ENR 13.9% 15.5¢ encounter resources limited

If you're a producer then yes, but ENR will pop or drop on drill...

  1. 842 Posts.
    lightbulb Created with Sketch. 158
    If you're a producer then yes, but ENR will pop or drop on drill results as we're still a very junior explorer.

    Gold is coming off but that's because of the risk on for other assets like Copper and Nickel etc.

    Bond yields jumped this week which will at some point affect equities and gold will be a great hedge at that point and opportunities to pick up producers cheaper is coming in the interim.

    For this company the volumes going through are minuscule so bored retail holders and we have plenty of exposure to Copper where the price has been positive of late.

    The drill results are key here. And so we wait.
    Last edited by BaltasarG: Saturday, 08:32
watchlist Created with Sketch. Add ENR (ASX) to my watchlist
(20min delay)
Mkt cap ! $43.52M
Open High Low Value Volume
16.0¢ 16.0¢ 15.5¢ $18.06K 113.7K

Buyers (Bids)

No. Vol. Price($)
2 53746 15.5¢

Sellers (Offers)

Price($) Vol. No.
16.5¢ 7000 1
View Market Depth
Last trade - 12.56pm 13/11/2019 (20 minute delay) ?
-0.025 ( 0.00 %)
Open High Low Volume
16.0¢ 17.0¢ 15.5¢ 64278
Last updated 13.18pm 13/11/2019 (live) ?
ENR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.