ENR – Encounter Resources | Aussie Stock Forums

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People exercise caution!!!!! Please don’t get burnt in this Uranium Upswing!

Buy smart and buy low and most importantly buy stocks that actually have some potential

ie PDN, TOE, UXA, MTN, RPT, NEL, EME, VUL, SMM

What does ENR have going for it?

20c IPO thats hit $1 today, has 60m shares on issue,

@ 80c = Mkt Cap of $50m approx how can that sort of mkt cap be justified, other runners like GBE at least had operations in Africa, Malawi to be specific near PDN’s new ground, but ENR is just working in West Aust near NEL’s ground,

This is just my opnion, if you have a different opnion on the merits of why at these astronomical prices this stock should be bought please do tell



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