July last year Sinotech became a 32% shareholder in
Enterprise Metals by means of a $12.4 million dollar
placement.
Sinotech is a major Chinese exploration and development
company with exploration projects in China and 10
other countries. A company like Sinoteck would have
to see significant potential in Enterprise Metals
tennements in order to justify becoming a major
partner.
I have been an ENT shareholder since they started
drilling next to Sandfire three years ago.These
Doolgunna Gold intersections have been a long
time coming ,I look forward to results over
the next few months.
ASX Ent/Sinotech agreement announcements are
28 April 2011 and 6 July 2011 for any one wanting further details.
sinotech/enterprise metals tie
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