That was exactly what this company was for me and I have been cut so deep and too many times that my wounds would never recover for them here. I am pretty much stuck in a comer here.
The worst company I ever invested in as they had great potential and was in a good position at one point but screwed it all up big time. Still baffles me how they took so long to decide to sell THEMAC after the DFS as everyone knew they had no intention to keep it. If they sold there stake in THEMAC at its peek after the DFS that alone was more money then the entire shares loan money they received from YA Global so far.
To having a peek market cap of around £25 million at point to now struggling to stay above £1.5 million and having nearly 3X the amount of shares since then.
What a joke but i am laughing more at myself now for staying in them so long and believing in such a scam in the first place.
Glovers - lol interesting/exciting.. Come on now.. That's a bit over top. There is potential but I'm neither interested until it's proved OR excited until the share comes out of the death spiral. Can say that this has potential but at a massive risk. All depends on how they can raise money going forward IMHO.
How excited will you be when there are another billion shares issued just to keep going, or several more billion to actually achieve any firm results? More billions would be needed before any form of production could be started, any JV partner would want the lion's share because they know that a cash strapped ECR couldn't go it alone. A balanced view is needed here, I have seen too many words like TWIS is spamming the board with over many years of watching this share. In my opinion.
exactly mate, we all know the downside here as well as the upside. I want to make at least many multiple times my initial investment here on news over the short to medium term can't wait and i am soon excited for news here!! in my view.
I go along with your positive views on ECR. Probably the most interesting/exciting company on AIM that I have been in. Craig Brown's CV speaks for itself. He would not give ecr a second look if he felt it was a failure. Would damage his reputation. SC young/dynamic and a clever head attached. He has also learnt a lot from Paul Johnson. Don't underestimate the board. I have lots of eggs in this basket and a lot of chickens will hatch !!!! Watch ecr Watch this space. Good luck
Mr. Craig William Brown, C.A. has been Finance Director at ECR Minerals plc. Mr. Brown has over 21 years of experience in senior management and finance roles within the exploration and mining industry. Mr. Brown served as the Managing Director of China Nonferrous Gold Limited until September 2013 and served as its Finance Director and Company Secretary. Mr. Brown served as an Acting Managing Director of Kryso Resources since July 2010. He has spent ten years working in the mining industry in Central Asia. Prior to working in Central Asia, he was a Chartered Accountant working in private practice in New Zealand. Mr. Brown worked for Nelson Resources Limited from 1995 to 2001 in various positions ranging from Chief Accountant to Director of the Joint Venture Company that operated the Zeravshan gold mine. From 2001 to 2003 he was Chief Financial Officer for Gulf International Minerals Inc. and from 2003 and 2004 he worked part-time as a consultant. He has been a Director of ECR Minerals plc since May 3, 2016. He serves as a director of several mining joint ventures in Central Asia. He served as a Director of China Nonferrous Gold Limited since July 27, 2004 until September 2013. Mr. Brown qualified as a Chartered Accountant in New Zealand in 1993.
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