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(And before anyone moans about land access, wet seasons, logistics etc) they’ve had oodles of time. Oodles.
Perhaps the new $ will speed things up.
Need to get cracking in QL asap really considering the time it takes to mobilise, drill and get results back. IF the Victoria results aren’t special we’ll be in a bit of a dilemma as we’ve only made baby steps on our other tenements so far, even though ECR ranted and raved about them for years! Even if QL is JV’d at a lower % it’s still better than doing nothing.
HUI needs to catch up before the miners re-rate. Likely to see another correction in POG before it really does take off.
Company is funded until end of year. Directors getting paid in shares and interest aligned with shareholders
We have price of Gold exploding and some exciting drilling campaigns lined up
Still waiting for results from the recent drilling done earlier in the year
Its all getting rather tasty. As soon as we get that fuse lit will be back into the 0.4s and beyond
.........POG $2255.....😗
No chance you're getting 5m at the live ask. Impossible to tell if its a buy or sell, therefore not much point worrying.
..............https://x.com/DDS_DocHoliday/status/1775043088945205526?s=20
Well if you check the RSP its 0.292p to buy and 0.2812p to sell
Go on, how do you know its a buy?
Someone wants in
"rather than name calling why don't you offer a reasoned arguement against the points i make, with evidence from the numerous mike interviews going out on an almost weekly basis at the moment"
still waiting for your reply *****.
The good thing about this RNS: it is out of the way now.
We need KH results.
The usual RNS as expected in time. Not the one we are waiting for.
In the mean time the sausage man/lady is spreading his fat so anyone can slip on it so he can buy his share on the cheap before KH results.
wise one, filling the board with his drivel.
ECR is likely to attract a JV as soon as the results show the true story of KH. I like the fact that it is a hill.
Tamer,
ECR have been waiting on results for weeks, listen to Mike on the Sponge interview, even Mike wanted them back weeks ago but they are still not here. You know they are late(r) than anyone at ECR expected. I don't need a printed date to know the results are late.
Some major miner went into the 'data room' and found what?? The square root of f.a. We know, because Mike tells us, the last bloke in charge paid himself £10,000 a month and achieved next to f a. so what, pray tell, is in the ECR 'data room' 😂😂
They probably would consider small scale production, tell the kids what they want to hear, they'll lap it up. ECR are at the stage where they are literally shovelling surface rock, quartz with a chip of gold (that they put a photo on Twitter) in it and sending it to the lab and waiting two months. Mike states they are not a producer!!! Did you not listen? There are no announced plans to become a producer in 2024.
Mike states in the Sponge interview that he will get it to a certain stage, then he will need to decide if there is someone better qualified to take ECR to the next stage. Listen back if you don't believe. So even Mike is beginning to float his exit strategy. He's going to take ECR to what ever price he sees fit, then he's going to decide to jump ship using the excuse someone else can take it further. At the same time he'll give the reason that he's not in ECR anymore to dump his shares on the open market. Then he'll go back to being Doc on the tinternet.
You are right that the price of gold is not the driver for ECRs recent rise, so what is responsible? Because sending bags of lumpy rocks to the lab is also not the reason for the so rise.
You twitter boys do make me chuckle. When someone comes along and challenges all the nonsense about the price of gold hitting highs and suggesting as ECR don't produce the price of gold is pointless today, you peeps start name calling.
Rather than name calling why don't you offer a reasoned arguement against the points I make, with evidence from the numerous Mike interviews going out on an almost weekly basis at the moment.
Over to you twitter boys, will it be ROQ or ECR that gets the deal done first 🤔😂😂😂
And in his last interview Mike confirmed that a major miner had gone in to the ECR data room as CB had claimed.....so the assertion Sausagd made that there would be no interest from potential JV partners until alot further down the line does not ring true.
He also stated that ECR would consider small scale production themselves if the geology and financial were favourable.
POG is obviously relevant as it increases the value of hold ginds and the value of any JV deal.
Also general interest in investing in gold explorers will increase as the POG goes up, helping the sector SPs increase.
Kuboid Hill results will drive the SP in thr short term.
Yes, the POG is a factor in sentiment, but it is in no way the main driver of the ECR SP at this time
God knows where LSE blocked out Q.u.i.n.t or Orcastocks om Twitter.
evening *****,
firstly, let's get the personal grievance's out in the open. to say you're not fan of "doc" is an understatement, if you could you'd have his b*llocks hanging in the london science museum.
back to ecr
" first delay being the 5th feb results." - can you point me to where they gave a due date for the results?
"the value here has come from twitterarti" - but if the"twitterarti" are a bunch of pump and dump merchants then why isn't the sp back at 17.5p?
……sausageonaprick…..I think we have and we are still waiting on Kuboid Hill results any day now ……….”ECR hasn't got enough results for a JV partner to be interested”…..still after that 10% notrex…..😂
.........when will it stop, it just keeps on hitting ATH's...........Nick & Mikes bargaining chips getting better everyday...😏
Occy, what are you talking about? No one has said the price of gold should be less. Read what is written not what you think is written.
Occy, what are you talking about? No one has said the price of gold should be less. Read what is written not what you think is written.
Hi Scarletvixen - the price of gold is still relevant as are historical exploration results.
Sausage please explain why you think gold price should be a lot less than where it is today.
JV???????
So you think a gold producing company will swoop in and buy ECR that raised a £1,000,000 in 6 months and all it has done in terms of gold production is to send Outback Dave out with a shovel to fill up some sample bags and post a picture on Twitter of said bags. ECR hasn't got enough results for a JV partner to be interested
They are still waiting for results from 5th Feb RNS. I've said it before now they have raised a £1,000,000, delays will start appearing imho. First delay being the 5th Feb results.
Any JV looking will let ECR spend a ton more money and get closer to production before even thinking of picking up the phone.
Good luck, but once you strip away the ECR pumping that is currently being done, the value here has come from Twitterarti imho because with all the dilution, funds being raised and no gold the price should be a lot less than where it is today.