It was buzzing yesterday (with the good results news and day traders all over it).
We had a CR not that long ago. The Directors have also agreed to take shares in lieu of their fees, so clearly they understand the need of explorers to conserve as much cash as possible, knowing that if / when this flies, they will make a heck of a lot more money than their fees would have been.
Exploration costs are very low in Brazil. We are slowly but surely proving up our tenements. Once that part of the jigsaw is done and if the met work proves positive, I have confidence this will be a whole different proposition. I've seen this process on a number of other REE companies. Once the inflection point is reached, you often see them re-rate in a major way.
That's my bullish stance. Of course the naysayers will say different of course, but that's their prerogative.
Enjoy the weekend!
ENV Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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