ENT 0.00% 0.4¢ enterprise metals limited

the board, page-9

  1. 1,308 Posts.
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    Helo Cbro, I like your positive thoughts but just because the major shareholders aren't selling doesn't mean the price won't go below 15 cents. It is unlkely that they know anything that managment does not know and it is also likely they bought at a low price before the rapid price rise and equally rapid fall.

    In fact I will bet that the price does fall to around 10 to 15 cents because, as pointed out in excellent post by Granthamama, ENT will have to raise capital in the near term just to survive. If you think the falling price is painful, wait until they try and raise capital on nothing but promises and projects in tenements yet to be granted. Of course I hope I am wrong and you are right but I would not place a bet on it.

    These are some thoughts. Please do your own research.
 
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