ENT 0.00% 0.4¢ enterprise metals limited

vtem due very soon, page-8

  1. 2,805 Posts.
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    Hi DrWho2,
    Yep, understand completely
    When I looked at ENTs previous VTEM and the results of the drilling I remembered what one of the geology lecturers at UNSW said about never relying on one only method.
    That is why I bailed (at a profit - so it wasnt a too bad)
    because I believed ENT had put too much emphasis on the VTEM and I was incorrectly assuming they were going to find a VMS or huge fault based deposit in mainly sedimentary sequences (A SEDEX would have been nice)
    When the current VTEM results come out will review them with the same thoughts in mind and probably top up or sell based on that.

    On another note, lots of other posters have mentioned the Doolguna VMS deposits are associated with the Jenkin Fault.
    What do other ENT holders think about that?
    Personally dont believe it, as I thought the Jenkin Fault zone occured after the time period the Naracoota Volcanics were deposited.
    Also I think the HorseShoe Lights VMS deposit isn't near the Jenkin Fault.
    So I believe ENT has as much chance as anyone in hitting a VMS. In fact ENTs tenements probably have more Naracoota Volcanics than anyone else except maybe ALY and SFR (and BKG if they sort out the Eagle Gold issues).
 
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