ENV 0.00% 1.1¢ enova mining limited

Enova Mining - Charting/TA Thead - 3c target then 6.3c, page-1910

  1. 397 Posts.
    lightbulb Created with Sketch. 104
    It's pretty much not a crater, the maps indicate no topography and it's Hot Copper interpretation at it's finest. Crater indicates a meteor impact or pre-existing volcano, or even a basin surrounded by mountains. Which the area is none of these.

    Brazil has only 5 extinct major Volcanic sites, with the exploration area not being one of the Volcanoes. Majority of Volcanoes in South America are on the opposite side near Chile and Peru and stick to the major fault lines, there are some along the coast line of Brazil but are few and far between.

    The image/difference in colouration is more due to whether it's been logged/cleared and the elevation dictating tree cover/plant growth. Majority of the darker green patches indicate a current running creek or river system.

    There is a actually a system of mountains and valleys with a pattern more akin to a spread hand/fingers. In some instances these even spread out into more of a plateau of rolling hills.

    Therefore there are hits in some valleys and not others/at different points within the same valley.


 
watchlist Created with Sketch. Add ENV (ASX) to my watchlist
(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $10.53M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $8.846K 804.8K

Buyers (Bids)

No. Vol. Price($)
6 2724404 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 909090 1
View Market Depth
Last trade - 12.45pm 12/07/2024 (20 minute delay) ?
ENV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.