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Glitter tip, you are the one who sounds like a moaning child and you are that thick you dont realise that it is YOU who are adding petrol to the flames .I said my piece and had done with it but idiots like you keep bringing it up and prolonging it .If you keep posting then I will will reply back . It's you that's prolonging the negativity you fool ...not me !!
anyone have the link for the interview?
at least I have a load of RMM to go with my ECR
Loch u just sound like a moaning child get over yourself, you’ve stated you’ve sold so your only bringing negativity to the board if that’s how you want every adult on here to view you as then carry on I’m just saying that if your out of a stock then your words mean nothing here you don’t own any of the company so stop stressing about something you have no skin in !
I will move on when I say so and not when you say so .If you dont like what you read then do something about it .you cant tell anyone what to do on any bulletin board or anywhere else for that matter . Like my investment, I will judge where the exit point is .Not you .
@jtb @PaulFg a few of my companies that Rick ranked are operating in Australia (incl GGP which he still ranks as a 4) so I don't think that location can be a factor in not offering any view on ECR.
Of course we know nothing about what may (or more likely may not) be going on behind closed doors but circumstantial evidence does prompt a lot of questions.
@JTB - in fairness he did rank GGP at 4 (1 being highest, 10 being lowest) but had no comments on it.
The AIM comment is very interesting - I didn't hear it, or forgot it - but yes I too always remembering him being anti-AIM, or at least pretty derogatory about it.
You’ve had all the rant you want messages after message, think your done now move on to your next investment if your not sticking around just sound bitter and sour. Good post AG, we need a full picture of where and what we are doing next personally I’d start but punching more holes and getting a jv over the line, once that’s done then move onto our other prospects. Some will be bad some will be good we only need one jv and one money out and we have lift off.
Goldenop... yeah whatever ... The sp has crashed by 65% this year .Investors are largely in the dark and the interviews provided much optimism but little substance .The placing was also ill judged . These are the facts and many including me have sold . But not without venting our anger which we have every right to do .I wouldn't say theres anything pathetic about that .Certainly not from an investor point of view . The placing and timing of the results spoke volumes .End of .
I think we've all had our say about what has happened and the share price reflects that disappointment. Decided to either focus on the positives (CB hopefully the first step) or sell up as constant moaning can be very corrosive. I'm staying put and might even top up at these levels if I like what I hear from CB today. gl
@Loch - reading your posts you keep repeating you feel deceived, you decided to sell - I'm happy for you, I hope you do well in the future. You did also interpreted my last post as I was calling investors pathetic where in fact I have not, all I wrote is that in my opinion, judging and concluding someone's life long reputation based on what happened over a short period with the SP was pathetic (attempt).
jtb - I get what you say about Rick repeat himself a lot, though I think that is, in part, because he is such a popular interview guest and so many people want to talk to him and ask him the same questions.
However I will say he seems far more knowledgeable than most pundits, and does genuinely seem to have an interest in educating, rather than merely promoting himself or flogging something to you so as to increase his own wealth. Plus a lot of what he says seems decent common sense and fits in with my own way of thinking so it's always good to have your own views backed up by those others regard as successful.
@Happyhaddock - indeed it's unusual for him not to have an opinion - he generally pontificates on just about everything, lol.
I remember thinking bizarre too. ECR struck me as exactly the sort of company he likes to buy into.
@PaulFG I initially though Rick Rule might simply ignore anything below a minimum Mkt Cap but he offered ranking/opinions on others in my portfolio of a similar size to ECR.
I don't know why he doesn't comment upon ECR but it did stand out that the only other company he didn't offer any view or ranking for was one that Sprott are know to have invested in.
read in to that what you will?
@Happyhaddock
That's interesting - when I sent Risk Rule my portfolio to analyse - at the beginning of April - he had no rating on ECR and no opinion.
Too high hopes for instant SP gratification. Long term investment case still sound and to play for... but big difference between buying at £0.007 and £0.04 for almost same state of play. Pricing in fair bit of upside, pre-outcomes is quite speculative. Thinking back to the Alan Green podcasts last year when I got in things haven’t changed that much; except now have a drill rig and more cash.
Jezzoo
This, for me is where he misjudged the situation, he was probably aware of the results and the negative impact that it would have had, and so was talked into getting the placing away at the higher price.....I think he should have gone the opposite way, results out, sp drops, explain the need for a placing and then we could have moved forward.
An asset is only as useful as the management...ask George Roach or Andrew Prelea
Pippilongstockin... I have been in this share nearly a year so the tennis match is fairly well on now . For a year I have researched, watched and listened, and believed . I now believe I have been played and deceived .And looking around me I am most certainly not alone with those beliefs .In the last 4 months the ball has hit the net several times , contrary to your analogy , the placing and uninspiring results based on nothing but superhype represent set and match !!
The following does not in anyway count as anything more than wild speculation so I'll leave others to form their own conclusions...
Many here will be familiar with Rick Rule (sprott management) and the excellent interviews he does about investing in the precious metals sector, where he recently commented upon the strength and potential emerging in Australia that many in America tend to overlook simply for not being on home soil. If people listen to his interviews they may be aware of the fact he will rank investment portfolios based upon his perception of risk/reward. Consequently I submitted my portfolio to him out of curiosity....
Of sixteen companies I own shares in, he (or at least his database as I don't imagine he personally reads and hand types replies to the thousands who contact him) offered rankings for 14 of my sixteen companies; two he declined to offer an opinion on;
One is a company that Sprott is heavily invested in, the other was ECR.
You can join the dots to form almost any picture you wanted but it struck me as curious!
You can see why he pushed a placing through now, I doubt any one would give him the money after yesterdays RNS.
What did Mark Twain say ?
Not particularly, Id rather wait to see what a fully funded and equipped explorer can find... I wouldn’t forfeit a tennis match either if I hit the first shot in the net... but that’s what @Lochrabzalad has done & is entitled to do that. No issues from my point of view - I just think it’s a waste of time to keep ranting.
jackthebear
I’ve been averaging down for the last few weeks, with a limit order filled just a few minutes before yesterday’s rns....might take a few days for me to see anything positive
@pippi Why do you keep saying people who got in at a high price had too high hopes? When the share price was 4p we were led to believe a jv was imminent, we were fully funded and just about to start drilling with our own rig. Looked like a sound long term investment to me. You act like its our own fault for buying in higher. Would you warn potential new investors off buying in high if the sp climbs again?
I have exited thanks . I had no option .A large gain turned into a loss because of appallingly handled business by the man in charge .I dont need investment advice though .I make my own choices . We all do . You cannot make a pigs ear of things and expect to receive a thank you card .That placing , twinned with those results left many investors with no confidence. If you cannot trust the man in charge you tend to leave .That's kinda how it works. When you trust someone implicitly and they themselves erode it by bad management then the decision is made for you .People saying CB has communicated with us frequently are deluded .Yes , he has communicated freely all right , by telling us absolutely nothing . This bulletin board for the last 4 months has been non stop questions .Does Craig mean this , will he do that etc ? It's one thing doing interviews but as I see it it we were told very little .And i do recall the words fully funded too , or are we all just making that up ? An interview that tells you the opposite of what is actually going to happen is completely worthless .Smell the coffee ffs !! Investors here have not got what was inferred. They have got the opposite. The interviews cannot be believed anymore .And the silence recently speaks much more than the interviews. No wonder he kept quiet .He knew what was going on alright. It's a pity the people that backed the company did not !!
@JTB - "TBH most of the 'negative collective' seem to be posters i don't remember seeing on this board until yesterday morning. "
EXACTLY what I was thinking.