InvestorsHub Logo
icon url

StoogeNo4

09/29/14 2:48 PM

#11173 RE: marko110 #11172

It should really be at least a 20-bagger from here. The others shot up WAY past realistic valuations; and that was based upon some really sketchy resource numbers. ENZR has the right stuff IN QUANTITY. We ought to shoot much further.

I would rather try to look at things this way right now:

It's probably the best time to invest in the resource sector (including ENZR). We likely have maximum pessimism in the market. The last three years have been absolutely brutal...and so much the stronger the pendulum will swing in the opposite direction. I think we're almost at the bottom.

...and if any of my past comments don't illustrate maximum pessimism with management, I don't know what will. The end of our long wait must be nearing!

If a few things happen for us, we'll be alright, if not better. I have no doubts that the BFS will be good if not better than what the analysts currently think. I think infrastructure/transportation costs have been a big question mark; but I think that will be remedied in short order given Madagascar's government interest and present wage scale (which is currently only getting better as the USD makes its run). What remains to be seen is what management can pull off in Asia or possibly with Tesla.

CAT offering us financing would also be a huge boost. They were waiting for the BFS before wanting to talk further.

And I know an off take agreement will generate interest from the likes of Sprott. I would love to see more brokers like that get involved.