Idiot whinersJust bought up the last of my cheap position.....thank you to the all weak hands out there!!
Here is the reality, PRICE WILL TRIPLE:
1) Latest placement (1.3 million)was done at dime, with warrant at 0.15 first year or 0.20 second year. Money was from old pockets, management will not risk upsetting these people by losing their cash. We will see above 0.20 a share before October 2011, that way they make nice profit, plus buy warrants!
2) Spring will be good for mining companies, company will have announcement around drilling, cash from the 10,000 ton bulk samples, and new hot property in Africa by CAN. Lots of ammo to hype here, it will happen.
3) Someone putting a lot of effort into manipulating share price down, need to pull some profit for all their hard work. Mass accumulation.
I can afford to wait out a few months to get a double..........if you can't afford to wait sell out to someone who can, but just quit whining about it!!
Merry Christmas, my stocking is full of Encore.... we'll soon see if its a lump of coal or a shinny nugget of gold!