Member Info for AG1989

No problem, i know some have issues with it, but I'm always interested in the perspective of other investors and what they seek and look for in the mining market

I use IG, but Interactive investor have it too, check out that presentation and this video

https://www.youtube.com/watch?v=y8TPvPdoMAU

You wont be sorry. I'm fed up of predicting "SP in 12 months" time, i just like to focus on growth, and it's inevitable here, i so confident

It's one thing ECr is really lacking for me. Consistant hits at the same target, over and over again. Much more to do to prove up these projects up, however i knew this before i invested. It's what 2021 was all about for me and although the JV was a real factor involved, it's the drilling on two fronts which interests me (both at 100% owned projects). That will soon be a reality and i can see growth moving forward :)

bitcoin buyer - If you want something that has real legs, do check out $AZY, you need access to the ASX

Market cap: $108m (£60m)
Cash: $30m
Newcrest are its biggest shareholder

They were relatively first movers in the Paterson region. their land holding is huge but split brilliantly.
They have:
- their 100% owned project(North telfer)..this comprises the Mintari and WACA deposits. Combined currently have a resource of 800,000 oz. 15,000m RC & 6,000m DD starting in April. Resource upgrade mid 2021 will send this past 1moz, easy. Open pit operation but they're hitting grades at depth which has opened it wide open

- Citadel JV with Rio.. they've recently retained 35% of the project. current resource 1.6moz with a big upgrade coming mid 2021. 19,000m drilling commenced recently. 2021 budget $24.5m from Rio. Pathway to production.
146.7m at 1.36 g/t gold
319.8m at 0.96 g/t gold
141.9m at 0.95 g/t gold
Just a number of recent hits. This will be huge

Newcrest JV & IGO JV - Both fully funded by the JV partners with aggressive exploration being carried out this year.

JV partnerships worth: $150m

This just isn't about "potential". They're on the ground doing it, invest in growth, this is innevtible. I strongly believe if anything can rival Greatland, it's Antipa Minerals.

https://antipaminerals.com.au/project/mineral-resources-summary

https://antipaminerals.com.au/upload/documents/investors/presentations/210412000055_21-04-12-AntipaUpdatePresentation-April2021-v02ASXlow-res.pdf

I've liked to think I've picke dup enough knowledge in this industry to filter out the ****. ECR are fully funded and have a real shot to generate shareholder value within the next 18 months at Bailleston and Creswick. GGP is the company that's made all investors and small miners dream that it is actually possible to become the next big thing. I believe AZY wont be too far behind within 12-18 months

I'm in EEE, Short term production is on the cards, 6,700 oz Au original JORC will i believe will grow a reasonable amount. Good little company and tiny market cap

ECR my biggest holding overall but in my SIPP, hoping they blossom until something very profitable and it will be nice being apart of the journey as it progresses.

For growth from current market cap, look no further than Antipa minerals, this has the makings to be very rewarding in the near term

Cross ramp over :D another day waiting for Creswick drilling announcements and licenses being confirmed

I think Mike speaks extremely well and has done a great job these last 6 months. All about action, rather than words and EEE do seem busy behind the scenes.

Those 17 holes could blow this wide open. Good to see things are progressing. Appreciate the reply.

Definitely TS. I’ve found out, not just with ECR but elsewhere, the anticipation for certain news created this pressure chamber like affect. It builds and builds until something gives.

Very happy what what’s to come, and looking forward to a revisit of Blue moon at some point.

I’ve tried buying ion Freetrade with no luck :(

Slowly progressing, but it’s happening behind the scenes so fingers crossed this is the start. I can’t see today’s RNS taking the SP much higher, but is it’s followed by a new ceo then happy days :)

I think once the licenses are confirmed and drilling begins at Creswick, you'll see the buyers coming in

I'd just like the company to be a little more transparent moving forward. Because when you break it down, we're now in a position that we have close to £6million in the bank and most importantly, drilling is about to recommence at Creswick, this is huge news.
That being said, the 12 months of "Well I can't say too much" & "We can definitely get a JV away" has had its affect on sentiment imo. Both still remain distinct possibilities but the good news of actually drilling away at Creswick has blended in and faded away with the news that the JV has probably been delayed indefinitely.
Where if the company where just a little more transparent on the situation, i think they could have definitely spun it in a way where drilling at Creswick again would have had a positive affect on the SP and it wouldn't be 50% down since the start of the year

But we are where we are. You'll get 20% rises here and there, but we need results! We really do and that's what it comes down to. We will soon have 2 cracks of the whip, with assays landing every month. And having hit good grades at Black car, Blue moon and our initial Creswick campaign, I'm excited for the next few months

Plans are definitely progressing. I thought the current drilling was well underway and been for some time judging by MS last interview. He said they were hoping to start the following week but at least they're there now.

6,700? can somebody explain this. Wasn't expecting hundreds of thousands but a little underwhelmed by this. Albeit i understand this number will when more studies have been carried out. 1,700m surrounding JAck's dream, very excited to see the results of this and the 3 DD holes

Initial JORC of 6,700 oz? Is that correct?

They’re both not necessarily making the wrong moves because I’m still confident in both. However, with both companies on the ground drilling, funded, progressing their respective projects, it’s slightly disheartening to see the drops in both.

Does that mean they’re dusters? Or failures ? Or won’t come up with the goods? Absolutely not. On a shorter term basis, I’m extremely bullish with Empire and moving forward with Eclipse. I’m a fan of Mike Struthers and he comes across well IMO.

I’d just like communications improved with both empire metals and ECR. They’re not here to ramp the projects up on social media, I understand that.
But when you consider the expense and time in drilling, applying for licenses, paying contractors... Never underestimate the importance of keeping investors updated on Twitter/social media platforms. Timelines, core imagery, interviews.

Not for a second saying do a PJ at power metals and release an RNS per day, but just touch up your communication.

All this to say, I’m more than happy with what’s at work and I’m happy to hold, would be nice to start to things progressing :)

Heard it with the JORC back in February

A lot to look forward to but rather than looking forward, it’s just created this level of uncertainty for me. The news flow and communication hasn’t good IMO. All of this news will land at the same time, hoping for a good reaction. Like ECR, I just feel the last couple of months could have been handled slightly better, very quiet

New ceo next week accompanied by Georgian asset news and possibly some assays. :D

I’m growing a level of patience with some of these shares I never thought I had. Since investing, empire has been on a downward trajectory, whilst receiving favourable assays and results on the way

The extension drilling around Jacks dream will be interesting. Could really put an additional spin on the Eclipse project and increase the JORC by some way.

Very impressed with the pace of drilling at Bibemi. Certainly not hung around

Any further news with Senala ? RC drilling or AC drilling again at low depths ?

I love this bit from the RNS

27 holes worth of assays to report but

"The Company today reports that visible free gold mineralisation has been identified in multiple holes; at the Lawa West prospect (hole BBDD019) and the Lawa East prospect (holes BBDD014 and BBDD020)"

It certainly got Tim excited, with his top up. Nice to know the surface mineralisation is being confirmed downhole.

BRING
IT
ON

Newcrest & Rio Tinto are filling their boots in Paterson.

The projects are all different. Rincon and Paterson resources in the south have strong mineralisation from surface. Antipas 100% owned north telfer looked like a perfect open pit scenario before they struck further down. Havieron had quite a bit of cover

300m is ideal, and once confirmed, I’d like to hear a little more from the Company in terms of:
Project funding (start to finish)
Timelines
Securing drill rigs

And il be opted to top up significantly at these levels.

Does anybody know the cash position here ?

Wishbone Gold have just announced a monster of a drilling programme in the Patterson area.

Filed to drill 100 holes, up to the depth of 300m but it does not suggest all holes will go this deep

The question with that, are they fully funded for such a campaign? A lot of money, time and resources for a campaign like that.

This is where ECR stand in a favourable position. £6m in the bank, your own drill at Bailleston and contract drill at Creswick

That’s a monster of a drilling programme. Especially for a junior explorer.

300m depth is perfect. You see companies sticking in 100m. 300m will give them a brilliant Indication of a possible open pit scenario further down the line

Depending on the success, depths beyond 300m can be drilled at a later date.

Huge potential

Legalwolf - definitely. It’s 6 of one, half a dozen of the other. But we are where we are.

And with over £5m in the bank and Creswick activity slowly sneaking in, the company are in a good position.

The SP looks to have “bottomed” but I’ve never been good in calling these Charts. It just seemed a great opportunity to average down for some, and a slightly average up for others.

My initial investment here was on the back of Creswick and some podcast I watched. Can’t remember the participants at the time. The JV is still on the cards but finally we have activity and will be able to release more assays to the market.

I think Craig believes Bailleston will return the most value for shareholders, but i still believe Creswick will be the catalyst. Nice problem to have, funded, 2 projects being drilled, which will eventually edge itself ahead as being the crown Jewell in the portfolio.