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“Craig was probably delayed because he’s been at the pub with his buddies laughing about the placing”
:D
Judging from the activity of a number of members over the weekend (honestly guys get out and go for a walk) I think some heads might actually explode with conspiracy theories if StockBox aren't able to publish tonight. haha
Lots to watch tonight in no particular order
Masters final round
Line of Duty
Craig
Got to have a sense of humour
Kit,
Don’t try and imagine. Stick to the facts. At least that gives one a lucid view. I’d rather be wrong based on fact than imaginings any day.
Can you imagine the editing suite after the interview with Craig
No edit that i cant say that
No edit that ive already said that
No edit that it does not sound good
No edit that i meant to say something different
No edit that Novum are fee grabbing brokers and have such brilliant contacts with insitutions not
All we have left Craig is you have raised £2m for additional drilling for your chums who have sold all their old warrants and would like some new ones
Oh yes and an RNS tomorrow at 7am for a JV in the morning
What a PR crash the last 4 months have been with him saying everything and telling us nothing
Can the real Craig Brown please stand up and regain some credability please
The placing was as far as I can see by 1 individual/ company? People just opted to buy in when the bud opened up low was too close to market time to allow it a first come first serve situation.
It wasn’t a premier-bid it was one placing but people bought in at the new low of 2.2. Taking advantage
It isnt one buyer, plenty on twitter have said they took part in the placing.
Yeah and definitely not out of the question. I think it will be a few weeks yet. But looking back at the start of the year, we couldn’t keep CB off our screens. If the results are positive you’ll be likely to hear from them the same day/following day
Even when they’re not very good, they come out and sugarcoat it all the terminology “path finding elements”
Thanks AG
Was wondering if the interview is aired tomorrow only what are the chances that an RNS regarding the assay results is released? It would be a opportunity to talk about the results in the meeting. Otherwise additional media appearances would have to be arranged.
I guess multiple media appearances is always good.
Just a thought, could the buyer of the 90million order not be SHENYANG XINLIAOAN MACHINERY CO LTD farming in to the accelerated drilling and will become our JV partners ??? Would make sense if craig had disclosed assay results and they have thought we have all the machinery and are already invested massively why not get in cheap at 2.2 have a big percentage of JV but not ridiculous and then cash in at 5p warrants too if they know we will mine both areas. They would probably give us a much better percentage too.... ??
Just a thought, could the buyer of the 90million order not be SHENYANG XINLIAOAN MACHINERY CO LTD farming in to the accelerated drilling and will become our JV partners ??? Would make sense if craig had disclosed assay results and they have thought we have all the machinery and are already invested massively why not get in cheap at 2.2 have a big percentage of JV but not ridiculous and then cash in at 5p warrants too if they know we will mine both areas. They would probably give us a much better percentage too.... ??
ShadowLess I got the impression it was being recorded today and realised shortly after. And again tomorrow AM. I think stock box will update Twitter at some point today to clarify
I owned shares from since last june thanks, luckily was riding free. However, lack of transparency from CB and the ones in the know about the placing forward selling! Has hit all our pockets.
Each to thier own from this point obvs. Better opportunites out there now. Hench why i pulled the remainder of my shares. This will get pumped again though by placess soon enough , once warrants are wades through. So is expect a spike at some stage.
CB is full of s h i t e ,
The end
Sorry guys when is the interview being aired? Sunday or Monday?
Well some like to take an interest and don’t sponge investment advice and research off the back of others
I’ve filed L_Graham86 under “DOES NOT ACTUALLY OWN SHARES IN ECR” a long time ago with the rest of the crayon crew. Be nice to get some good news so you won’t have anything to moan about for a while.
Seems a few are going to still be hanging onto CBs every word again , in tonights interview..
Once bitten, twice shy........
Greengrass. Good point. I’ve had a friend message me asking why investors are imploding and are in turmoil all over social media. It has absolutely no benefit to ECR for new investors seeing the sentiment is lower than shark ****. They’d avoid it like the plague. Il reserve any further judgement until I hear his interview. It’s not a concrete RNS but it’s the ceo of the company we’re all invested in, briefing us.
If it turns out the £2m will just be blended in and used for “general exploration” purposes and it “strengthens” our position, it will be very underwhelming. I’d like to him to pin point any additional activity and/or purchases the company have made or are willing to make in the immediate future with the placing funds.
No more talk. We need results, starting with the assays in a couple weeks time.
greengrass7 seems we pretty much posted the same thing at the same time
several folk here have mentioned a period of 4-6 weeks to plan and execute a new share placing, I'd question whether that is always the case.
I'm not saying that this one must have been much quicker, or slower, however much depends upon which way the placement is being driven.
If a company has to go out and promote to find investors that can take time. If alternatively there are queues of investors waiting to put money into a company, all remaining in contact repeatedly offering to invest under different terms and offering a company different advantages, then timing can be very different. I don't know how quickly the legalities and paper work can be rushed through but I'd imagine much of it is routine once an offer too good to refuse comes along.
I am invested in one company that issued a surprise placement due to a pressing demand for shares from an institutional investor wanting to get in on a good thing. An "investing partner"" that may offer behind the scenes advantages for company management and which in the above case eventually lead to a later announcement of a new board member joining the company in what some saw as a backdoor semi-JV.
I'm not saying that is what has happened here but there are many reasons for placings and the most sensible thing to do before judging is to wait for some actual information to judge.
I don't believe Craig had any intention of doing a placing when he stated we were fully funded. I suspect this raise is the idea of Novum, for the benefit of Novum (no placing they and they're clients don't profit)while threatening Craig with 2 million quid. The lure of the cash proved to much and he agreed.
Novum are a poor operation, there is plenty of information regarding them and there emloyees available. Check the accounts on companies house.
Doe's anyone think its a coincidence that the share price has been relentlessly marched down over the last couple of weeks.
This is how AIM works, probable forward selling,short selling or general unloading of those in the know, the sharks flourish while shareholders get shafted, if you can't accept that there is no point throwing your money in.
I hope i'm wrong but i wouldn't be surprised to see Spread Ex or Monecor declare a TR1.
Unfortunatley this whole episode has eroded many peoples confidence in CB. It's a real shame because there is no doubt of the exciting potential of the company.
Personally in my eyes CB would gain some creditability back if he accepts he was planning placing when he was shouting we have enough funds till 2023. Placing didn’t happen last week. It takes 4-6 weeks to plan one and execute it.
Also I wonder if he has courage to tell us why we were not allowed to take part in placing. Why not primarybid offer to us????
Trumpy - yeah it’s just a waiting game. It’s always a gamble investing on the stock market, you’ll never escape that fact. I just can’t see somebody or an institution snapping up 90,000,000 shares if all 6 holes are going to be dusters. Whether an NDA was signed with the placee and Internal XRF data was passed on before signing.
Just speculation I suppose and 2.2p I consider a very good average for what ECR have in store over the next couple of years. Looking forward to the interview and to see CB addressing a couple of issues.
We know the grades where we hit the reef will be good as visible. So the next holes will no doubt have been chasing that reef. He would know that if they come up with nothing and if he has done this placing after purposely not telling us as results bad! then there will be mass exodus out of here on assay result day and no one would invest in him again! So i reckon decent results must be coming very soon! Can't explain why he did placing first though in this scenario unless it was to let people in! Maybe there are other explanations!
I will be abit annoyed if the drill results are no good. Not because I expect them to always be good but it will then look like he seen the results and thought he wont show the market so he could get the placing done. However I don't think the results will be bad I think they will be amazing and he is raising cash to seriously accelerate drilling.