Hmmm. I didn't think of the potential insider trading issue. I suppose that would be true if there is a deal in the works. Personally, I would think that any potential 'suitor' would want to see the scoping study and the bankable reserve report completed before spending loads of money on this property. Unless, of course, they knew beyond any doubt what was there. I suspect that management's angle is to get a boost in share price through a TSX listing before accepting any deals.
Your comment brings up a sore point. Dundee's president sold out of all his shares late last year. Nobody knew why at the time. It knocked down our share price considerably. Then behold: Dundee got bought a few weeks later and they had to liquidate their ENZR holding down to 10%, which again killed our share price. And there is no investigation into insider trading there? And then shortly after, Byron came out with a negatively opinionated report about feasibility at Green Giant...before the scoping study even began. So opinions given in a report with limited information to substantiate. I wonder who gained on that one. It's no wonder ENZR's share price is hovering at 40 cents now, and will probably temporarily lose more due to attrition. If it weren't for all of this...we'll politely call it "nonsense"...I think our present share price would be at least 30% higher. Even after the summertime attrition that we usually see.
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