If any was has followed IVANHOE AUSTRALIA LIMITED (IVA) or SANDFIRE RESOURCES NL (SFR) over the last couple of months then you would be envious of the capital growth experienced on these two share prices.
I have been searching for a couple of months now waiting to find the next "big thing" in junior explorers and I am convinced that the potential capital growth of ERM could match IVA or SFR if things go their way.
Reasons why I like ERM: 1. Massive exploration program this year (~$8 million) 2. Results expected soon. 3. WGR's significant resource results 80km south of tennant creek.
However, I don't want the share price to rise in the next couple of days, I am buying a second parcel soon!
ERM Price at posting:
30.3¢ Sentiment: ST Buy Disclosure: Held
