My back ground comes from 50 years reading reports and watching the market movements from a engineering surveying position , so can access assays and tonnages easily from drilling .
As with most finds many holes precede discoveries , persistence and often intuitive action are the hall marks ,ie SFR and SIR both drilled and drilled for some time before discovery .
My interest in ENT came from an intuitive impulse when they first drilled there ,and was fortunate to be watching the screen when they spiked and left with a great result .. I recognised the emotional content then.
My intuition was and still is for the Heart/Oceanus area further north so will hold until drilling is done there . the latest targets show promise and are a bonus for me ..
I bought back into ENT after the JV happened in the hope of drilling in my area of interest , thankfully took advantage of a recent spike in ENT and I am Free carried there .
the recent work done by AON has caused me to start building up a holding , and at these prices and tight share numbers are good for movement . And will wait at least 12 months to give them a good go ..
An early hit will certainly lift the SP.
many holders have been burnt here pre consolidation , not nice .
I hope the management has become wiser and make better choices .
This is a good area still and we my get a lift If WIN 's latest comes good ??!!
As always only invest in explorers with what you are prepared to take a hit on , otherwise but Blue chip dividend paying shares.
Cheers
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