ENT 0.00% 0.3¢ enterprise metals limited

Imo, when small cap mining/exploration companies do capital...

  1. 2,929 Posts.
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    Imo, when small cap mining/exploration companies do capital raising they possibly do the following ways:
    1. Drag SP upward to issue sahres at a higher price when company has hidden good news or something positive situation towards company SP
    2. Drag SP downward especially to match the lower issue price for priviledged investors such as sophisticated investors or company related people or lower SP being reasonable.
    3. Just natural course of average SP

    So far, no any clues for any future capital raising.
    Not like very long time ago previous some CR with no very highly likely mineral ores encountering or almost certain to find ores, if this time occurs, imo, it may be favourable chances to acquire more company stocks as we have outstanding prospects in both FR (E63/1281; The Jewel of the Crown) and Doolgunna(Homestead, Vulcan, V.West and SEDEX potentials Bono/Borg, etc). In addition, we also have gold prospects Muchison and gold focused 7.9% AME holding(12 million shares).

    Remaning questions are when AON and SFR(or ENT) reveal their position.......
    Frankly, my biggest concern is that whether company MD is reasonably honest person or not in reality. Even I am holding company stocks for more than 5 years, I am not certain indeed. Ironically, it is most important factor than any other considerable ones in top management, imo.

    Regards,
 
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