silverngold - its true and wouldn't post it for the sake of it and the organised short is by a chap loathed by many and IMHO as all shorts can have a way of biting you in the bottom should buyers be aware of it
But if you are risk for reward adverse than an opportunity ?
If that is true (I don't think so), we should probably see an imminent short squeeze then. I hope you are right, so I can get some money back. Not all of it, but at least some. I agree with you on one point though: HOLD. I've lost too much on paper, and what is left is my lottery ticket for a recovery. Sometimes with a bit of luck it works... Don't overthink it: it's just that the numbers of the RNS on 5th November were simply not up to expectations. Dilution was always on the cards to finance new drilling, but not at these prices. Now, let's hope on the short squeeze...Good luck everyone.
My thoughts exactly. I genuinely thought we had more than 60k bolted on, but I am waiting as you are and all genuine holders, on ge geology report which will be with us next month. We can only hope gat this gives us more of an idea where this is going. I am holding and going no where.
This is a genuine olive branch to the more senior and experienced holders and ex holders here and I extend what Valencia started yesterday in that all my spats with posters past and present (except cash and Dean) I wish to apologise for what may be percieved as a low tolerance towards negativity shown towards ECR
I accept my 140k oz and .012 expectations weren't hit (yet) and will remain enthusiastic about ECR but there's one damaging effect here that all holders have faced in that a organised and in motion SHORTING ATTACK lead by a proloific poster in conjuction with MM's have prayed on us
So, at this point whilst shorting is not illegal this has damaged ALL genuine ECR holders including the BOD
400m shares sold in 2 trading sessions on ECR where sediment is low and PIs frustrated to hell is a perfect target
What they can't take away in that we have a commercial resource and the report will show that
The only way to stop this short is to install confidence in shareholders so we buy the stock back and SC knows that
Genuine post and IMHO so HOLD the stock don't buy or sell
Theres one thing I've learnt in that there are no morals when a shorting attck takes place and I know who it is and I hope he burns in hell as investors have lost a fortune from it
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