i hope im right as well!
a 35% underperformance equates to £3.5billion off the market cap
Dont you think thats a little too much for this little spat in with the canadians?
im extremely confident in a very good recovery here, but just my opinion and DYOR etc etc
severely underperformed the other large miners last few months, this will now outperfom the large miners going forward imo
im hanging on very tightly - one of the best ftse100 propects around at the moment imo
versus KAZ
1st July KAZ 965p ENRC 818p
Today KAZ 1339p ENRC 858p
Kaz has risen 38.8%
Enrc has risen 4.8%
Plenty upside here imo !! Expect to see 950p within a month
GL ALL
I hear what you say
But remember even BP has had 40% recovery from its lows. i know FQM will keep this below its true value for a while, but there wll be a bounce back even so, as these levels are too low imo
to be honest, this is a no brainer for me at this level - im a little down on my investment at the moment, but very happy to be in here
a 5-7% rebound is only days away, and could easily see a 20% in a few weeks
keep posting here, and keep me posted of any other exciting plays
i managed to get VOG at 2.77 and SQZ at 40p - good returns there
do you have an opinion on LDP? Any others take your fancy at the moment?
i think its always good to get in a11 Sep 2010 02:28
little early here - because when this recovers itll be very fast - you dont want to miss out on a 20% rise
ok you may lose a few percent in the meantime, but this is a temporary situation
good to hear from you again. those cfm days are just happy memories now
i agree this is way undervalued compared to kaz's of this world. enrc are being very bold in securing recources in africa, and it will not always be plain sailing. the acquisition of camec last year was shrewd move, and like camec, they have the wily ways needed to operate in africa
gap opening up between enrc and the other miners
kaz up over 30% since early july lows
enrc only up around 5%
the gap is too big, even if legal action is taken against the company
Excellent buy in price here - this will shoot up one of these days when it becomes clear that ENRC have acted above board
The rest of the miners are flying - this will be 9 quid plus next week or so