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Twitter stating extremely positive update expected by month end. Could potentially be a great buy at this price point. GLA
B. H. Good for you, there's no such thing as a bad profit.
Who says I’m holding
Blackhopper, do you find something wrong with making a profit. I thought that's why we bought and sold shares. Sorry if I'm not doing it by your rules, If you would like to print your rules on share buying and selling it would be helpful for us numpty's who look for profit.
I kinda wish I had sold when I was 75% up - and buying back in now
tbf, not a bad play...esp now after placing
tp .95p for oversold bounce
Translation
I traded it from 1 to 2.3p and know I can do it again or so I hope so I and a few others will talk BS about the DD drilling’
#predictable #transparent
28,for everyone with their hard earned cash sitting I hope your right and it comes good for you all. There's always a chance, every "dog" might have its day.
I might have a punt myself at . 09 and wait for the next bounce for a quick profit. This is a OK trading share.
@spottydog……calling EEE a “dog”. Guess that’s the limit of your name calling vocabulary.
Notable silence from you in the past 3+ months since February, in a period when plenty of positive news was being released by EEE such as as for high grade gold intercepts achieved at Gindalbie and acquiring three new Australia based large acreage prospective copper/gold tenements.
The recent placing was explained in related RNS and it seems to make common sense if you reasonably believe we are entering a commodities bull market that you act to ensure you have sufficient funds in place to timely progress all your multiple assets in parallel without facing penny pinching delay causing constraints.
As for todays drill results, which you attempt to de-ramp……..as is explained in the RNS they are serving well for their primary purpose of providing the required geological & structural information for Eclipse, which has always been the stated intention of this particular drilling phase. There are already plenty of high grade / intercepts established in earlier drilling phases undertaken at Eclipse.
Going forwards in the near term, we can expect EEE to progress very quickly with a follow-up drill program at Gindalbie considering that they have an initial 6 month exploration term in place as announced on 24th Feb and hence have only around 3 months duration remaining to obtain the sufficient information needed for this asset to decide on the path forward.
Hence plenty of upcoming news to look forward to here.
They needed a placing because they know eee is a dog and they all have sticky fingers. These results confirm it. A half metre seam at 120m or 400ft in English, the cost would be astronomical. I've been on open cast mines that depth and more, you could drop a entire village in them. The results for all the drills they have done won't even pay the bill for the diesel for the amount of plant req. A pure fantasy share for gullible buyers. Look at all their history it's just more of the same time and again. Sorry folks you are being scammed.
The directors did well to raise funds at 2p. If they waited until after releasing today's drilling results then the placing price would have been much lower which would mean far more dilution for existing shareholders
Good luck to you. Just one question: why buy now? With no further news due for a while, no drilling in progress and no new assays due why not wait. I shall. 1p is my buy target price!
They had to do the placing, it was their only chance with Eclipse returning pretty poor gold grades, someone knew about the results hence all the heavy sells last week.
Lol oh dear …. Drama Queen. This is AIM. If you can’t handle the moves best not play.
I’ve just added 283,020 @ 1.349
Pleased with that
18.4% down now and 1.30p/1.36p.
It just makes me so cross that the management could get the placing price so wrong - and they even admitted that they didn't even need to do the placing as they had sufficient cash anyway.
It looks like my 1p average down target should be within reach easily enough.
I'm cross about this stupid placing. The management even said that they had plenty of cash anyway and didn't need to do the placing.
I suppose now that I shall have to wait and average down when this hits 1p again, as I'm sure it will with very little news forthcoming. Then at least I will have an average of 1.5p which will appear better than my current average of 2p (as I bought in after the 2p placing).
Poor management all told.
It may not necessarily be a loss for example If they bought 2M shares @.98 then had 2M shares @2p placing them their average would be just below 1.5p they then sell 2M shares @ 1.6p making a small profit and still have 2M shares in hand.
That’s the way I see it as if it was all just sells the price would likely be through the floor right now But it isn’t :o)
This how my brain works but I could be wrong
Seems like large sells that are constantly being set at the start of each day, the whole day it's been NT to sell, cannot get a single quote to sell, but it's easy to buy.
Are these the placees? Why are they selling at a loss?
I’d like to know that as well!! Are they hidden to avoid a stampede of buying or hidden so the price doesn’t drop???
What's going on with all these large trades the last few days marked as unknown?
Hope those unknown are buys :o)
Taken the opportunity this morning to top up my trading account and ISA account @ 1.585p.
Hoping that we receive positive drilling results in the near future.
GLA
https://twitter.com/Empiremetalsltd/status/1523995034416259074
Some big buys have come through today, a few 300ks and a 500k.
Less shares sold & bought today than I own myself & 10% drop in Mcap. Completely illogical!
ML
Boggles the mind who'd be selling when eclipse results are so close. Patience will pay off here and those selling now will definitely be kicking themselves!
1700+sq km of highly prospective ground to poke around at, great recent results- what's not to like!!