ENR 1.49% 34.0¢ encounter resources limited

up 85%, page-19

  1. 9,382 Posts.
    re: or maybe wa explorers will get a bit of a wobb

    Yeelirrie is Western Australia's largest uranium deposit, and one of the most heavily tested.

    Projects
    Yeelirrie Channel (Encounter 80%, Avoca 20%) ¨C 40 strike kms of the Yeelirrie palaeochannel,/b> to the northwest and southeast of BHP¡¯s Yeelirrie deposit that contains 52,500t U3O8.
    ¡ö Secured brownfields targets in late 2004
    ¡ö A strong, unexplained geochemical anomaly has been defined at Yeelirrie South
    ¡ö Previous exploration focused on areas of surface drainage leaving palaeochannel position untested southeast of the Yeelirrie deposit.

    So what's Trade for Profit and how does it work.... Is there a Buy tip on this no matter what the price goes up to :)


 
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