He has taken a notifiable holding - this could fly with just a 2m mcap - serious gold grades, plenty of news flow, gold price soaring and a very shrewd new management team replacing the old farts... bags and bags imo
A Chinese company invests half a million in a small aim stock. Locked in...can't sell. Warrants at 2p and 5p. Why??? They clearly have big ideas for this company and may have some deals in place. Or even a reverse etc. It is a bit of a sensation however you look at it..in here at .8 but I bought lots more today at much higher prices. Can see 3p sharpish just on this news. Ecr can just phone their new investor if they need more cash for a big deal!!
"ECR’s recently announced plan to drill the El Abra and JV prospects in Argentina is in addition to the drilling planned in Victoria, and as a result, the Company is set to enter a particularly exciting period with plenty of news flow.”
They were happy to pay 1.0p for 500k investment and we are already up 40% also they are locked in for 12 months, looks good for May-June charts. Fingers crossed for higher highs. Hope the directors will spend the moneys wisely on the drilling (hope for good results) and licences.
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