Hi Osmo, I've followed this one since it's listing as a uranium player. What attracted me then was the quality of management (ex-WMC) and the good ground they had pegged. Now Uranium is largely forgotten (though we might hear some news this year about this) and it's copper that is the focus. Management is rightly excited that BM1 could be the real deal. All the ducks seemed to be aligned, though of course nothing is ever certain. And they even have BM2 which you could easily argue is as prospective as BM1, though the market really hasn't ascribed any value to this one yet. And with the thick covering of sand who knows what else is lying down there... So is it a $5 stock - I really couldn't say. But in the upcoming drill programme if they do hit a Nifty type deposit this thing is going to the moon. And of all industrial metals copper looks particularly tight over the next few years. So fingers crossed, and good luck. I think it's great this one is so out of focus at the moment. Seems great support around 80c-85c
ENR Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held
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