I think folks are in for a speculative punt as the limited drilling at Hutch's under the watts JV returned some reasonable results before albeit with very limited drilling.
Now that they're attacking it with a decent budget, if there's anything to build upon, these guys will do it with their deeper pockets.
I'm happy to sit back and see what happens.
The amount of scrip available isn't that high for a junior explorer so any half decent results will see it fly as you've said before. It's in the right location so who knows.
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- News: ENR Encounter Resources Commencement Of First Phase Of Drilling At Hutch's Find Prospect
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News: ENR Encounter Resources Commencement Of First Phase Of Drilling At Hutch's Find Prospect, page-7
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