ECR Minerals Share Price (ECR)

Bottmzup: 'Now can anyone imagine a scenario where ECR Minerals are worth less in 3 months time than they are today.....with the current, very enthusiastic, knowledgeable, connected, experienced and tuned in operators who want to make very decisive and positive moves, in all regards, with the assets at their 'disposal'...so to speak, funds raised without dilution, and pleasing shareholders by completely changing the normal lifestyle protocols of directors who are just on the make.'

A wonderful glowing reference - but none of that will guarantee they can find commercial gold in VIC (or anywhere else) - and unless and until they do there will be no major re-rate. A gold exploration company has to find gold - seems a needless thing to have to say that being their raison d'etre - but it clearly does need reiterating.

So after the initial impact of the new board taking control it seems like the market is decidedly 'curious'!

Price has ranged between .2p and .25p for the last 6 weeks or more...just consolidating.

With the assets worth more than the current mcap it is obviously oversold at this stage...technically.

So bringing a bit of spotlight on the company with the new custodians has highlighted the value and potential with 'what we have'.....licenses, machinery, property etc.

The new direction strategy has made the market take notice, with a considerable bounce in volume traded during the consolidation period. Remembering that the fund raise of £580k, two months or so ago, as part of the management changes, was at .175p...with no or minimal fees involved......and the price has stayed above .2p for the majority of that timeframe, which is the low point of the sideways consolidation channel.

And what happens to a consolidation?......it breaks out!

Now can anyone imagine a scenario where ECR Minerals are worth less in 3 months time than they are today.....with the current, very enthusiastic, knowledgeable, connected, experienced and tuned in operators who want to make very decisive and positive moves, in all regards, with the assets at their 'disposal'...so to speak, funds raised without dilution, and pleasing shareholders by completely changing the normal lifestyle protocols of directors who are just on the make.

They seem more moral.

This feels different.

Bel and his pump gang doing their job

I see the seller/s still haven't finished - five million plus sells recently thrown in. The SP does seem to want to rise - but until this selling is exhausted it won't get far. Don't you just love the 'slippery-hand' gang eh?

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