think there are large amounts of great resources on the Green Giant property. To that effect, the market is completely discounting all other properties owned.

I don't think this is a 30 cent stock. If management doesn't screw up, I think we'll eventually make a lot of money. But even a lousy management team can screw up a great resource find. We should find out soon if DRA was an intelligent decision.