Register
Login:
Share:
Email Facebook Twitter

ECR Share Chat - RSS Feed

ECR Minerals Share Chat (ECR)



Share Price: 0.23Bid: 0.22Ask: 0.24Change: -0.01 (-4.17%)Faller - Ecr Minerals
Spread: 0.02Spread as %: 9.09%Open: 0.24High: 0.24Low: 0.23Yesterday’s Close: 0.24


Share Discussion for Ecr Minerals (ECR)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Arsenal221
Posts: 29,378
Off Topic
Opinion:No Opinion
Price:0.23
glovers
7 Aug '14
Generally everything seems to be moving in the right direction & now it is time for the level of sp to follow over the coming weeks.

I would not think it would be that long before Ecr announce on how they will work with MGA & one project that I have always been looking forward to seeing Ecr, moving on with, is Itogon.
 
glovers
Posts: 2,109
Off Topic
Opinion:Strong Buy
Price:0.23
Arsenal221
7 Aug '14
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.
Arsenal221
Posts: 29,378
Off Topic
Opinion:No Opinion
Price:0.23
Now
7 Aug '14
we wait & see, if we have a nice looking rns a.m. tomorrow.
Liquid_Gold
Posts: 450
Off Topic
Opinion:Strong Buy
Price:0.23
Insurance claim
7 Aug '14
Hi cheapskater,

I would of said the insurance company are classed as a creditor and thus they have been the ones who upon their own satisfaction of the claim being for filled allowed the creditors meeting to pass.

They are by far the largest claimant and that's why this process has taken so long, if they weren't happy it would even get to the second and final dividend tomorrow.

That's the final curtain call on the whole MGA saga and brings home as you say MGA into ECR portfolio and classed as an asset.

What this asset can then do in monetising the tax losses is the potential you invest in as there may be a surprise coming that none of the best researchers have contemplated?

Looking forward to Friday
Cheapskater
Posts: 102
Off Topic
Opinion:No Opinion
Price:0.23
View Thread (2)
RE: Forest
7 Aug '14
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.
forest4032
Posts: 3,285
Off Topic
Opinion:No Opinion
Price:0.23
steveauty
7 Aug '14
with AUS 7 hours ahead in perth where the the administrators are, news could be with us at 7.00 at open GLA
steveauty
Posts: 3,854
Off Topic
Opinion:No Opinion
Price:0.23
View Thread (2)
Forest
7 Aug '14
Heard news possible tomorrow on MGA finalisation of admin etc
forest4032
Posts: 3,285
Off Topic
Opinion:No Opinion
Price:0.23
exciting times
7 Aug '14
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
Liquid_Gold
Posts: 450
Off Topic
Opinion:No Opinion
Price:0.23
Meat on the bone
7 Aug '14
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.
richy
Posts: 604
Answer
Opinion:Hold
Price:0.23
johnsp
7 Aug '14
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.



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.