I think investors are recognizing the excellent risk/reward ratio that ENR offers - with numerous JV's with large co's there will be lots of drilling in very promising terrain over the next 5 years. If any of this drilling turns up a major deposit (not unlikely in my view), ENR will multi bag. And the best part is they don't have to pay for the drilling so dilution will be minimized.
What's not to like?
GLTA & DYOR
ENR Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
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