Register
Login:
Share:
Email Facebook Twitter


Share Views: Mike van Dulken on today's Company Results and Macro considerations


ECR Minerals Share Chat (ECR)



Share Price: 0.975Bid: 0.95Ask: 1.00Change: -0.025 (-2.50%)Faller - Ecr Minerals
Spread: 0.05Spread as %: 5.26%Open: 1.00High: 1.00Low: 0.95Yesterday’s Close: 1.00


Share Discussion for ECR Minerals


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


tijaarah
Posts: 170
Off Topic
Opinion:No Opinion
Price:0.975
over done
Today 16:33
Yes the drill results were below par, but there is no reason for this mcap to be at 1.87m.

These is around 1.5m in cash value.

All the assets are currently valued at 0.3m.

What do people expect off the new bod...

Consolidation has been done, financed has been raised at a decent sp of 1.8p.
They have acquired 2 licenses in Australia which is not reflected in the sp for obvious reasons.
They have also carried a small exploration on the licenses to better determine where to carry out drilling. You can't just carry out a dilling programme without knowing where to drill.

However the sp has come down 50% on a small drill exploration on assets that weren't even factored in the sp in the first place.

At the end of the day there is new bod in place, they have finances, lets see if they do better than SC and the previous bod who were unable to add any value and diluted the company to death.
 
mercman7
Posts: 1,746
Off Topic
Opinion:No Opinion
Price:0.975
no real assests in
Today 16:12
Australia, you get what you pay for.we paid peanuts for the assets, so we are getting peanuts.The new board promised so much and have delivered nothing, the Chinese surely not impressed, those who were in fundraising at 1.8P must also be pretty miffed, way too much hype in the early days of the new BOD so now on bad drilling results we are back just about to the consolidation price. why oh why do I believe these Directors?
Conkersdeep
Posts: 147
Off Topic
Opinion:No Opinion
Price:0.975
Do Not Invest in this share
Today 16:00
Do not give this company any of your hard earned cash, it has not delivered for a number of years now and even with a relatively new board they have nothing which appears worth investing in
mikebassetts
Posts: 1,513
Off Topic
Opinion:No Opinion
Price:0.975
looks oversold to me
Today 13:42
they raised funds just few weeks back at 1.8p and now it's under 1p..
cashed up for further drilling in Argentina and Australia so why sell now?
Dill1
Posts: 819
Off Topic
Opinion:No Opinion
Price:0.975
ECR
Today 11:53
long term holders have seen no reward in this share...... when will our day come? waiting a long time now.... its seems to be one step forward and 5 steps back.... I hope the BOD read these comments FRUSTRATED LONG TERM HOLDER
K1NGS
Posts: 305
Off Topic
Opinion:No Opinion
Price:0.975
Ecr still making money
Today 10:14
Big sell off today sp will see a big jump today
MontyUK
Posts: 271
Off Topic
Opinion:No Opinion
Price:1.00
RE: getting ready for the big rise
Tue 23:50
Let's not lose sight. New BOD with good track history, small float, low MCAP, Chinese on board. Bottom line is it won't take much to push this up fast. Those in four years ago won't see their money again, but 5x rise from here isn't beyond reasonable... no doubt last RNS wasn't great though. Support around 0.9, and seems to have bounced off it?
usurge
Posts: 49
Off Topic
Opinion:No Opinion
Price:1.00
Where's Crocodile Dundee!
Tue 22:21
Promised so much but I say it's plummeted to a fiasco! Aim is a rollercoaster.... Downtrend where to next? As said time and again board and their Aus expert should know a hotspot....
greyterrier
Posts: 8
Off Topic
Opinion:No Opinion
Price:1.00
View Thread (2)
getting ready for the big rise
Tue 17:55
a word of warning guys really think long and hard before investing money in ecr . i invested (gambled) £6000 in this company four years ago and that is now worth £60 . they are a money pit ( pardon the pun ) GLA
Juxtaposed
Posts: 207
Observation
Opinion:No Opinion
Price:1.00
View Thread (2)
RE: Getting ready for the big rise
Tue 17:02
ECR (or Mercator Gold as it was back then) mothballed SLM after poor results and to see SLM re-emerging 5 years later or whatever it is as the next big thing shows how bad things have got here. Shocking. If this is what people are waiting on then don't hold your breath and I would certainly caution 'investing'.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






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.