Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Just when the board had returned to a sensible place for discussion TI godes another poster into name calling and adolescent schoolboy behaviour.
TI...into the green bin with you ...if you want a childish fight over the Internet just go on to X.
Personally fed up with you pointless inuendo "question" posts that you never seem to make an actual point on and your "where are the derampers" calls if no-one is arguing with you.
A sad attention seeker with whome this board would be better without.
And don't bother replying as you are filtered
…..I wonder if they have got planning permission for 35 Brewing Lane yet 🧐😂?
.............of course I am notrex, 🥴............you are back with your disruptive tactics......I can't wait for you to start calling out Talking Sense again for wasting the family fortune on ECR!
I've previously posted this across various junior exploration companies on LSE where even if appearing condescending, it warrants periodic repetition.
I'm always amazed at the importance small private investors place on their own opinions, priorities, targets and time frames - it is as if they haven't spent enough time around this loss making sector to realise they just don't matter to the markets.
Things typically move at a pace which is much slower than most can tolerate, with traders trying to make a few quid by buying and selling only adding to the unpredictable price volatility between news. If companies aren't generating revenue then it should be no surprise if they occasionally need to raise funds, something which is usually dilutive to existing shareholders. Delays are common yet progress can only be announced once there are new facts to inform the markets of, not simply because someone feels a falling share price needs a boost.
Whilst waiting for facts, lots of emotional folk on LSE try to read undue significance into the smallest or most peripheral of remarks or price moves. Furthermore, in this insular world of LSE bulletin boards some seem happy to dedicate much of every day to cheering on speculative equity purchases like punters at the horse racing, or jeering at those with contrasting opinions as if they were pantomime villains. This questionable use of time has no influence over, and tells us little about how, the wider markets that move share prices actually behave. Hence a failure to meet a bulletin board's predictions may say more about unrealistic expectation than a company's actual performance.
Insults and paranoid bickering about motive, honesty and opinion doesn't alter a lack of facts about which, if any, theory on future unknowns will eventually become reality. Nor does it move things along more quickly or increase the odds of a particular hope or fear being realised. Nevertheless, even when nobody has access to the relevant facts to objectively confirm subjective theories, it does seem as if many on these bulletin boards still think that strangers on the inter-net must always agree with their views.
The success and valuations of junior exploration companies depends upon future unknowns which are often out of their own control. This leaves them unsuited to "investing" in, and more suited for "speculating" with cash you can afford to lose. If folk here associate uncertainty and doubt with fear, then they should question if their temperament is suited to such a risky sector of the market. Much of what impatient folk focus their emotional energy on arguing about each day is, at best, short term noise of greater relevance to people's egos and self esteem than the company's progress. So, if we wait long enough we will get to know all those things we want to know as well as see how fallible human beings can be and how irrelevant our own beliefs and hopes are to how things turn out.
Good post haddock.
There is a charm to clinging onto hope against the odds, we've all been there (I certainly have). Ultimately the frustration lies with the company for not delivering anything substantial. sycophantic praise and/or finding irrational reasons for excitement (Doc hasn't posted for a few days etc etc) won't help anything.
Ti, it would be good for everyone for ECR to rebound, but don't end up like Jack Nicholson in The Shining, staring vacantly at every tweet with a grin and an eye twitch.
Haddock…look at other factors..
What has changed? Management. Attitude. MCap.
What has not changed?
Great locations. High prospective. High Gold price.