ERN erongo energy limited

Yellowcake has been preaching to the unwashed, uneducated masses...

  1. 4,847 Posts.
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    Yellowcake has been preaching to the unwashed, uneducated masses on HC for a very long time. Kudos to him for his ability to turn knowledge about u into a cash spigot. I have read many of his posts and he has had the gumption to stick to his guns on the topline aussie U stocks. IF he does not like ERN it is because he has a totally different perspective on playing U stocks.

    IMHO ERN is a very speculative U play that has all of the ingredients that attract "hot money" (1) tight sharecapital (2) leases in one of the best U provinces on earth (3) radiometric signals on their leases that show extremely large anomalies.

    These anomalies may or may not turn out to contain substantial amounts of U BUT in this type of market and with a very small market cap we could run like BMN did when it commenced exploration on its Namibian leases.

    These are just differences of investment philosophy. ERN is a spec play and u take your chances. No need to hussle with the resident guru. Good luck to all longs.
 
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