Member Info for AG1989

In terms of the junior exploration space can you name a company with better grades than Apta? I really can't and when you combine the free carry, Newmont/IGO on board, 7 holes of assays awaiting and 5 drills currently working non stop, 15p was a ridiculous opportunity to load up of your money tokens

It’s mouth watering Rob. The grades are outstanding and when you feel “the best is yet to come”, it’s extremely exciting.

JTB - I do agree and believe CB knows he made a mistake. I'm not brushing it off and forgetting about it, but I need to move on with my investment and feel confident again at some point. Like I've mentioned numerous times, the results from the last couple of months, if used correctly, could have been real Catalysts for the company and SP. We now have £2m extra in the bank and drilling has continued at Creswick.
I do believe he could have spun this in a way where the SP didn't drop 50% since the year started. However, saying we're fully funded and the advanced talks on the JV built up a level of understanding that just didn't come true

But like i say, all of the above taken into consideration, I'm happy with the near term progress the company are making at both projects. It's time for the grades to start doing the talking

Fair enough mate. And i hope your right. Creswick certainly has all of the characteristics to make a healthy resouce

"The width of the shale and the occurrence of multiple veins in some zones indicates that potential open pit mining targets may present themselves as exploration progresses"

That's taken from the company website. For an open pit/satellite operation, you really need to be finding mineralisation within the first 100m to make it workable, and definitely within 300m

The current campaign is 2.5km south of the 2019 campaign. If we return good grades here, I'd follow up again with another campaign with some infill and continuity drilling. The holes i believe will average 100m in depth, maybe 150m. If we begin to find that continuity, I'd like them to get the Diamond drill rig and stick 1or2 holes into the guts of the system 300-500m down. Hopefully give us an understanding what lies beyond the depths of 100-150m we're working with

As for Bailleston, Blue moon is the prospect I'm looking forward for them returning to

Waiting on the results but we've already had 11 holes worth of excellent data. I think investors may be waiting for the remainder of the assays which may in turn, later lead to some kind of JORC estimation

I seen this move, and move fast. There'll be plenty of Investors topping up/buying in at 20p/25p once the volume hits, saving myself the anguish and getting mine down here at 16p :)

Yeah, it's just a communication issue for me, which in fact, has left us in a position with £2m more in the bank and drilling at Creswick having started

It will take some time for the picture to become clearer and resources to start to martialize, but they're clearly kicking on behind the scenes and using MIDAs to her advantage. 8 Holes completed, 4 holes worth of assays to be recieved yet with more holes being drilled as we speak. Good position indeed

No worries mate, I’ve done a couple of posts on there similar to the ecr board - a summary to the best of my knowledge and research.

Gold continuing to rise. $1869. Long May it continue. :)

FTS - The next set of results at HR3 sound interesting so you may be onto something.

Cheers TS. I believe there still remains great potential at ECR, especially with the Creswick drilling recommencing. In SP, it's had a similar pullback to a lot of companies in the sector and from these levels it's a wonderful opportunity to average down. Like i said, I've put the mine and JV to back the back of my mind, focusing on the here and now and the near term to mid term opportunities

Yeah, I think one aspect of it, I’ts kind of triggered something in my mind that there is a hell of a lot of unexplored land out there. Very prospective land which isn’t in the hands of the 10 major players. It gives the little guy a chance to fill his boots, strike a JV, and turn dreams into reality.

I made a killing last match investing into retail. WH Smith, cineworld, jd sports, marstons. The list went on and they all followed the Covid trend and reacted accordingly. But it was borrrrrrrring. You don’t have that level of research available to you IMO. All of the information is on that RNS history board. It’s all about now willing an investor is spending an hour each day reading back through it and how they interoperate it.

But this is GOLD. Quite a fascinating commodity and asset so to have the chance to apply my interest in investing with a sector that really interests me, no brainer :)

I won’t go into it on here JTB but if you scroll through the OMi board, just look for my posts.

I like to take several factors into consideration. But the big one for me, it comes down to what’s actually in the ground. There are several other important factors associated, but in my short experience, you can flog a company only so far on good fundamentals: funding, having a good BoD, jurisdiction, communication. You can still generate some pretty good returns for shareholders but it all comes down to what’s actually in the ground

If you want those gains to continue. And here we have that chance. The historic grades were pretty good here to be fair, but looking back the level of drilling just isn’t there for me. 2021 I expected a couple of campaigns and that’s what’s being delivered.

OMI at its first target in Anza, returned 100g/t+, 200g/t+, 948g/t. Really small float, when volume increases it really takes off. 2 majors on board. I’m hoping ecr get something similar at Creswick. But then they’re based in Columbia. Jurisdiction can takes it toll. They’ve been waiting 2-3 months for assays to return from the labs. Huge Covid outbreaks. ECR are sat in one of the best mining post codes in the world. That can go a long way

Because I’ve said all along, I don’t think there’s a sector out there has can continually have this much upside.

It’s interesting, the research is all there, easier enough to get your head around. I really don’t understand the question. I have the right to invest here just as much as anybody else.

It’s not all risk. I see the company making certain steps which certainly strengthens their arm in terms of growth moving forward.

Because I’m new to investing, I just want to prove a point to myself. I spend all this time researching ECR, scrolling through the boards, and Twitter to try and fully understand the company inside out. I believe this has the capability of generating 5-10X my investment within 18-24 months, I really do and that’s what il persist with.

That being said, i joined the markets last March at a time where prices were rock bottom, and I mean rock bottom. Within the space of 2-3 months I was 100%+ on 6 different companies. But then the decline in POG hit, sentiment hit rock bottom and I lost quite a bit.
Ever since I’ve been far more appreciative of any kind of Green day in the market. I won’t trade ECR because I’m looking forward to the growth of the company, but instead of juggling 6-7-8 long term holds, I’m going to focus on just 3. Do my research, and find companies I believe can swing 30-40% for me. I need to stop thinking with my heart, and more with my head. It’s all well and good me saying “I’m invested in such and such a company for 4 years from now, so il just sit back and enjoy the ride and sit on my hands”
But in order to be rewarded 4 years down the line, you need the company to start to perform in the near term so the growth all builds up. The less confident you feel short term about a company, that will have a knock on affect in the long term.

JTB - The whole “advanced talks” really got me thinking. Up until a couple of weeks back, I had it in my head it was just terminology CB used to draw up interest in the company. He “couldn’t say too much” because maybe there wasn’t really anything to say.
There were times he hinted at maybe coming back and drilling Creswick ourselves in some form.

But I then remembered 2 interviews from the start of this year, possibly a third. When Craig finally opens up about the JV, in one interview he mentions he really likes the company in question and their experience and expertise in the business. There were just a couple of department issues to sort out.
And in another, he goes on to state we can definitely get a deal away, there are just a few “licensing” issues to sort out. Absolutely nothing about the strength or level of previous drilling which was carried out and we’d have to return there ourselves first.

To me, nothing was officially signed and Craig decided the offers maybe were not up to scratch and didn’t want to hold out whilst the licensing issues where sorted. Talks were put on HOLD and he decided to go with a fresh campaign to strengthen any future negotiations.

I’m just glad drilling has commenced again, but agreed, to the detail of understanding how “advanced” these discussions were, I wouldn’t know where to begin.

I do understand where JTB is coming from, but I remain confident in there being some very rewarding gains at the end of all of this

It’s always important to re evaluate your investments and positions, as and when news changes and progresses. It’s just a sensible thing to do and hope everybody does the same.
And to that, if PI’s bought in 12 months ago, saw we still don’t have a JV, HR3 first four holes delivered very little (This has been interpreted different by numerous investors which I understand), then I don’t blame them if they don’t have tone confidence to invest here.

I’ve been waiting all of this time for Creswick to resume so I’m feeling far more confident, than I was 4-5 weeks ago. They found gold in 9/17 holes in 2019 (80g/t,11g/t,1g/t,1g/t) etc etc. Still not enough to get a solid JV away for me, but with these next 10 holes, if you can deliver favourable assays 2.5km south of this, your beginning to get somewhere.

They really need to start building a picture at ECR. A kind of statement to say, each drilling campaign we’re having, we are striking Gold. We are delivering in what we said we would.

There are resources, how big? I really don’t know yet, nobody does. Will we ever see a Mine? Il sure know a little more within the next 18 months.
But with it being a low cap, risk/reward play, the eventual “mine” doesn’t feature high on the factors why I’m here. It’s clearly an end goal for the company and many of you, but the gains are made much much earlier on. That’s what I’m targeting initially and il access as we go on.
The potential here is huge to build that MCAP. Our own drill, £5.8m, good geologists, projects in the right post codes. We’re an exploration company, at present. When we start to see
Successful campaign
Successful campaign
Successful campaign

One after another, you can build a picture in your head of the projects and scope we’re dealing with. The resources will begin to accumulate, but not all deposits and resources in the ground will find their way to production.

But those days are a long way from now. I like to focus on the here and now and the activities and actions the company are taking in the present to further my interests. At 1.9p I believe this to be a fantastic opportunity. It’s in my sipp so I have plans to keep my holding for the foreseeable (2/3/4) years, maybe longer and just enjoy the ride. But if investors want to trade this and flip a quick 50% in a month or two, that’s their prerogative. Not up to me or anybody on here to dictate how other investors hit their targets and profit margins.

Be funny to see how many would have “recommended” this post if you could see their names.

JTBs posts I find a really good read. He takes time and detail to reply and answer a lot on here. And if you don’t agree, that’s fine, that’s life and that’s how these AIM messageboards go

But let’s get beyond the need to call posters out, run around in circles and pointing fingers.

A lot of positive news is hopefully on its way very soon. Let’s focus on why we’re here, share your insights into ECR (Good & Bad) and move on from there.
I’ve been quite an optimist with ecr and think it has a fantastic future, which will take some time to get going. But it’s never always “the perfect investment”, no matter where you go. So it’s normal we’re going to get times where negative energy creeps in, discussions on the decline in sp etc etc etc but it’s not necessarily a “deramp”

To be fair it wasn’t TS but doesn’t matter anyway. My point remains, the gains can be made, but you need the grades to achieve it. CRESWICK to me is the best shot. On the right terms, even if that means relinquishing 50/60% of the project. (IMO)

Still a lot of value to be pulled from bailleston, but it will take time.

JTB - Sorry, I knew you wasn’t having a go at LW. I was just replying to his post :)

All here to make the money. That’s what it’s all about. My opinions have changed slightly in a couple of months. But not to deter me or my investment here

I’ve realised these things take time. Investments take time. On paper, there’s every chance you can lose a lot of money, but I’ve been fortunate enough to average down in my sip, a lot.

I apologise for talking GGP the other week. And I can understand how these cross ramps are interpreted. The whole basis of my post was to show that these parabolic gains, are in fact achievable. They can be done, ECR can go out and get theirs. But they’re not just given to you on a plate, they need earning. You need something out of the ordinary that shakes the market and gets investors watching closely.

And for ECR, that’s what 2021 is alll about. A big risk/reward play with many factors going in the companies favour. The JV was at the top of my list. It shares the risk with another company, freeing up ECR, but most importantly for me, we get to stick the drill bit back into the DMS and go hunting for the 2019 high grade assays we know are there.
Although no JV has been signed, the second best option has materialised. Which is ECR returning there themselves, and maintaining 100% of the project.

I don’t see many junior exploration companies with a similar cap with £6m in the bank. I don’t see many with their own drill. I don’t see many who currently have ongoing drilling campaigns on 2 different projects.

At these levels, there is plenty of news flow to look forward to which could generate 2/3/4/5 X the current price. Just be willing to factor in the risk when making your decision.

LW - no need to explain yourself. Your posts are brilliant.

I’ve only been investing for 14 months myself. I love the research, the interviews, the message boards. And like you, appreciate all input.