Member Info for AG1989

"Who’s thrown the towel in ?
AG? You still holding strong fella."

That's what he's getting at from Glittertip

Brilliant

It's at a price that it hasn't seen since 4 Jan this year, and in terms of progression of projects, they're far more advanced now than they were then. I was buying this at 1.5p before Bibemi results were out and a drill was even in the ground back at Senala, £0.0050 as far my investments go, is an easy BUY

Lovely Jack - Just like you with WSBN & EEE on the ECR board - 2 can play that game. It was a comparison with the Contract drillers in Western Africa, nothing else

I've just took another 520,000 which yet again, could be a mistake if it continues to drop but i feel a company with these kind of assets can only drop so much, before true value shows its face. £7m MCAP:
-JV with IAMGOLD at high grade Senala with results starting to come through
- Central Cameroon Gold district which will see plenty of exploration over the next couple of years
-Gold struck in multiple throughout the campaign at Bibemi with some nice pulls 4g/t, 5g/t, 6g/t, 27g/t

Very happy moving forward. the financial position will be an interesting one, especially with phase 2 drilling at Bibemi commencing likely Q4. There seemed to be a lot of warrant money coming in.

The one thing I've noticed with drilling contractors in Western Africa, they really don't mess around. The pace they complete the work at is phenomenal. Cora Gold are on the verge of completing 35,000m drilling in 5 months over in Mali, I was impressed with how fast the maiden campaign at Bibemi was completed

Has it definitely been completed? £7m MCAP is ridiculous but like JTB says, you just don't know where the bottom is. I'l be buying more below 0.0040 (if the opportunity comes)

Potentially, personally I can’t see the mining industry affected too much.
When the military coup came around last month, the SP here didn’t move. Kodak dropped 20-30% but recovered instantly. Africa is ravaged by civil wars, military coups and multiple other factors. But the Gold industry seems to have thrived, not just with juniors, plenty of majors have taken a seat at the table.

Cora do a lot in the local communities but factors beyond that are well out of their control. I’m just focusing on the near term growth, even by the end of 2021, you’ll see a totally different picture painted here.

It’s all part of the risk/reward factor and it may be a reason investors avoid companies like Cora. But they can spend years bouncing between investment in the likes of Canada/Australia. I’d rather be invested into a project and company with sanankoro in Mali, delivering the goods time and time again, rather than a company in Australia doing maybe 3,000-5,000m a year releasing average grades. I’ve said a couple of times, if there was a replica sanankoro deposit being explored in the Victorian goldfields, the market cap would be over £100m. I’m after the growth and it’s coming :)

No problem.

Some strong buying this morning

Superspesh

https://www.share-talk.com/craig-brown-chief-executive-officer-of-ecr-minerals-plc-ecr-l-interview-2/#gs.5fd6k3

Just to clear it up, yes. This is the interview recently he says

“I think we’re on hole 8 at Creswick”

We’re not. Started hole 6. Let’s crack on.

Quietly confident we’ll hear assays from Hole 2 this week. It’d been ran through its first assay analysis 2-3 weeks back, so fingers crossed.

I feel near term can be 2 weeks, it might be 2 months or next year. But my take on Cora is that it looks primed and set to potentially begin construction of a mine in 2022. That near term potential is what sets this ahead of the chasing pack

Juniors with this kind of market cap needs JV’s, they may be drilling 6,000-10,000m a year (and that’s on a good year). They’re years off even thinking about production. Cora is set to complete 35,000m in 5 months.

They’re continually delivering on their goals. That last set of assays really woke the market up, and we haven’t seemed a bad assay report to date IMO. I believe the interest will continue to increase over the next few months. I can’t give an exact timeline or how much the sp will get to, but growth is inevitable. They’ve released 5 RNS reports this far (I think) for around 10,000m. When you think they have another 25,000m to report within the next 3 months, that’s action packed, non stop news. Pressure pressure pressure, all to build up to a resource upgrade in august/September that will really take this to new heights. Il be getting more I think, it’s a no brainier.

As far as 6-8 weeks goes I’d be astounded if this hasn’t done another 50%. Within the next 12-18 months I’m expecting many multiples of the current market cap. The near term cash flow opportunity here makes Cora a unique buy in a sector constantly battered and flooded with bad assays and endless dilution.

Triumph. Definitely, there’s an endless amount of Gold. Every set of results, even dating back 2-3 years produced the goods, time and time again

And then you get Zones A&C taking the limelight off Selin. I’ve been close to going all in with Cora but it would mean selling out of 6-7 positions, which I’m confident of paying off

But there isn’t a junior out there with the near term potential that this has. There just isn’t.

More people than me hold ECR. And they hold a lot more than me.

I’m still here.

What?

I never usually entertain trolling but this should be good

Great stuff smudge

Can’t see a better opportunity on the AIM

Top fella Bert. Got a personalised letter off his in the mail today with a Cora Gold company hat. Nice touch.

Excited for the webinar on Wednesday.

300m. That’s a good sized hole. Bring it on.

I’m in both JTB and I agree about both, but in terms of upside, everything has a potential upside until the assays are released. It’s definitely in the right post code WSBN but I detached myself away from the board over there. The comparisons to Havieron and GGP on a regular basis (not from you, and it was weeks back), but it made my head wobble. It has all the potential in the world and hope it comes good because I have a few in my sip, but I reserve my judgements until we get solid data. There are quite a number of Copper related discoveries beneath Telfer (which is still a win), but the assays will do the talking over there

I like EEE as a company and they do deliver time after time, can’t really see much else.
CRESWICK to me is the USP here. I feel if we’re going to get serious value returned from the recent raise and remaining £5m funds, that’s where it is. Out of the initial 18 holes reported from CRESWICK this far, it has returned 80g/t & 9g/t. I’m not buying into CBs antics or his over promising and under delivering. Or the anticline. For me, it’s this CRESWICK campaign and as a result, what it means moving forward for ECR.
I have all the time I’m the world so if these results prove lucrative and we still don’t sign the JV but continue to drill another 10-15 holes late 2021/early 2022 ourselves, il be happy as pig in sh*t. Prove up high grade in EL006184 and extend that into the next 2 tenements, that will do for me. It’s quite ignorant for me to say “il ignore the noise and what’s going on” but as long as those CRESWICK variables remain on track, that’s all I need.
Who knows, nothing’s a guarantee.

Just to add, poor communication elsewhere doesn't improve or make me feel any better about the situation here regarding the JV, but we can just go around in circles which is clearly evident and it's not particularly healthy. This is something you factor in and accept, or if it grinds away at you, sell up, no good in your emotions ruling your investment

I've accepted it and i like the direction of the company. The whole point of the JV was to get drilling again at Creswick, and now we are, that's a huge factor for me. Starting the campaign with 1m@9g/t is a great start. These next couple of holes are important for me in deciding the next steps of Creswick. I've made my thoughts known on Bailleston and think all resources would be better at Creswick currently but that's something i can't change. A couple of good grades and this takes off again, along with any JV getting signed. Nothing a guarantee in this game, I'm quietly confident of at least 1 mine here in 3-5years

JTB - I agree about the JV, there's have been far too many whispers and false encouragement over the past 2 years and we're still no clearer today. But it's not the only company with poor communication. You just have to look as far as WSBN and we both know what's happened there lately, with this latest drilling campaign. I've seen numerous investors there sell "3/4 of their investment" and leaving a little to ride.
"we anticipate to announce the commencement of drilling shortly" then 6 weeks on" we have modelled and analyzed Red Setter which we will be drilling later this year"

Now whether thats the truth or just lazy journalism on behalf of WSBN, who knows, same situation to me, clear as mud

It all comes down to "opportunity" to me. Whether others have a different approach that's up to them, there's no right or wrong scenario when it comes to "investing your money" and certainly nobody elses decision. Whether CB is a character investors like or not, i think many here see potential in the projects and that's why they're invested, and that's why i never sold a single share over at Wishbone

https://www.lse.co.uk/rns/ECR/issue-of-equity-nl4rew2ngdvtejk.html

Last point. That was on 6th April 2020

Issue of 100,000,000 shares at 0.5p for £500,000. Whether that was for a slight discount or par value, that was around the price

0.5p = £0.0050