time to buy, page-29

ftf,

you are defending well the virtues of erg, the trouble is, all but a few holders have copped it in the neck with this stock. its only material run was during the heady days of the tech boom followed by heavy capital consolidation and questionable management, unfortunately tech stocks that lose money and have limited growth prospects are not flavour of the month, there's too much capital going into resources for high risk industrials to get air, their time will come of course but will erg make the distance with cash to fund loss making operations? in the meantime yes the s/p will go up and down a little but will it be able to access cash to keep going to reach the necessary scale to be viable? if the answer is yes, it will hugely dilutionary so be sure get out before the next consolidation.