0.2652 TO BUY Is this what people r buying into FROM the RNS on 21st of july
" LONDON: 21 JULY 2014 - ECR Minerals plc is pleased to provide the following update on activities at the SLM gold project in Argentina. The SLM project area is 100% held by ECR’s wholly owned Argentine subsidiary Ochre Mining SA (“Ochre”).
Further to ECR’s announcement of 24 June 2014, the programme of cleaning and sampling historical trenches in and around the JV-14 zone within the SLM gold project area in La Rioja Province, Argentina referred to by that announcement has been completed. Samples from the trenches have been sent to an independent, internationally certified laboratory for assay. Assay results are expected in August 2014. "
April exhibitor show Paul Johnson mentioned the elastic band effect and it's seems the experts see it coming too and with my expectations of SLM going into production soon and the massive gold play at Itogon which will be transformational who's to say the MGA tax losses won't see another gold play that's already operational added to our portfolio.
This week's interview on Palisade Radio, which conducts discussions with top experts in junior mining, features returning guest Jeb Handwerger, editor of Gold Stock Trades.
Palisade Radio says:
When asked what the current geopolitical landscape spells for commodities, Jeb says that all the uncertainty in the world right now is fuel for the precious metals and the energy sectors. Looking back on history, Jeb claims that the invasion of Iraq in 2003 proved to be a huge boost for the junior resource companies and precious metals.
Jeb points out that everyone that is in the natural resource sector, are fortunate, because they can take advantage of all of the uncertainty in the world right now.
Some of the charts of the junior miners are showing an inverse ‘head and shoulders pattern’, equal to a bottoming pattern, and Jeb believes we are at a potential turning point for the junior mining equities. This could signal a final turn from a secular bear market that has lasted since 2011, to beginning of an uptrend which could last 4 to 7 years.
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