Stephen Clayson, Chief Executive Officer of ECR, commented:
“While there were interesting aspects to the Phang Nga project, in the final determination our due diligence standards were not met. ECR continues to review a small number of other potential new projects, but would only proceed with an opportunity which the directors believe is of sufficient merit to materially strengthen ECR as an investment proposition.
Separately, we are continuing to advance the Itogon and SLM gold projects in the Philippines and Argentina, respectively. We look forward to announcing results from our announced exploration programmes, which include diamond drilling at the Itogon project, in due course.”
As I understand if we have one gold play, SLM. We have the right to earn in 50% of a second during the next 3 years and also hold 3.67% of TGR who is the permit holder for Itogon. If I am wrong please correct me as it is the facts that matter and the Market has priced us based on these. The drill results will be whatever they are. If your invested your speculating they back up and improve the first results, as I hope they will and have put money on them doing so.
Canada square, like others have said, it ticks the boxes, nice research there mate, We await news going forward and trust the BOD to provide us with some exciting news ,when it arrives, ATB F post recommended
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