ENR encounter resources limited

I am a non-holder, it doesn't mean it is a bad thing to comment...

  1. 14,615 Posts.
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    I am a non-holder, it doesn't mean it is a bad thing to comment on a stock you are interested in, and that all the non-holders should be ignored. I agree that some do have agendas at play and will lie and talk nonsense to achieve their goal, but there are others more neutral who should be heard.

    Well done to everyone involved so far. Those are some massive gains to date and I am sure many in here will be very satisfied at this point in time! I have been watching it closely for a few weeks but still haven't come to sense to pull the trigger and buy in yet. Generally, I am a long-term holder. if I was a trader I would have bought by now and had fun with the short-term gains.

    However, from a long term perpective, there are plenty of companies which the market loves from a nearology sense but with time they fail to meet the expectations of their neighbour(s). I am not saying ENR will be one of them but the results so far are well short of what is needed for a resource. The anomalies along the fault lines seem to match up well and so do the lithology logs of WA1. However, mineralisation is a complicated and sometimes random beast and fluid channels, intrusions and all sorts of minor structures can change the level of mineralisation immensely between different areas. Right now, ENR looks promising, and it appears that with the excellent market reaction this week from the lackluster initial drill results that the market is expecting plenty of promise and better news ahead. But personally, with my risk tolerance I am awaiting a proven and decent hit. Good luck all
 
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(20min delay)
Last
26.0¢
Change
0.000(0.00%)
Mkt cap ! $129.6M
Open High Low Value Volume
27.0¢ 27.0¢ 26.0¢ $25.85K 96.93K

Buyers (Bids)

No. Vol. Price($)
5 71642 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 102600 1
View Market Depth
Last trade - 15.59pm 30/07/2025 (20 minute delay) ?
ENR (ASX) Chart
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