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ECR Minerals Share Chat (ECR)



Share Price: 0.0108Bid: 0.0105Ask: 0.011Change: 0.00 (0.00%)No Movement on Ecr Minerals
Spread: 0.0005Spread as %: 4.76%Open: 0.011High: 0.011Low: 0.0108Yesterday’s Close: 0.0108


Share Discussion for ECR Minerals


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fleshheart
Posts: 2,161
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 23:15
E.g. if we owned a hotel 50/50 u would be expected to pay half the running cost. If u couldn't, I would get more of a share of the business.
 
fleshheart
Posts: 2,161
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 23:12
It will not affect our share at all. Works have halted. What it means is, if either party is required to stump up cash 'pro rata' for the operational payment (there is no operation at the moment), and can't, their share will be diluted.
fleshheart
Posts: 2,161
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 23:00
When they say that, they mean they have reduced their internal costs to survive. As they don't know how long it will be before they will see anything from danglay...
brandknew
Posts: 7
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 22:04
Let's discuss Danglay: http://www.ecrminerals.com/projects-investments/danglay-gold-project

'ECR is currently the operator of the Danglay project with the right to earn a 50% interest therein by obtaining, for CTGR, a mining licence for the project. The Company has already earned a 25% interest in Danglay by disclosing a resource estimate in accordance with NI43-101. ECR has the right to terminate the current earn-in agreement at any time and retain this 25% interest. In that event, any future expenditures in connection with CTGR and the Danglay project would be expected to be contributed by ECR and Tiger pro rata, or else the interest of the non-funding party would be diluted.'

Here the last sentence is important to me saying 'the interes of the non-funding party would be diluted' and this in conjunction with Tiger International Resources' recent statement 'We complied and chose to lay off staff, continuing with a skeleton management crew'.

So is Tiger now a non-funding party or not? Can we 'terminate the current earn-in agreement' and seize the remaining 75% of the 'non-funding party'?
TamerInvestor
Posts: 534
Off Topic
Opinion:No Opinion
Price:0.0108
FFS.......
Mon 20:28
....FFS
316NOSE
Posts: 666
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 20:00
flesh, if all we have is uas and argy maybe it's Micheal Silver who the "rebels" want to put back in charge.

LOL
fleshheart
Posts: 2,161
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 19:39
In this respect, lucky ecr is not a one trick pony. SC clearly has a wealth of opportunity in aus and maybe even Argentina ;)
fleshheart
Posts: 2,161
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 19:18
I thought that phillipines were big into mining so how does this impact on employment and GDP? I suspect a bit of time will pass and whenthe coffers begin to empty, someone will get the sack....
fleshheart
Posts: 2,161
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 19:15
My god. Swampy returns!!!
316NOSE
Posts: 666
Off Topic
Opinion:No Opinion
Price:0.0108
RE: For a fair and balanced view
Mon 19:09
http://www.bloomberg.com/news/articles/2016-06-05/philippine-president-elect-duterte-warns-mines-on-environment

Wouldn't have been a surprise to a Miningmaven eh.

I suppose its all about being in the know and getting the timing right.




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