Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Also lets not forget it was CBs experience and expertise that got MIDAS for that price knowing through experience of using them before the chinese rigs were just as good else we may have been spending quadruple the price!
Considering Midas was circa 150k I suspect they have loads of cash left!
I wonder how much that cost and how much they have left in the bank.....guess we'll find out in the next set of results.
Yep, That confirms it.....Happy days!
Would be nice to get a provisional delivery date and estimated start of use date with an amended drilling plan (I don't ask for much).
I can see this nearer 2 that 1.5 next week with the drill update, and hopefully some more drilling results.
Building nicely.
ECRs latest tweet confirms that they have a new multi purpose RC & Diamond Rig....... Amongst other great things
Nope, they have a new drill, tweeted it themselves https://twitter.com/ecrminerals/status/1418505448387489792
"New multi purpose RC & diamond rig"
Don't know if it is down to the Nomad delaying an RNS or saying that the drill info isn't price sensitive but that is multi purpose whereas midas is a diamond drilling rig.
Watched the video again, sounds like there referring to Midas as mentioned purchased last Year
*hear
Some chunky buys this afternoon, looking good for a decent bounce all being well.
ECR are mad not putting out an official RNS if they have indeed purchased a new piece of kit.. It's just what the market wants to here right now!
Well said Suthy
The key to any investment decisions are do you believe in it.
I am a long term holder here and am adding when I can. I think ECR is doing all
the right things now and it is just a matter of time. Each to their own. I can’t think of a better explorer out there. IMHO
This would be a great time for a short squeeze.....GLAH
It is anyones guess what sp will be over next few months. However the more we drill the more decent grades we are likely to get and judging by the interest we have had already and where we are drilling I expect sooner or later a JV to our liking is likely to happen!
Cs...I think you've got to have a mindset off...if invest money today..at this price...is it a good investment.
When you are holding on to big losses its usually because as investors we have made a mistake or a misjudgement somewhere...
So you take youre loss and sell...or decompartmentalise it...
If you added a thousand pound today after being cashed up, 2 drills bought etcetera
Is it a good investment?
When you need something to rise by 70 % to break even.....
Youve got to take that on the chin.
All the best....cracking bit of news today
Thanks Gino, Respect your views, Can you see a SP hike anytime soon. Im at 2.7p average and would love to be at least breaking even with all latest results etc over the next few months. Thoughts?
The recent history proves that "excellent results" are the opinions of the geologists standards and not ones of the market.
I myself have been guilty of this, but ECR was running before it could walk. 4.4p is massively overvalued and in reality should be a 2p play max......it really has very little, at this point to justify a £45M MCAP
People need to start remembering that there are alot more shares in issue now, than what there was at the peak price.
What I mean by that is stop talking the talk and deliver!!!
Tatally agree CB has credibility issue here ,it's all about results NOW
I’m the same. Heavily invested here and it’s just falling consistently. In at a 2.4 average was flying at 4.4 then CB took us to the cleaners with his false promises. He’s now giving us constant updates but I feel the trust has gone. I still believe in the project that’s why I’m here else I’d be long gone. He needs to build the trust back which will come in time. Markets down everywhere atm anyway so I’ll just sit on this for a while
I do not think anyone can predict which way the price will go from here , it's all about results now NOT tweets!! But I am still buying in small amounts building towards 2 million shares and get close as I believe we are in the right place at the right time and we have a good team here.
Been Reading some really good posts and agree with most that all fundamentals here are good. However am a bit worried about the continued dip in SP despite regular news.
Whats everyones thoughts on SP recovery? Surely it cant dip much lower?
Thanks