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spartex

07/30/10 10:44 AM

#4190 RE: maseraticoupe #4187

Maser, when you say ENZR discovery may be double what they are estimating, are you talking about the original 200 mil tons of deposit estimate?

I agree wholeheartedly that the stock price should value up to $1.50 to $2.00 just with their current Manga strike projections. It might take until this fall for price to take off but now is the time to add more share on weakness. I thought earlier posters did say that ENZR was going to make more efforts to communicate to brokers, etc. Any news update their? ENZR future reports and drill results should help. My only concern is their need to get share price over 50 cents before doing another stock offering. And we may also be seeing some of those holders now selling shares which are no longer restricted.

Someone/others are still very interested in buying shares in the 21 cents range when there are sellers. I agree with their strategy.
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stooge4

07/30/10 10:59 AM

#4194 RE: maseraticoupe #4187

Maserati,

I don't think that they can legally call it a world class find. They have to wait until their bankable reserve report is released before they can say that...and we all know that they have it. So perhaps right now the best we can do is take heart in the fact that we're in ahead of the crowd. That's not to say that this beating we've taken isn't aggrating.

Yeah, I think given ENZR's assets, we should be well over $1 pps right now and fair value closer to $3 (based upon what we know).