I sincerely hope so . Have been waiting patiently for ages. Think our time has come . Like to see 0.3 + and that followed by 1p. 2p next year ? Spoken to PJ and I see no reason why not . A nice bloke who knows his trade and comes over very genuine . Lets get moving ! In my books a strong buy.
Steve, possible we might have to find it on an Australian website rather than ECRs. Dividend is "declared" tomorrow which will give details of when it will be paid out. That takes us one hurdle closer to the administrators resigning and MGA coming home. Only one more to cross which is the assignment of the insurance claim. Authority has been given for it but I've seen nothing to say that is has actually been done. Once that is done and the divi payment date is passed ECR should be back in control of MGA within a few hours, or maybe a few days. Time to be optimistic and we should see some increase in volume in anticipation of ECR announcing it is back and hopefully have some solid short term plans for monetising the tax loss.
nearing for all ECR holders, with so much news to be released this month, starting most likely in the morning , time will tell how soon were notified firstly of MGA s release from admin, followed by our BODS intentions, were in good hands ATB F
This is what investors and potential onlookers wish to see and this year has seen great progress in delivering further proof Itogon was the right JV choice.
Progress at SLM being turned into a potential low cost mining opportunity.
Both gold plays take time and preparation and I would rather see diligence in collecting further data and say NO to either if the grades / potential weren't stacking up but thus far both are proofing worthwhile opportunities to continue.
Stephen wouldn't expose himself to share holders wrath to publicly say SLM can be turned into a cash generator very quickly and I believe him.
Stephen wouldn't deliberately drag Itogon out for the sake of it and I'm for one delighted to be proved wrong in originally saying Phase 2 should of been completed by now as it now appears blatantly obvious that from the phase 1 RC drilling and extra 3D mapping there's more gold then expected in and around The Glory Hole ( hence the name ) and the strike down to the Dangly River.
All this takes time and that's why you invest in potential early doors and reap the rewards further down the line.
I am bored with all this potential not being realised. so much talk of news just around the corner, an sp that has been a bargain to buy into since February!!!! the most exciting period ECR has experienced in many years? surely that happened last year when the company went from close to going under to turning the business around from over a million in debt to a million in the bank with an sp that reflected this rollercoaster ride. not that I am hoping ECR go back to that but in comparision things aint quite happening with our operations this year to rival that. still I am being patient.
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