I have always recommend ENR as a CHN style of explorer to friends and associates. After 4 years in, ENR has not disappointed, great diligent management team, what is disappointing is that traders have consistently used ENR as a gambling mechanism. AS a Long term investor I have seen the price YOYO from one extreme to another ,most investors are short sighted and can't see the really GIGANTIC PICTURE, ENR has been aquiring some of the best NORTHERN AUSTRALIAN TENEMENTS for many years now and they got them for NUTS. They are long game players , many great JV partners and seldom dilute S H equity. I was in early at CHN and saw its share price rise from a low of 10c to $10.50 ,I truly believe the same kind of outcome is possible for ENR, they have already divested and issued shares in HMG to us ,a very promising GOLD explorer just about to start a very promising drilling program . ENR will be delivering great outcomes for share holders for many years to come, I have baught the DIP many times.
GLTA
ENR Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)