ENV

9.09%

1.2¢ enova mining limited

How good could CODA be?, page-22

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27/05/24

02:27

Post #: 74016981
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Originally posted by mho25: ↑

Resorting to personal attacks and not posting any facts... just desperate.

We keep telling you EQN has an Iron Ore JORC resource near FMG and has cash, ENV does not have this.

To all potential new EVN investors, please read Archieros' posts. This is the type of person promoting this stock. He does not mention CODA or have any valuable analysis. Here is a simple breakdown of some of the negatives of CODA (ignoring Pocos or Charly Creek as these are another story).

Historical assays show Ce content that hints the clay is NOT IONIC.

As the historical cores have not been kept, this is something that will have to be investigated with MET work (probably not this year!).

Drilling has NOT commenced, and ENV is very slow-moving (10 years on their flagship project and no progress has been made, Pocos has been waiting months for some simple drill results). This indicates there are no large price catalysts in the near term for CODA/ENV.

Management seems to not be forthcoming as they have not mentioned the environmental issues with Pocos, are drilling in places they can never mine, and have not kept timelines on their flagship project.

ENV does not seem to have the funds, nor a market cap to suitably fund a large-scale drilling campaign, in addition to completing their other objectives.

The existing historical drill results show only good grades at a lower depth than other clay projects which indicates there may be more topsoil to move than comparable ionic clay projects.

Now, these are only the red flags for ONE project, not to mention the others.

Of course, there is always a chance they find something.

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where was my personal attack?
ENV Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $11.49M

Open	High	Low	Value	Volume
1.1¢	1.2¢	1.0¢	$56.79K	5.100M

Buyers (Bids)

No.	Vol.	Price($)
4	1254545	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	2577457	3

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No.	Vol.	Price($)
4	1254545	0.011
18	3532852	0.010
7	7851110	0.009
4	4312500	0.008
2	600000	0.007

Price($)	Vol.	No.
0.012	2577457	3
0.013	1108744	6
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0.015	1614000	5
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