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'Crikey - just seen those 10 million shares sold in the space of six minutes - so, just how do they define 'sticky' do you think!?!?'
Fecking obvious they were going to dump for a few quid. Never bought the sticky hands mantra.
What happens if the sp drops below the raise price and it becomes the ceiling.. I don't buy that the new chaps won't work for free.. More paid interviews I suppose ;)
For them to utilize that though they'd have to acquire another business that is generating income. Can they honestly afford that? If they can, my recommendation would be a small equipment hire business and add the spare rig to the inventory.
BUT, the raise dosh was for Hurricane & Lolworth, an acquisition would just be far too expensive and distracting atm just to offset a bit of tax.
Crikey - just seen those 10 million shares sold in the space of six minutes - so, just how do they define 'sticky' do you think!?!?
………Mecator tax benefit would be a nice Ace
It could well drop below 0.20p to buy today - already down to 0.2033p (live quote) on HL. If the 'sticky' hands lose their stick due to getting increasingly sweaty - there could be a stampede for the door. If that happens - I can't see a bottom here (unless the rabbit out of hat trick is pulled - and as has already been noted - how do you do that after five minutes in the job?).
Totally agree. This is a gold exploration company, that isn't currently exploring and hasn't actually got any plans for drilling. It's just placed at 0.175p. In any other similar situation, the share price undercuts the placing price. I'm not seeing any reason why ECR is going to be the exception to the norm here, especially in a bear market for juniors? It's a new BOD so to early for them to have any aces up the sleeve either I would think. All imo and dyor
And still those 1 million plus sells keep getting lobbed in by our alleged 'sticky' hand brigade. That interview with DST was a major error of judgement - talk to the likes of him and you get tarred with his brush - and that is not a good look.
Well folks - in the time its taken me to get a haircut we're down from 0.2097p and now quoting to buy at 0.2045p on HL (live quote).
0.19 on the bid now. Placing price incoming?
Also crossed my mind. One off fee or paid per views perhaps. Agree though, twitter share now, very sad. The moment Doc's followers started flooding the TG group it was obvious what was going on.
Perhaps Doc gets a cut of the new subscriber profits?!
City boys club this share atm by the look of it. Sad.
I could be wrong of course, but it all smells a bit off.
Mentalmax, completely agree. What company retweets a paid for interview? Just about sums them up and also shows how far we've fallen that we're now being interviewed by people like TW. What a sorry state of affairs.
If there were things said in that interview that could
Improve sentiment here may I suggest A Scott conducts an interview with similar questions and it’s posted publicly, for free. Having investor coms through a paywall is a joke atm, we’re all down a shed load here and while a few quid and a faffy subscription is neither here nor there, in context it feels a bit tone deaf. Sorry to groan.
TS: 'As you say this is just going to drift up and down slowly without news.' - When does the 'drift up' element start?
In the meantime turn off that damn ECRPRICE feed on Twitter! Was that set up by ECR? Spammy and annoying! Almost looks set up to hide conversations.
Well folks - the price to buy just went below 0.21p - 0.2097p to buy on HL (live quote). Getting closer and closer - and the 'sticky' hands may be getting a bit sweaty and losing some of that grip maybe?
I guess that depends on what was asked/said in the interview....I've not heard it so cannot comment if it was positive or negative (and nor have you)
As you say this is just going to drift up and down slowly without news.
We are sitting at a £3m mcap which on the face of it looks underpriced given Lolworth's potential and the Hurricane grades.
What is holding this down is uncertainty over the Hurricane license deal and the plan going forward and any speculation on either of those id pure guesswork at the moment.
When the Hurricane deal is agreed and the plan is revealed then the SP will be free to move accordingly as newsflow comes.
The main things I'm looking for the plan are:
* Which assets are we going to progress.
* Which are we looking to offload.
* How is this going to stabilise the financial moving forward and provide the funds to push forward aggressively on Lolworth and Hurricane.
* Confirm when drilling will start and where ....we don't need a detailed drilling plan, just confirmation that drilling will begin in Lolworth/Hurricane at the start of the dry season and maybe some surprise drilling in Victoria in the next couple of months (that one's for you Tamer).....this will give investors confidence that they are looking to make progress on exploration
* Is there a loophole to utilise the tax credits (would be a major SP/financial boost for a c£3m company)
* What is the strategic plan
Once the plan is released the market will be sure on the future direction of ECR, speculation will be reduced and the company (and SP ) can move forward
Dan: To add to that - I'm getting increasingly confident that the price to buy is going to be 0.175p (or less). An interview with DST isn't going to do anything for the SP - given his reputation it will actually more likely be harmful.
I'll just leave this here... "Dan: 'But you don't want any shares?' - you still don't get it do you? I want shares - but at a price where there's a fighting chance of clawing back some of my losses"
Good morning boys and girls (and Kevin), Well, a quick live quote to buy offered me 0.2125p - so still falling - albeit slowly. I note there is great excitement because Ant was interviewed by DST - and seems Dan was the one suckered into paying to listen to it? Interviews are largely hype - we've seen soooooooooooo many of them - and the SP is currently 0.2125p (says it all). I note we're also now starting to hype some dodgy tax scheme as our potential financial saviour - really - you do have to laugh eh (this is not J P Morgan)? It is only the results of a successful drilling campaign that will lift the SP to any marked and lasting effect - the rest is just noise and quite frankly a waste of time, effort and cash. GL
Bel , big gig and the gang doing their best to pump this share, I wouldn’t see tw conversation as a positive he gets it wrong as well.
Was he on the BOD there?
Doc was pumping the disaster chesterfield resources for ages take a look at how that disaster turned out.
Be careful PIs being played by a couple of con artists imo. TW trying to get subscribers onto his garbage site allowing disaster doc to ramp the share.
Look at all the cash and raisings this garbage has had and the float is the biggest its ever been. AIM rubbish right here.