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Michael Masterman talks on WRES potential & Tungsten market Watch here

Michael Masterman talks on WRES potential & Tungsten market


ECR Minerals Share Chat (ECR)



Share Price: 2.05Bid: 2.00Ask: 2.10Change: -0.025 (-1.20%)Faller - Ecr Minerals
Spread: 0.10Spread as %: 5.00%Open: 2.075High: 2.075Low: 2.05Yesterday’s Close: 2.075


Share Discussion for ECR Minerals


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keyap
Posts: 335
Observation
Opinion:No Opinion
Price:2.05
RNS - Results Of GM
Today 18:04
ECR MINERALS plc

RESULT OF GENERAL MEETING

The board directors of ECR Minerals plc (the “Directors”) are pleased to announce that at the Company’s general meeting held today all resolutions were passed.

ABOUT ECR

ECR is a mineral exploration and development company. ECR’s wholly owned Australian subsidiary Mercator Gold Australia owns 100% of the Avoca, Bailieston and Timor gold projects in Victoria, Australia. ECR has earned a 25% interest in the Danglay epithermal gold project, an advanced exploration project located in a prolific gold and copper mining district in the north of the Philippines. An NI43-101 technical report was completed in respect of the Danglay project in December 2015, and is available for download from ECR’s website.

ECR’s wholly owned subsidiary Ochre Mining has a 100% interest in the SLM gold project in La Rioja, Argentina. Exploration at SLM has focused on identifying small tonnage mesothermal gold deposits which may be suitable for relatively near term production.

Market Abuse Regulations (EU) No. 596/2014

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR). Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information is now considered to be in the public domain.
 
Davbro68
Posts: 2,109
Off Topic
Opinion:No Opinion
Price:2.05
RE: Argentina............
Today 17:15
Link to Shenyang website is not working here. Try the link provided by ECR Minerals on RNS dated 6th March.

http://www.ecrminerals.com/investors-media/news-releases/2017/779-receipt-of-subscription-deposit-gm-23-march-2017
Davbro68
Posts: 2,109
Off Topic
Opinion:No Opinion
Price:2.05
RE: Argentina............
Today 17:11
Here is the website link for further info......

http://en.syxlajx.com/

There is a distrubutor in Argentina importing SMTCL (Shenyang) products. Click on the brands

https://www.machinetools.com/en/companies/84592-defante-and-cia-sa
ojls
Posts: 234
Off Topic
Opinion:Strong Buy
Price:2.05
RE: Argentina............
Today 14:15
Mining equipment and manpower! As far as investors go for mining companies they are about as good as you can get!
TamerInvestor
Posts: 776
Off Topic
Opinion:No Opinion
Price:2.05
RE: Argentina............
Today 13:10
.....what is the principle business of the Chinese investors?
TamerInvestor
Posts: 776
Off Topic
Opinion:No Opinion
Price:2.10
Argentina............
Wed 19:31
"The Directors believe it may be beneficial in future to acquire the Esperanza plant, plant site and infrastructure in order to support the development of Ochre’s activities at SLM. The plant site hosts a small scale processing plant, offices and accommodation units, and is located on several hectares of land. Acquisition of the plant, site and infrastructure would provide Ochre with a permitted small scale processing facility which would potentially be suitable, with some modifications, for metallurgical test work and gold production. The acquisition would be subject to the agreement of satisfactory commercial terms with Esperanza. As an alternative, the Directors may consider the possibility of acquiring a similar site in the area and establishing a new facility"
Davbro68
Posts: 2,109
Off Topic
Opinion:No Opinion
Price:2.15
RE: big blue day
Wed 13:20
Good news today with the confirmation on the licence transfers. IMO the sp was already overbought on the 9th March and a retrace was expected, but was reversed by the TW tip and subsequent buying pressure. I am still looking for my top up price which I may / may not get.

Next news could be Argentina, that's where Craig has been very recently.......

https://twitter.com/search?q=ECR%20MINERALS&src=typd&lang=en

but he needs to get a move on and head back to the UK, unless he is already here for tomorrows AGM.

https://www.ecrminerals.com/investors-media/circulars
Bottmzup
Posts: 705
Off Topic
Opinion:No Opinion
Price:2.15
RE: big blue day
Wed 12:55
Cheapskater, thanks for the considered reply and agree largely with what you say.

I think it was someone else who mentioned the `buy on rumour, sell on fact` ditty, and I didn`t call this morning a sell off, but agree with your last sentence......

So perhaps the sells are people who think we have peaked for a little while and can make better use of their funds elsewhere.

...and some will just be waiting to buy back in cheaper, it`s now a matter of how low it will go! (without any NEW news)
Cheapskater
Posts: 210
Off Topic
Opinion:No Opinion
Price:2.05
RE: big blue day
Wed 12:16
Bottmzup wrote "I think they have been sitting on these permits for a while and chose today to release the confirmation because the sp was showing weaker signals."

I very much doubt that because the permit date is specifically states the 17th which was last Friday. They do not issue these things with future dates on them and I'm not sure how quickly they then send that around their internal systems before they notify the applicant but I seriously doubt it is less than 1 day so a Wednesday announcement is probably as quick as they could get it to the market not during the trading day.

Agreed that is is factored in as expected news though. No significant reason it should create a sell off though as it's not a confirmed rumour. It's just detail around a previous statement. it does show there are limitations on it but not significant caveats, just that ECR need to have agreement for a work plan for anything other than "low impact exploration"

The rumours can start now about the when the drilling sites will be identified and the work plan submitted and when the drilling can start, what it will cost (whether is it covered by existing funds) etc but the main rumours won't be until we get closer to the results of the drilling, which are months away. So perhaps the sells are people who think we have peaked for a little while and can make better use of their funds elsewhere.
mercman7
Posts: 1,643
Off Topic
Opinion:Strong Buy
Price:2.05
bottmzup
Wed 12:16
what were you saying?? buy in cheaper???




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