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

TSXV:EZ - Post Discussion

Encore Renaissance Resources Corp > Stock Price Correction
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Post by Beefeater41 on Dec 22, 2009 10:23am

Stock Price Correction

It is simply stateing the obvious, but I will.  The TSX and TSX.V are in the process of a CORRECTION.  It is always a test of nerves at these times.  Everyone wants to think they have bought on the lowest dip and when they see the SP go so low there is an urge to bail out.  My own philosophy is, as long as the FUNDEMENTALS REMAIN POSITIVE the SP can flux all it wants. The lower it goes the more of a screaming deal it becomes and it will rise again. I personaly like to look at the LONG TERM CHARTS  to see what progress has been made in the past to determine my position.  I don't think enough is ever said about a " positive attitude" and  " Patience" two VIRTURES needed to endure the ups and downs in the SP.  Happy Investing!
Comment by goldsgoingup on Dec 22, 2009 11:34am
show me again where the positive fundamentals are???looks to me like they are planning to take a total of 40,000 tonnes of material of which there is no resource estimate or grade defined.  judging from historical work on the property (from the minfile report and the 'evaluation report' ) a whole lot of the biggest vein has already been depleted.  and that was only 9 ...more  
Comment by Beefeater41 on Dec 22, 2009 7:38pm
I thank you for your input at this crucial time.  Your points are well made and are also well taken!
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