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Ann: Copper Drilling Update , page-39

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  1. 7,936 Posts.
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    dvmoneymaker, fluffynymph

    Not doubting the ENR team or the project potential at all, its perhaps one of the best punts on a new local copper gold disovery on the asx, its market cap is also indication significant others believe so. However, the market is not favourable atm for dissappointment or mild success and finding another Nifty may take a few deep drilling programs. Sitting around $100M investors may not keep their patience if deep drilling is not met with immediate success compared to a few months back and last year, hence the not an easy trade comment. Risk is always apparent with any explorer but not many are worth $100M or more on paper without some drilling success of the main target zones.
 
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33.5¢ 34.0¢ 33.0¢ $57.41K 171.4K

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