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I saw ECR on 18% up so thought id drop in and see what it was.
Glad they are continuing to dispose of the things CB had no right in buying. Madness for such a smallcap to have its own drills and to buy so much property.
Still not convinced this company will EVER come up with a commercially-viable resource- likelihood is they'll come up with a small resource after rounds and rounds of dilution that will make the SP worthless.
Also re-affirms, just how out of order CB was to proclaim about resources and takeovers 2-3 years ago- they were nowhere close back then, not even close in 2024.
Those sold out today may regret it tomorrow as there is nice buys on the bag ground. This may bounce back to 1p or higher.
23-Jan-24 16:29:16 0.287 1,738,675 Sell* 0.28 0.30 4,990 O
23-Jan-24 16:19:04 0.2889 300,000 Sell* 0.28 0.30 866.70 O
23-Jan-24 16:04:39 0.29 598,166 Sell* 0.28 0.30 1,735 O
23-Jan-24 15:58:06 0.281 500,000 Sell* 0.28 0.30 1,405 O
23-Jan-24 15:56:45 0.281 500,000 Sell* 0.28 0.30 1,405 O
I can easily guess who they are but I leave it to them to spend the night on it.
This showing up 18% today to 0.28p google agrees my broker has 0% . spread 7%
They fell further after my last top up the bottom 0.2p during Nov & Dec 2023 , bouncing up & down to 0.28p.
May my broker has next weeks price showing today lol.
I think we will " Open our Eyes " when they find something ?
New board... wholly focused on exploration... great tenements in great locations.... no more buying drills and property etc... old guard all gone (bar one).... new times... great comms...management paid in shares not cash... tiny MCap.... funded for 2024 exploration... open your eyes!
Mental Max, I note that you used to be quite a keen supporter of this company before you realised they weren't producing the goods. Now , your stance appears to have changed somewhat, and understandably so .For over 15 years now there seems to have been ( as you say ) a lot of pumping and false dawns . You've pretty much summed it up to a tee , right there .
Replied to your comment on tg.
Very interesting - let's see if we can get some continuity.
Looking forward to results with some anticipation.
So the '400g rock chip' was actually a rock chip that when sampled was 400 g/t .....at least that clears that up
….. https://x.com/share_talk/status/1749715192211026350?s=46
.............https://x.com/ecrminerals/status/1749750399441998147?s=20
Perhaps a few other board members could look in the mirror also if we're talking about efficiency and appropriate use of funds going forward? Sensible decision from AJ, he's a geo guy and was put in front of the camera in a corporate capacity too many times which was bad management IMO, he too often looked uncomfortable to say the least.
Maybe it's just me, but it does irk me a bit how they keep banging on about being re-energized and a fresh start etc.. Which on the face of it is true, but it implies that the past few years prior they were unmotivated and not energized while making out all was well and taking bumper pay with 'bonuses' (consultancy fees!). This is obviously not a criticism of Nick & Mike, but clearly tells me that under legacy management this company is an admitted flop. Only one thing to do if that's the case. Read between the lines.
Rant over. Surely I'm allowed.. ECR swallowed a fair bit of my $ with their pumps and false dawns.
I've noticed that every RNS that the new board have released have been efficient, common sense, positive, optimistic, driven, and shareholder friendly!
All we need is some significant results and the market will be all over ECR!
……it makes sense, great move. Have you noticed every RNS from Oz mentions “new opportunities “?
Another positive RNS in line with efficiency and utilising assets in the best way.
My first reaction was 'oh no, whats happened' when I read that Adam Jones was stepping down, but was very relieved to read the rest of the details, summed up by Nich Tulloch in one sentence...
' We need - and we have - a dedicated and experienced team on the ground who can concentrate on bringing these opportunities to fruition. Asking that team to fulfil other duties, particularly those covered by existing board members, is a duplication of resources."
Nice clear thinking by all concerned.
The reason I Mentioned Possible Grants …..Refers To The Announcement By …..Cobre ASX Exchange Today …And Nicks Photo ….On Twitter ….The Other Day ….
Anyone Checked Them Out ….BHP Offer Them ….If They Fit Their criteria ……
He looks happy.... multiple large licences in great locations.... actually quite a big company by km2.... mcap way behind...
Next stage is to plan out the rest of the year work program.... JV......
ECR MD Nick Tulloch is interviewed after his first week in Australia travelling around to look at the projects. Good update.
https://youtu.be/ZDNXyfaRmUk
……….. https://x.com/dds_docholiday/status/1749396777873158462?s=46
Base.... rude, illogical, wishful, defamatory.... all in one post
Base-jumper,
i don't think your pence in the pound statement on the heavy machinery disposal is very accurate ...the rig was only (from memory) sold at a 15% loss to the price paid new.
The rest is your opinion which you are entitled to....but it seems you have a severe chip on the shoulder where Doc is concerned.
Hey Rod, just started the sequence of proving you are as such ( base jumper ), I’m sure the authorities & the affiliates to yourself would love to know you ramble like a drunk, broken record 👍
Your obsession with Doc has also reached fever pitch , is it because he is far more successful than you ? Is it because you were forced out of #TMOR ? Most see through you as a con man, a very transparent, thick one at that ….the Oz in you eh 🤣🤣
But don’t you worry, I will make sure I keep you up to date with how successful Nick & Mike are compared to yourself in your motherland 😁😘
…….exactly……Nick knows a thing or two about tax benefits and JV’s…..😉
I agree BH for I don't think that Nick Tulloch travelled all that way just to chat to Adam Jones either "in a cave" or at Bailieston (I didn't appreciate the music drowning the words and birds). In business one needs judgment and luck - it's time for ECR to have a fair dose of luck.