Post by
StoogeNo4 on Apr 01, 2016 12:03pm
Holding Pattern
It's painful to be in this holding pattern right now, but to be honest, I'm not entirely upset about it. It would be terrible if we got great news and still in this commodities rout. The news, no matter how good, would be almost worthless to us in regard to share price.
I think the commodities debacle is forming the bottom now and will head the other way this year. I'm not saying that I would rather postpose great news, but I would sure be happy if commodities really started to turn around in the next month or so and we had some great news to coincide with it.
The last I spoke with management, relationships with potential strategic partners or offtakes were still intact. We still don't know if/when something will be coming. My hope is that it's when potential partners see a turnaround in the markets, and I also hope that's coming soon. I think then, our share price will fly. I bet that's what potential partners are thnking. They want to make some money in the markets, too.
In the meantime...the most difficult thing after so long is still patience. Good luck to all longs.
Oh...by the way...happy to hear that Triton looks like it's filing for bankruptcy and was another phoney baloney hopeful. Another one bites the dust. Let them keep dropping with their BS LOI's. It makes ENZR that much more valuable.
https://www.tritonmineralsltd.com.au/