I wonder if the clown with the sell of 338,235 shares will pull the sale when he reads today that ENK will have another $10 million in the bank when it's
"local partner and 60% per cent owner of the Zambales Project, Montemina Resources ('MRC'), has entered into an agreement with Philippine company, Golden Harvest Global Corporation ('GHGC') wherein GHGC will acquire a 60% interest in MRC for total consideration of US$11,000,000."
This will give ENK a cash balance of $50 million which is fantastic when the BFS is completed.
" will ensure that the Company has a strong balance sheet whilst negotiating project finance terms for Acoje following the publication of the Bankable Feasibility Study"
Maybe a few of us old Rusina hands should snap up a bit of those 338,235 shares and help average down our portfolios. I'll be into the pile for at least another 20,000 shares at the open.
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