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ECR Minerals Share Chat (ECR)



Share Price: 0.135Bid: 0.13Ask: 0.14Change: -0.0075 (-5.26%)Faller - Ecr Minerals
Spread: 0.01Spread as %: 7.69%Open: 0.1425High: 0.1425Low: 0.1325Yesterday’s Close: 0.1425


Share Discussion for Ecr Minerals (ECR)


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linandy1
Posts: 1,247
Off Topic
Opinion:No Opinion
Price:0.16
LOM
9 Feb '15
Hopefully your last paragraph i will be off at that point along with many other pi's
 
linandy1
Posts: 1,247
Off Topic
Opinion:No Opinion
Price:0.16
JD
9 Feb '15
Spot on post

CNr have done a good job with this share....when i saw the agreement with YA you expect this sort of manipulation
i remember YA being in FRR and remember the damage that done
PJ not a shrewed as he first seemed starting to look like old ecr again
like you say any good news and this will be sold into
board awarding themselves options too....lets see some income from somewhere first
too many projects here !!!! this has been remarked on before i know and totally agree
JDwag
Posts: 3,069
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (3)
RNS
9 Feb '15
The big problem we as PIs have is YA are going to hammer this into the ground in order to get as many shares as they can through the Conversion Rate. Every rise for the foreseeable future is going to be sold into by YA and that is why the SP is tanking here as people see ECR’s immediate SP future doing nothing, IF ANYTHING GOING DOWN.

The Options that the BoD granted themselves are a scandal, which is growing by the day.

Call me a suspicious man, but does anyone get the idea that the BoD are giving YA as many shares as they can in order to get all of their resolutions past at the AGM (including the Options)?

Time to look away perhaps.

JD
ali2k2
Posts: 1,060
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (2)
RE: sp
9 Feb '15
Its crazy how its being sold at 0.14p now!

I can't believe how far this has dropped back after all the work done last year being undone by YA and CNR.

I usually believed that good things come to those who wait but not in AIM as they just hammer you down the longer your in and they never reward the ones who are patient but the ones that just jump on the boat at the last second when something good comes out.

They messed up not selling there THEMAC stake in 2013 when they came out with there DFS and could of had another $2 million in the bank but now its worth $100k.

They have been slow to update on SLM and really not given us much on MGA either.

Only progress is in Itogon but that will take time and alot of work to get that off the ground so people can just leave and come back for that later.

They are interested in the Thailand project and are doing there due diligence which i hope if worth while is there last added assets for a long time until huge progress is made on there current assets as they could spread themselves too thin as more assets more costs and with this company that just means they happy to dilute!
RobRoy007
Posts: 347
Observation
Opinion:Buy
Price:0.16
Even if...
9 Feb '15
...the BOD pay off the $10,000,000 loan early, they will have to pay 10% interest PLUS 10% 'additional charges' on the loan taken out. Not much gonna be left out of that MGA money. If anything. Hmm... Obviously no income coming out of SLM for months at least - not even an RNS saying we've started mining. Huge doubts now over the viability of the Itogon project cos the dodgy government are planning to take a greedier cut from mining companies. Even if it is considered viable for production or sale, when? Lithium? Nothing there for months at least, if ever. Themac is a dead duck with an albatross of at least $40,000,000 debt around its neck, plus accrued interest. I think that was the position last year. And of course the mythical Andrews gold. And with YA (in cooperation with the BOD, it would seem) happily diluting the sp into a black hole, increasing shares in circulation to near stellar numbers - billions - the BOD have a helluva to try and pull out of the hat, just to pull the sp back to a respectable level. Oh, I forgot that they MAY have some new asset, or assets, to bring on board. Well, I just hope they are strongly income producing cos I'm beginning to have a strange feeling of 'deja-vu' with this BOD and the last lot.
xananthar
Posts: 245
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (2)
sp
9 Feb '15
wasn't going to do anything else with an RNS like that without an accompanying bit of news saying what they`re actually going to do with it.
ok so we have "near future" for SLM update... so, could be a week, could be a month, could be a year.

the next RNS is going to have to be pretty spectacular ... because whats actually going to happen is that any significant rises in SP will be hampered by a mass exodus of long suffering shareholders who just cant wait to get to break even or a small profit and get the hell out of this share.

we`ve seen too many climbs and then been pegged back in the past. how many long term holders will have their finger on the sell trigger button on the next big spike, and that's presuming the next hike in SP does anything other than reverse the losses of the past month.
johngilchrist
Posts: 4,744
Off Topic
Opinion:No Opinion
Price:0.16
RNS reaction
9 Feb '15
Just a negative reaction to this RNS not being the very delayed SLM update.

I'm hoping that there is a silver lining

It's iritating to see conversions at these prices. But at least we are fully funded, and the war chest is ready to support possibly significant M&A action
glovers
Posts: 3,057
Off Topic
Opinion:No Opinion
Price:0.16
RE: sp
9 Feb '15
Not surprised.
richy
Posts: 824
Observation
Opinion:No Opinion
Price:0.16
antonkett
9 Feb '15
well the sp is getting hammered
AntonKett
Posts: 1,999
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.16
View Thread (2)
RE: No care for the PI
9 Feb '15
Wow, lots of people with the Monday morning blues.....

Good luck all.





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