ENR 10.0% 49.5¢ encounter resources limited

Ann: New niobium-REE carbonatite at Hurley - 3km east of Crean, page-14

  1. 869 Posts.
    lightbulb Created with Sketch. 169
    Good luck with the chain-mail gloves.

    DYOR of course, but I'm turning away now. This company has called trading halts on 18 May, 26 June, 21 July and 5 September. Each TH has been preceded by a significant uptick in the share price viz:
    • 11-16 May SP rose by 50%
    • 23 - 30 June SP rose by 70%
    • 18 - 20 July SP rose by 18½%
    • 29 Aug - 4 Sep SP rose 15.8%

    Not a good pattern. Share price movements following release of significant announcements are a sign of a healthy market. Big movements before announcements don't smell too good.
 
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