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re: Ann: Multiple High Grade Copper Intersect... Both Eye and...

  1. fluffynymph
    56,863 Posts.
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    28/09/10
    12:45
    Post #: 7251902
    re: Ann: Multiple High Grade Copper Intersect... Both Eye and Acorn (being the smaller outfit) are overall pretty canny within the spec sector with Eye having more success of late.

    With a undil. market cap of only $37m, ENR has plenty of scope for much further upside - all depends what lies further down and the 2nd rig potentially may prove this one right up. Near surface copper with high intervals of up to 3.2% cu have already been reported - going down up to 300m via the dimaond will tell the market more.

    Hopefully they can hit a source. Al the cards are in place - just need further geolocial luck.
    ENR Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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