There are obviously positives for this company and what seems at this stage potential good news due in the coming weeks and months. But people, be very very weary of those who turn up the spruiking to 10 on the dial.
People claiming there is "no chance" of shares dipping back, stating that there will "never be a chance again at this price", or "straight to $x.xx" value are generally found out soon enough. But by then they have led the local hysteria and it is too late for the gullible who buy into that emotion and then too buy shares based on that same emotion.
Whether the hysteria is led by someone attempting to be a social media stock guru - who by the way is still being caught out on basic fundamentals like what company announcements mean - or others themselves who truly believe the hype, or possibly have other nefarious end games to benefit themselves, be careful, and use good judgement before getting sucked into any hyperbole.
I'm looking forward to this share doing well. I hold both shares and options. But I also understand that this company still has a long way to go before a greenfield mine is in situ. Between now and then there will always be opportunity.
For every penny share that hits 1000% or more in short time, there are multiples more that don't. It would be great if ENV was one of those shares that did have stellar returns. But objectively speaking, the likelihood is that it won't. And I will happily accept being proven wrong in this instance. It does not change the facts, though.
Good luck and use your good judgement as well as your enthusiasm. Do not trade more than you can afford to lose and have a stop loss set.
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