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@djwall1s. You could be right. I've just been looking at their Twitter account and it's fine. Much improved from a while ago. That mutilated interview wasn't their fault. Looks to me like i'm being picky. Thanks for your perspective.
'PS. If other people don't see a problem then it's just me being too picky.'
Yeah I wouldn't worry too much. They're a tiny outfit and are at a fairly early stage. I've seen much worse presentations tbh.
When I was in GGP in a big way they produced a ton of grade A graphics and spent a lot of effort on presentations long before hitting a home run with Haveiron. Everything was about another asset, Ernest Giles, which panned out to be unviable at the time, too big and remote to get serious with. So you see the opposite can happen, a company can spend tons of time and effort on presentations and websites and still come up against a wall. Or with nothing. It doesn't matter what material format the company produces, only physical lab results will do the talking.
I don't post much these days as I'm pretty much bored of the same stuff over and over again, this is just another one of those things.
Price will go up and down and that's all there is too it until such time as:
License developments Drill results (which I posted previously wouldn't come when hoped for) JV, buy ins etc etc come out.
I have zero interest in psychoanalysis of a presentation, trust me IIs don't give two turds about speculative communications regards to if JV partners are 1 or 101, they care about it being done.
II investors aren't interested in speculation.....they have no emotions and are data driven. This presentation offers basic data. If they are looking to invest they will contact directly for specifics.
A few on here would do well to follow their example, far too many emotions, up and down based on opinions of a few BB punters.
We are not being manipulated etc etc, all non sense, their is nothing new coming out of ECR base camp. when it does, the climb will start. All you can do is buy in and relax
PS. If other people don't see a problem then it's just me being too picky. If that's the case i will be quite happy to find out i got it wrong. If it's not coming across this way to other people then it's problem solved.
@SnipVW: Hi. They're well funded and they'll be even better funded when the JV comes through. It might be time to spend a bit of the cash on upping their game in the PR department. It doesn't have to be some flashy marketing company: other companies have websites that look better and are easier to navigate. They could give interviews to Proactive Investor rather than Sharetalk or Stockbox especially after the way the last one was mutilated. It doesn't have to cost a fortune.
ECR are a tiny gold exploration company, I'm not sure what you expect from them? They employ 2 people + Craig who are not hands on in exploration and drilling activity. Craig, I would think is quite busy pushing the company along and saving spending on outside consultants. Unless you want them to spend serious money using a flashy PR/Marketing company?
All that's important is how much cash they've got and what are the results from drilling. Nothing else matters.
@LeFlic17: "JTB - well it is a fundamental change in terminolgy from Craig's last interview."
Hi. The thing is - i think 1) the terminology pre-dates the interview because 2) they are unable for legal reason to be more specific about what is happening now. So they just used the old phrasing. But IMHO that is part of a larger problem: the quality of PR is really letting the company down. There's a superb case for investing in ECR and CB himself comes across really well in interviews. But the PR is coming across as 3rd rate and amateurish. There are scrappy websites that don't seem to be updated and you have to work out which one of 2 is the best one to be looking at, interviews are cut up into pointless snippets and released in the wrong order and at stupid times - that kind of thing. It's frustrating and it lets the company down badly.
And until a deal is signed it is not doe. If the one party is the preferred bidder , then I am sure that CB would not have shut the door completely on interested party no 2, just in case the first party deal falls through. Always good to have a fallback position and the ability to invite another bid....so there may be interested parties still....just one preferred bidder.
I mean there are a few license applications across Creswick. Maybe there are other interested parties regarding other JVs, idk.
I think it more likely its just a generalisation for the layman, until something is signed off. If the current deal on the table hasn't come off so be it. But I've yet to see a company boast on a presentation that a deal was 'near completion' or all but done when it wasn't. They tend to stay neutral.
If the deal comes off, it's merely a case of amending the presentation and uploading it again.
I think they’d be silly and premature to state in a brand new company presentation that a Creswick deal is all but done.
Yeah leflic I just think it’s for the benefit of investors looking into the company to show the interest is there. Whilst judging from CBs latest interviews it feels more like talks have gone very well with a couple of things to finalise, but it’s likely they will get a deal away.
JTB - well it is a fundamental change in terminolgy from Craig's last interview. I am assuming the purpose of the presentation is part of the initiative to attract institutional investors. I think the message for those existing investors here and eslesewhere who are screaming daily that an RNS is due any day on a JV at Creswick or amazing drill results at Bailieston that they should modify their expectations and be more realistic.
I'm not sure, i think it came across as pretty simplistic dialogue, reluctant to give any advanced details away. I still feel something will successfully get signed soon, and the presentation is just informing the market and investors in the interest shown, and continued to be shown with Creswick.
In terms of the presentation, without revealing anything we didn't know it's a great summary for new and current shareholders.
Well worth a read imo. I've read through various RNS reports but clearly missed the black cat assays. Only drilled for 400m and returned some pretty attractive grades, would love to get the drill/second drill back here
The wording around potential Creswick JV in this presentation suggests to me that the situation has changed from recent interview. No longer is it dotting the i's and crossing the t's with a single prospect but back to discussions and dd with multiple interetsed parties.