thanks a lot trenchikoff,it has helped me make my decision.cheers

First 1399 Last

Share
Profile

Follow
gercha

3 Posts.

06/05/21

16:55

Post #: 52992984
Share

Originally posted by tretchikoff: ↑

Hi gercha, regarding ENX it depends on timeframe.

They have a good sized footprint but seem very slow on the action plan.

Obviously those companies doing stuff to advance their prospects will advance faster in most cases one would think.

If you have money you can afford to have tied up for an unspecified amount of time at ENX (who don't seem to be doing much exploration wise) and can hedge against companies like PUR for example that are advancing prospects well you could see an investment in an ENX as land banking.

But how long will the wait be at ENX, hence the market pulling back their SP?

Virtually every other participant in the prospective PGE zone is doing work to explore their land. I can't or shouldn't give you advice but follow your gut feeling usually works.

Personally I took some profits at ENX and bought a few more PUR options (which are just as risky as anything if Im honest) and added to a couple of other bits a pieces to other plays.

But you have to make your own choices.
This PGE market is not mature IMO and doesnt always reflect correct value to upside risk/reward.

Therein lay a few opportunities as everyone learns and feels their way.....and as always with any of these things a bit of luck helps..

Expand

thanks a lot trenchikoff,
it has helped me make my decision.
cheers

PUR Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

RBA holds rates as ALP election campaigning kicks off – expect more political focus

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

First 1399 Last

Add PUR (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change -0.001(16.7%)		Mkt cap ! $9.088M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$10.27K	3.444M

Buyers (Bids)

No.	Vol.	Price($)
69	71485523	0.2¢

Sellers (Offers)

Price($)	Vol.	No.
0.3¢	1380000	1

View Market Depth

No.	Vol.	Price($)
69	71485523	0.002
22	44450449	0.001
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.003	1380000	1
0.004	32540776	32
0.005	17194322	12
0.006	12507336	8
0.007	3699472	6

Last trade - 15.15pm 05/11/2024 (20 minute delay)

PUR (ASX) Chart

thanks a lot trenchikoff,it has helped me make my decision.cheers

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

RBA holds rates as ALP election campaigning kicks off – expect more political focus

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

thanks a lot trenchikoff,it has helped me make my decision.cheers

Top Stories

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

RBA holds rates as ALP election campaigning kicks off – expect more political focus

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News