ENR 4.44% 43.0¢ encounter resources limited

Ann: New West Arunta high-grade niobium intercepts -Crean & Emily, page-57

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  1. 4,729 Posts.
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    I think most stocks like wa1 prove that the safest strategy on the market is to average up into a stock moving upwards. It is hard to do because as humans I think we are programmed to think SALE and buy, buy buy. On the sharemarket sale only means bad news is coming.

    Like wa1 I will average upwards into Enr. I do expect good news at green because of the priority assays and because they have extensive drilling in the west arunta, they should have a good idea what they are looking for. I have been very wrong before but that’s my rookie interpretation of the general play. I know they have some other fantastic targets in the east also.
 
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