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ECR Minerals Share Chat (ECR)

Share Price: 0.125Bid: 0.12Ask: 0.13Change: 0.00 (0.00%)No Movement on Ecr Minerals
Spread: 0.01Spread as %: 8.33%Open: 0.125High: 0.125Low: 0.125Yesterday’s Close: 0.125

Share Discussion for Ecr Minerals (ECR)

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Posts: 26
Off Topic
Opinion:Strong Buy
Today 06:55
A turning point in sp now looking forward to a healthy rise today and over the course of next week as we await the results of itogon and slm.
Posts: 3,962
Off Topic
Opinion:No Opinion
Taken from TGR BB
Today 01:45

RE:How much would it be worth?

We do know there is 300,000 oz of gold as per the drill report in the early 90s (if the date serves me correctly); so base on that we can work out an assumption with current gold price:

$1188 - current gold price

Assuming the cost will $500 per oz (alot more than the 30 million)

Therefore, it will leave us with $688/oz for profit.

300,000 x $688/oz = $206,400,000

ECR in 50% = divide by 2 = $103,200,000 for each company.

TGR's net worth is $10.4 (but at market value may be sitting at $4)

** Don't forget there may be copper at deeper level and perhaps new gold as well.

Of course this is all just an educated guess.....but if we do find a million oz at the surface level...then watch out


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