Comparing Perce and Luni, page-18

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fincmifr

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08/05/24

08:10

Post #: 73715839
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Originally posted by inkblot: ↑

Hi salpetie,
Now I will be the devil’s advocate albeit a small one.

I noted that the first Nobium assay reports from Luni (WA1 report 26 Nov 2022) were not as good as first Nobium assays from Crean ( ENR report 07 Aug 2023)
Drilling at Emily and Crean have also assayed good deep levels of Nobium.These assays are as good as the initial assays at Luni.
ENR has also discovered a large scale Noboum REE mineralised carbonatite hosted mineralisation 5km corridor from Crean to Hurley
Perhaps what is holding ENR is that it has not yet started to do massive drilling to prove the results the market wants. Perhaps this will be proven with time.
I do not see why there is all this negativity of Crean, Emily and Green et al.
Perhaps the board has brought CHN in to show them how to do intensive rapid drilling. Perhaps not.But the fact stands that drilling in all the areas that have been drilled have assayed good Nobium hits.WA1 started the same way as ENR, with similar drilling results. But to me, they appear to have been more rapid in their drilling program.
I do not think that it is the absence of Nobium that is holding ENR back. It is the absence of enough drilling to show up the NobiumPerhaps ENR may even prove to be better than WA1, who knows. In my opinion, ENR appears to have far better leases and prospects than RCR, CGR or LYN.
Comments, disagreements, agreements?

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I very much doubt that the board has "brought CHN in" let alone, to show them how to drill...

ENR Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
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Comparing Perce and Luni, page-18

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Comparing Perce and Luni, page-18

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