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In touching distance of 12 mill shares :)
They need to break this constant cycle of trading which has been constant since August. My last post was a bit premature, yet again the bid is being battered on low volume. Rumour has it that it's some well known "holders".
Dangling the carrot of potential production at Blue Mountain... landowner willing to work with ECR... price of gold sky high.. simple alluvial system so sift through the earth for those nuggets we saw....$$$
Another potential source of revenue
Would they do a trial run? what sort of scale initially? Is the gold predominantly in nugget form? Looks like it is. Looks like cash in the ground.... hmmmm !
Hopefully things get moving this week, been rather stagnant since the raise! Intrigued to hear upcoming Blue Mountain updates and how they are planning on spending the raised cash!
The TMS Team catch up with ECR Minerals Chairman Nick Tulloch and discuss current operations, the recent share placement and Blue Mountain.
https://total-market-solutions.com/2024/04/ecr-minerals-plc-4/
…..what we need is a catalyst to kick it all off…… in the last RNS we’re the words “very soon” used were they not?…..😉
A good summary BH. We may be treading water around .30 but the fact that it's holding during low volumes is significant imo. Since August we have seen large sells hit the bid to take it down to create a trade, that seems to have stopped which suggests traders are not willing to take the risk.
They can definitely get this to £20 Mill MCap .... and that is the plan with all the 'payment in shares' and putting the money into the ground.
It's going to be a busy Spring-into-Summer with so much news in the pipeline from exploration, cash in the back to do it, more potential cash from asset sales and the big, elusive game-changers of JV / Tax incentive deal.
The chances for some EXPLOSIVE action are very very high.
We've just been through a few weeks of 'post-placing' yo-yo around the 0.3p mark, but during that time to price of gold has rocketed. That alone should have nudged us up toward 0.4p... but the market is the market.
Going forward it could/should get very crazy, very fast. Lots of eyes on this. That's for certain!! GLA
Not sold a bean since getting in between 0.22 and 0.24. Had the opportunity to sell at 0.38/0.40 but I have a feeling this can go much higher and hit 20 mill mcap +.
Swazers ...the line touching the top of the upper channel at 4.4p is not valid, imo, has that was just an anomalous blip for the fundraise.
However we are still in an upward channel after Golden Cross..
Still looking very bullish..
But some of those charts that Zak draws are ludicrous! He often appears to just pick random channel lines
Tight-like! (Geordie accent)
Golden cross anyone...(Posh voice)
Soons. Just sub-placing for those in the mood xx
#ECR Is back at a key level, let's see if the market offers support. https://x.com/SwazersC/status/1781247502986965398 https://www.tradingview.com/x/TE1gfkaP/
Https://www.youtube.com/watch?v=oSxWdOalvcc
*So the share remuneration covered a longer period so was NOT a salary increase.
* Blue Mountain could be better than initially expected with potential for near term production (but needs to be proven so don't get ahead of ourselves).
* Re-Iterated good results at Creswick with wider breadth at Kuboid Hill
* Another Stockbox interview with 'more detail' coming next week with Doc (another update/results next week?)
You'll need to turn the Vol up.........! :()
https://www.youtube.com/watch?v=oSxWdOalvcc
All the best (Nick's mic ain't the best.........! :)
" according to the latest interviews"............! :)
there's one on the way look..........! :()
https://twitter.com/StockBoxMedia/status/1780964406425215352
All the best (an good luck........! :()
Agree TS but these guys can't be expected to work and not take something back for 12 months, not that are planning to yet according to the latest interviews.
Anyway, we're in a period of calm before the next storm. It's good to see that support is holding. AIM seems to be picking up with a fair bit of blue around over the last two weeks, expected this to be higher being the punters favourite.
Dan , Absolutely the vast majority of shareholders (if not all) are extremely happy that the BOD are aligned with shareholders.
However this will not be their only jobs/incomes so they are not going without any salaries to live on.
I'm still trying to figure out what Andrew Scott is bringing to the party. I can only assume it's industry contacts which may take on the Tax Credits (if he does that he is worth the money).....otherwise we are paying a shed load for a couple of interviews a month.
Now let's get the Blue Mountain potential / update/plan details and those Kuboid Hill results so we can push on.
You give up your salary for a year and let us know how you get one. A lot of investors wanted this.
You have a point. If they had agreed to not sell any shares for one year it would have been more convincing.
And they will sell these in any future rise suppressing the share price you can't win but they can let's not praise this to much they generally treat us as fools in this game
Talking Sense. Please provide proof of your comment where I said the sp would be below 0.2 .I never said anything of the sort .If you think a company sp is something to cheer about when it's around 0.3 , from being 4.4 over 3 years ago , I think the joke's on you . Lmao .
Still buying, nearly at 12 million :)
Don't agree with the getting things over the line comment....there has been plenty of progress in the last 7 months.
However I did notice the 30% pay rise which is a bit steep.
Great to see Directors taking salary in shares. Preserve cash and focus it on drilling and adding value
The team have done a great job so far and i expect the shareprice to be much higher in the short and long term from 0.3p
Funded for all their drilling campaigns until end of year. Lots to come and plenty of excitement ahead
Not sure how long you've been here Alan, I'm guessing 5 minutes. Here are a few things they've got over the line,
2 rounds of funding, the last a 40% premium to the first.
Sale of the drilling rig that covers G&A (previous management failed to do)
Successful drilling campaign at Creswick, with a potential commercial resource (again, what previous management have failed to do).
Your welcome