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Encore Renaissance Resources Corp V.EZ



TSXV:EZ - Post by User

Comment by BigNickon Apr 25, 2010 12:59pm
246 Views
Post# 17028840

RE: BigNick

RE: BigNickmuskie, Im not necessarily ridiculing those who bought in.  I myself own shares.  If you follow my posts and previous commentary you will see that; I am here to receive / present a balanced point of view and the facts.

Who I am ridiculing is those who think this is an investment vs a gamble, or are banking on it, or have convinced themselves of the certainty of this stock.  I am gambling of course, and so are the others whether they think so or not. this is a lotto ticket / tax writeoff mainly for fun.

What is laughable is that people will believe whatever they read / see, seem not to understand that what the management / owners say is totally biased information, and that most jr mining stocks are a game being played, its more salemanship than anything, the pumping on a company like EZs website, is like buying from a used car salesman - the chances you are getting something better than you think you are is slim to none, even thought the price may seem cheap.

What is also laughable is that some people will buy into something that they really have no idea about.  I mean if you were going to gamble in vegas, wouldnt you try to learn the game ( hold em, blackjack, craps whatever) that you are going to attempt to play?

Many people on this board have not done what mining investment for dummies 101 would tell you.  at the very least, take a comparison of this company vs other gold jrs, compare things like potential revenues (grades) with market caps etc. what you will find is that theres not much chance of this company being worth the 10-15M it is today, and likely too many shares issued for it to go anywhere without even more rediculous dilution for financing.
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