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..........Snip..........it's not Twitter.......I thought that's what you are always banging on about a meeting with the BOD and now given the chance to ask questions you are not attending??.......100% I will be there....."We'll provide an email address for you to give an expression of interest In meeting with #ECR representatives."............https://twitter.com/DDS_DocHoliday/status/1709095503147753691
Fair enough Legal...everyone has their own strategy (I was only pulling you leg by the way as you have been clear on only buying on drilling news before).
Personally I would be surprised to see 0.2 and expect it to stay 0.25-0.35 until further newsflow pushes it one way or the other.
I would expect some elements of the BODs strategic plan to be published within the next week or two (if not the full plan)
Seriously folks I am Not interested in buying here until they announce some drilling plans, even if it hits 0.2p. What's the point?
Notrex,
Nice to see that you have acknowledged that yesterday's sampling results were good ones....
an 11% indicated drop on 14 trades isn't exactly an exodus ....only another 30% drop and you'll be able to buy back you last sell for the price you paid.
c£3m mcap for the assets we hold has less than nothing priced in and we are still undervalued to assets of c £5m.
This will just drift up and down until the company releases it's strategy at which point the market will decide if they believe there is value to be had.
Progress is being made around identifying the drilling sites in Lolworth and identified and confirmed sites will be published in January IMHO with a view to commencing drilling in the next dry season.
While waiting for the plan we will just have to put up with you recycling everyone else's thoughts and watch the SP bouncing around on lower volumes (of course as it's being pumped there should be high volumes everyday...goes against that narrative)
Scooping The Cheapies….Suspect It’s One Of The Deramping Crews ….,
We All Know Who Mister 10% Is …,
Tamer, I am not a Twitter user. Will you be around for the virtual meeting? I suspect not.
Well boys and girls (and Kevin), I think it's fair to say we have a developing sense of reality dawning here - the contract rampers have moved on (it seems) and our in-house crew are totally discredited - laughable even. Those who live down here on planet Earth acknowledge there will be no drilling in QLD this year (wet season) and we have witnessed numerous times how marginal an impact samples (even good ones) have on the SP. The best to hope for is target sites identified and all pre-drilling measures firmly in place for the earliest opportunity in Q1 24. As has been made crystal clear by others, a gold exploration company which isn't actively exploring is not going anywhere anytime soon. Hype will not achieve anything - LTH's have been totally hyped-out over a protracted period of time. If the SP stays above 0.3p during this period it could be considered a success - and we're about to find out just how committed our new BoD really are. I share many of Mental's reservations - but let's see how it goes over the next few months. GL
Being pumped by usual I oral culprits on twitter, same one who were pumping it years ago only 4 share price collapse, doc Burton name but a few
...........legal.............why don't you join the upcoming virtual meeting and ask Mike & Nick yourself?
Legal's target buy in price ? ;-)
"They need to exercise the Hurricane option and get drilling there or at Lolworth." That's the plan Legal. Where did 0.20 come from, or have you pulled that number out of he air?
They need to exercise the Hurricane option and get drilling there or at Lolworth. Not sure any of the other projects are worth spending precious money on right now. Hard to see the share price not test 0.2p as the earliest drilling now will be Q1 2024. Imo
And remember, the ‘incentive’ only needs an sp above .175, the new intakes would still get their £102k if the sp crashed to .18p - I also struggle to imagine a CEO with no precious metal mining experience and Doc Holliday negotiating a JV with a major?!
Let’s get some drilling locations at Lolworth sorted!!
How About £5Million Tax Bonus …
Morning Legal, The financial stabilisation has got the jump from 0.2 to the current SP.
We are in a bit of a holding pattern and will be so until 'the plan' is released by the BOD.
We won't see any drilling this year at Queensland due to the oncoming rainy season and all efforts there will be the continuing honing in on the best gold site for gold drilling next dry season.
The RNS last week stated that they had hit the 'bullseye' for Niobium which would suggest they've identified (or will do imminently) the drilling site for Niobium.
It will be interesting to see what the plan is at Creswick/Baillieston from Dec-April and if this involves any drilling plans.
Will it?.....no-one knows and any speculation is a pure guess at this point.
Personally I'd like to see us get as big a sampling/data set as possible so it is data rich enough for a JV partner to have confidence in the overall potential and make an offer , but I don't know what route they will take or if they will decide to drill one of the vein systems discovered earlier in the year.
Until the plan is communicated or there is a significant RNS release this will probably drift around the 0.25 -0.35 region.
Ditto Legal.
Until we get drilling this is likely to bump around down here.
Material drill results are the only thing that will change this.
Just hope they can conserve cash wisely until they get it turning.
Naughty Legal …..
No drilling plans means this is heading down imo despite the pump. I’m actually surprised it’s not bombed already. It’s a gold explorer that currently is rather inactive in the field. That needs to change quickly to avoid the inevitable imo.
…….looks like a virtual meeting soon………https://x.com/dds_docholiday/status/1709095503147753691?s=46
What would be my next move... I'd put all my time and effort into securing a JV.
Cashking: Have you totally lost the plot? Seems you're reduced to 'roll up, roll, up, get you're winnings here' - simply because you say so? No evidence, no rationale, no nothing - just spouting utter mindless ramping crap. I'd say you're had a long hard slog to the bottom of the ramping ladder - but you have certainly reached it now. Do you really expect anybody (except gormless Kevin that is) to take anything you say even vaguely seriously after that abysmal, laughable post? It's utterly pathetic.
This Is Going To Be Big …..Real Big ……You Heard It First Here ….The Bods Are On It …..
……don’t forget Doc had a meeting with the whales
Evening Mental,
I agree that there is alot of activity on Twitter regarding ECR.
This could be one of a couple of scenarios.
1. The placement takers are some of the posters and will look for a P&D and out.
2. Doc has a lot of mates on twitter that are supporting his first foray into a BOD position by posting and have bought in a few million with a view of holding mid/long term.
We do not know if the high net worth individuals and institutional investors are posters on Twitter or not and have no indication if they are in for the long term or after a quick top dlice or flip.
So either of the two scenarios above is a possibility .