Register
Login:
Share:
Email Facebook Twitter

ECR Share Chat - RSS Feed

ECR Minerals Share Chat (ECR)



Share Price: 0.20Bid: 0.19Ask: 0.21Change: 0.00 (0.00%)No Movement on Ecr Minerals
Spread: 0.02Spread as %: 10.53%Open: 0.195High: 0.20Low: 0.195Yesterday’s Close: 0.20


Share Discussion for Ecr Minerals (ECR)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Liquid_Gold
Posts: 582
Off Topic
Opinion:No Opinion
Price:0.23
Harvey Organ
11 Sep '14
FOREMAN,

May I thank you for what for be is the most compelling 30 mins I've listened to in a long time.

Russia / Ukraine conflict plus the Chinese threat of flooding the market with dollars is all to do with gold, unbelievable and I thought it was never true but this Harvey Organ seems 100% spot on.

Live and learn and what we don't want to see is Scotland voting for independence as this will cause carnage on the markets with this gold issue brewing it's going to get ugly.
 
Liquid_Gold
Posts: 582
Off Topic
Opinion:Strong Buy
Price:0.23
Harvey Organ
11 Sep '14
Global markets are stuffed and get to 18mins in he's saying silver could be $200 oz.

September 22nd 2014 is when Shanghai introduces physical metal payments and NO paper deals so it will expose the West has NO gold and barely any silver.

ECR have 1m oz + sitting in the ground at Itogon no wonder we wanted that $10m to accelerate to the mining licence
Liquid_Gold
Posts: 582
Off Topic
Opinion:No Opinion
Price:0.23
MGA Timeline
11 Sep '14
Morning JG,

Fantastic posting and your understanding of the global mechanics is somewhat impression and way to clever for me so keep posting as I'm certainly absorbing.

With reference to MGA I had an email from Malcolm Field the administrator and his timeline was always September and further to this I have contacted Bob Bickford but he has not responded which leads me to think that September is indeed the month.

The RNS confirms the cheques will leave early September and I'd expect those to be presented at the banks now and cleared by Friday next week at the very latest.

ECR have no control over this but us holders can taken advantage of this as the window is closing and I'm going for an w/c 22/9 for an announcement.

I have a 4m buy at a certain price to be filled and this $3000oz article isn't helping !
Arsenal221
Posts: 29,840
Off Topic
Opinion:No Opinion
Price:0.23
FOREMAN
11 Sep '14
Thanks for the link. If it goes by the way that was said in the video then Ecr will be looking something special, if not very special, over the coming months.
johngilchrist
Posts: 3,778
Off Topic
Opinion:No Opinion
Price:0.23
View Thread (2)
RE: $3000 oz of gold by December
11 Sep '14
great time for PJ to be buying cash strapped junior goldies with his $10m war chest and $80m tax loss.

No guarantees, but it paints a very attractive picture of a likely future acquisition strategy for ECR.
Liquid_Gold
Posts: 582
Off Topic
Opinion:No Opinion
Price:0.23
View Thread (2)
$3000 oz of gold by December
11 Sep '14
Harvey Organ"s article is compelling and I've listen twice to make sure I heard right !

This, if his expectations are right means every single gold junior and exploration company like ECR will have an almighty elastic band effect that will catapult their value as there seems to be NO physical gold left to feed demand.

None in the US and UK and the majority is held by the Russians and Chinese with India with the highest demand.

Theres already a global shift of power from the West to the East and the $ is no longer the favourite global monetary option.

Russia the smartest country on the planet?
johngilchrist
Posts: 3,778
Off Topic
Opinion:No Opinion
Price:0.23
View Thread (3)
RE: Just
11 Sep '14
http://www.zerohedge.com/news/2014-08-20/china-becoming-global-gold-hub-and-gold-price-discovery-centre

NB. denominated in the Yuan, so the stickiness of the US$ gold link will be broken forever

At least it's something to talk about as we eternally wait for FH to get their finger out their a**e are allow MGA to exit admin. You have to feel that this is key domino in the cascading news flow to come.
johngilchrist
Posts: 3,778
Off Topic
Opinion:No Opinion
Price:0.23
View Thread (3)
RE: Just
11 Sep '14
I know that the talk of a paper gold crash has been around for a while, but the theory is gaining real teeth now.

Backwardisation ( protracted negative GOFO rates) and notably the September opening of the Shanghai Futures exchange (physical delivery) are major events.

So Harvey's prediction for xmas might turn out a cautious date.. Shanghai in September for me will be the watershed. Why trade on the Western Gold F&O markets if they can't deliver physical gold?

True price discovery will arrive when Shanghai starts to allow foreigner to trade gold futures
http://www.scmp.com/business/commodities/article/1450182/gold-trading-open-foreigners-shanghai
Arsenal221
Posts: 29,840
Off Topic
Opinion:No Opinion
Price:0.23
View Thread (3)
Just
11 Sep '14
watch a bit of the link & it is mentioned that gold price will surge up sometime this year to $3000/5000 per ounce.

Watch from around 13 minutes.
FOREMAN
Posts: 1,454
Off Topic
Opinion:Strong Buy
Price:0.23
Fishing
11 Sep '14
Had no trouble opening link on my I pad & I phone, but here it is again.http://m.youtube.com/watch?v=aZwSiHBxm0c



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.