Please take this with a grain of salt and don't take my action as advice as I know a lot less than you but you can blame me for the 7.5c trades.
ENR has good partners, good tenements and recently raised cash at $0.14. I am buying a few more here to lower my average.
I think I heard copper was $2.05 this morning. The world is all doom and gloom. Millions of Chinese are going to give up on the modernisation dream and move back to the paddies? Yeah, right!
Who knows but I am patient.
The cycle will eventually turn. As I said in an earlier post the question is whether ENR will still be here when it does. At least they aren't producers having to cover the cost of mothballing, redundancies etc.
Good luck.
ENR Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held
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