Encore Renaissance Resources Corp V.EZ

ez

[cwrebar]

At this pint I don't think there is much that can be said positively in regards to many if not all of the stocks out there. As of today we are officially in a bear market (no kidding) so trying to find the light at the end of the tunnel is difficult. But, we should remember that the light is there and it will come. We just need the patience to wait it out. Every single one of my penny "play" stocks are tanking. I am looking at at least a 40% drop in everything I have in the Venture exchange. Same goes for my RRSP portfolio. Really taking a beating. It's hard some days not to throw my coffee mug at my computer.

Until this all settles there is no use in trying to bash or pump any of these stocks. I am sure that even if the companies did have news releases, they are probably holding back on them as they would either be ignored against the downtrend of the global economy or be misinterpreted by all the pessimistic traders which have seemed to proliferate he markets.

For me, I am not going to look at my stocks anymore. At least not on an hourly basis as I have been. October is historically the worst month for the Stock market and I don't believe this October will be any different. With Greece confirming the worst today, it's going to be a bumpy ride.

So hang on to your hats and do something else. It will get much worse before it gets better but IT WILL GET BETTER. The question is when. As for me, I am very patient. Selling a share in a company for a loss goes against my nature so even if I have to wait 10 years, I am not selling any of my "EZ" stock until she goes to a level where I not only break even, but actually earn a few bucks for the effort.

As always just my opinion people.

Ciao

CW

[Schmid]

I'm in about the same boat as you cwrebar.  I've got the same philosophy as you as well.  These companies have value, eventually the market will recognize it again.I've gone from having a down payement for a condo, if I cashed out in April, to planning an early retirement, once the market comes around, with all the shares I've aquired since then.There are so many bargains

[kcuhc]

this company had it chances to do all of us good in the past few years and the markets of those years had been great what excuse for a trading joke this is...

[Schmid]

EZ has a property, Bonaparte, proven to be worth millions.  EZ has demonstrated they don't have what it takes, to mine the property.  The current market cap is a joke.  Many other companies on the Venture right now, are in the same boat.They've just gotten started on the Yukon property this year.  Once the world deals with Europe's problems, maybethe Venture can

[kel882]

This post has been removed in accordance with Community Policy

[Schmid]

MD&A Sept. 29/11  With over 8 million invested to date, I'd didn't think it was such a stretch to state,that Bonaparte is worth millions.  Smart companies know they don't know what it takes to mine andsell good properties, to those who do.2Bonaparte Mine - Kamloops, British ColumbiaIn June 2009, the Company acquired an option to purchase a 60% interest of the Bonaparte