RE:RE:Points to PonderRiver;
Thanks for a considered response. You raise some fair points regarding the history of this company.
My position in a nutshell is simply that ENZR have been in the graphite space since mid-2011 - over 5 years now. After getting off to a reasonable start, they have done essentially nothing - except talk - since around mid-2012. Bit of bulk sampling, some re-testing (& more re-testing) of samples. Basically, everything except push the project forward on the ground.
The other problem is the lack of permitting. If you go back in their announcements, there have been several times where they have promised this (permitting) 'end of next month' or 'end of the year' or 'by early next year'; that sort of thing. They've raised money for this exact purpose more than once also. The latest 'promise' was to watch out for November 2016.
Nothing.
If you look at the 'FEED' plan in the context of other historical bullish announced plans, it really just looks like more of the same.
It is my opinion that a reasonable and impartial observer would be developing material concerns about the actual situation; particularly as regards the permitting of the project. No permit - no BFS. No BFS - no off-take. And so forth.
That is why I hold the view that holders really need to be hard on this management - and to be vocal about doing so. ENZR managment do not treat retail SH with respect and their current plans are not in those retail holders best interests.
My thoughts.
WB