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Bullboard - Stock Discussion Forum Encore Renaissance Resources Corp V.EZ

TSXV:EZ - Post Discussion

Encore Renaissance Resources Corp > Relax, here's why..
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Post by recession_proof on Nov 24, 2009 11:43am

Relax, here's why..

EZ is not the only stock today  a bit lower, almost all the other stocks on my watch list are down and so is the market. Plus GOLD is not shooting up today, so things are calm today. All it takes is GOLD to go up again, markets to be green, and more news....

You have to all expect people to take profits on EZ, lots of investors bought in between .07 - .12 last few months, so put yourself in their shoes. BUT, the great news is that we are creating a new entry point here around .15 - .17 and that means these new investors will be holding for at least .25 - .50 range.

No worries, I am just buying more shares at these cheap prices, and whoever has cash and is smart will take this GOLDEN opportunity to buy more (no pun intended) :)

Recession_Proof
Comment by Jivaldo on Nov 24, 2009 11:52am
I hope peope are not listening to pumpers like this guy. This stock is going nowhere but DOWN..
Comment by TSXtrad3r on Nov 24, 2009 11:54am
Why don't you elaborate on that fantastic post for us.
Comment by Jivaldo on Nov 24, 2009 11:58am
Sure. the news wasnt as good as i was hoping for. not much gold. dont get me wrong, i held 500k of this stock and had to sell most of it to cover my as s. This company is way over rated and it will go down below .10 very soon.I hope it was enough reason for you..
Comment by recession_proof on Nov 24, 2009 12:03pm
Jivaldo is a new basher here. I'm not surprised there's 9 people ignoring you so far. You obviously can't read if you thought the news was bad or not so good. If it was bad the stock would have dropped to .10 and instead it went up to .195Wait till news comes out about all the gold they send to KINROSS and more details on grades. Everything is fine, you can play EZ short term or long ...more  
Comment by teheran10 on Nov 24, 2009 12:12pm
$80,000 - $100,000/day in profit if they process 120 tons of ore.I will hold it for sure.Some guy says he sold most of his 500K shares? why didn't he sell all of it if the NR was not good. He is full of .........
Comment by pdcon1 on Nov 24, 2009 12:14pm
In your dreams stock is trading at 17 cents , no looking back from here a lot of day flippers are gone . Bids are building big time here , co figures good news as well as Kinross . What better way of evaluating a co before a takeover , by  processing  their gold. 13 known gold veins have hardly been explored , this could be another Red Lake . well worth 17 cents and EZ will pay for ...more  
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