Member Info for AG1989

ShadowLess I got the impression it was being recorded today and realised shortly after. And again tomorrow AM. I think stock box will update Twitter at some point today to clarify

Well some like to take an interest and don’t sponge investment advice and research off the back of others

I’ve filed L_Graham86 under “DOES NOT ACTUALLY OWN SHARES IN ECR” a long time ago with the rest of the crayon crew. Be nice to get some good news so you won’t have anything to moan about for a while.

Greengrass. Good point. I’ve had a friend message me asking why investors are imploding and are in turmoil all over social media. It has absolutely no benefit to ECR for new investors seeing the sentiment is lower than shark ****. They’d avoid it like the plague. Il reserve any further judgement until I hear his interview. It’s not a concrete RNS but it’s the ceo of the company we’re all invested in, briefing us.

If it turns out the £2m will just be blended in and used for “general exploration” purposes and it “strengthens” our position, it will be very underwhelming. I’d like to him to pin point any additional activity and/or purchases the company have made or are willing to make in the immediate future with the placing funds.

No more talk. We need results, starting with the assays in a couple weeks time.

If it was officially reported in an RNS we struck a JV with Barrick Gold, the buys would flood in.

Trumpy - yeah it’s just a waiting game. It’s always a gamble investing on the stock market, you’ll never escape that fact. I just can’t see somebody or an institution snapping up 90,000,000 shares if all 6 holes are going to be dusters. Whether an NDA was signed with the placee and Internal XRF data was passed on before signing.

Just speculation I suppose and 2.2p I consider a very good average for what ECR have in store over the next couple of years. Looking forward to the interview and to see CB addressing a couple of issues.

Your about 5 months too late.

Sad I unfollowed you?

Shame.

Lots of ways Dill. With COVID under control in Australia and free movement between state borders and site visits, I’m hoping he kicks on and builds ECR into something brilliant.

I keep reminding myself of the long term goals here, which is for BAILLESTON and CRESWICK both to be taken into production. Down the line, a physical asset banked. But that’s not the only way he can create value for us. It’s certainly an end goal. But break it down, not just ECR, every junior mining exploration company.

ECRs product right now at this time, is its exploration service. The service it uses, demonstrates and embeds into the company. This service is what generates the initial shareholder value. Are they funded? Do they have resources? Do they have prospective projects.

ECR could multiply 10/20 X before its even entered production, just remember that, it’s just not an overnight thing. 1000’s of exploration companies are sticking holes into the ground in some kind of way, it’s all about what you find and how you correlate and use that information to progress. I’m hoping for positive assays ina couple of the holes. Enough so they can form a reasonable JORC or estimation which they can come back to and expand. Would love them to head back to blue moon next, unearth some real potential.

It’s actions, it’s following up on what you’ve set out to the market, in terms of drilling, I can’t fault the company the last couple of months in terms of activity on the ground

They’ve let themselves down with the placing, or should I say misleading investors about being fully funded. Looking to see if any additional action has taken place these last 6-8 weeks which can benefit the companies in-house drilling capabilities as they push on.

Heared **

Mentalmax, agreed.

I think when we heated from Craig at the start of March, the placing was already in motion. Hence the “hope to release assays soon” NDA signed, XRF data released to placee for holes 2/3/4/5 before being confirmed. Repeat it again, no chance an institutional investor or wealthy placee takes on 90m shares knowing that within a couple of weeks your going to release an absolute duster to the market. Snapped up at 2.2p thinking there’s clearly a huge upside.

Seeked **

I wonder whoever has thrown £2m at ECR believes there’s a serious upside from 2.2p? Of course they do.

It’s all very misleading and wiffs a little, but 90 million shares have been lapped up by someone/a number of interested parties.

To buy such an allocation, the person/persons involved will clearly will be read and well researched on ECR. Would they have or wanted at least seemed some inside information in the middle of the drilling campaign, before they parted with their money. Possibly. No chance on earth you’d snap up 90 million shares and fork out £2m if there was half a chance the company would release an absolute duster of an RNS in two weeks time.

Not particularly sure r33. The Monday AM release makes sense. Start of a new investment week. And if it’s ready, they can release tomorrow too. But one way or another we will be hearing from Craig within a couple of days

Glittertip - just saw. I know they’ve recorded on a Sunday before, edited and released the same day

If this not what they meant? Release soon after they’ve recorded tomorrow, and then again Monday AM like they normally do

“ Yes, tomorrow evening recording.

We hope to release as soon after and again Monday AM.”

Ridiculous answer. I’m invested in a Gold exploration company. If he has a head wobble and says he’s converting MIDAS into a crypto mining machine and ECR are balancing drilling with investing into imaginary money, of course I’d sell. Was that a serious question ?

How do I know Craig’s intentions ? Simple. He said they were going to buy a drill, they did. He said he wanted it deployed at Bailleston and that’s where it was mobilised. Since hearing from him before this “radio silence” we were on hole 2, were now near completion of hole 6. The intentions as far as that goes are self explanatory

I’ve stated a number of times my disproval of the RNS yesterday but the show goes on. No matter what comes out with tomorrow some investors are just going to question every word that comes out of his mouth.

Watch the interview, make an assessment and go from there. I don’t know what he’ll say, I’m hoping for an explanation but I want to move forward, not turn into one of these toxic boards that questions every motive moving forward.

I can see Antipa doing a Greatland gold style jump, it’s going to be massive. 10 million in the bank too.

A real gem could be Rincon resources. 10 million mcap, maiden drilling campaign on hasties in may. Newcrest have drilled this and returned 68m@1.33g/t from 1m and 57m@2g/t from 17m. Virtually at surface. When they returned here, expect good grades, has an open pit operational written all over it.

All this to say, the interest and excitement in the Patterson region is there to stay. Wishbone can have a nice slice of it. Money to be made for all the mining companies in that area.

What I want
Assays for 6 holes released in April
Good grades
Second drill purchased
Laboratory built
Licenses approved
JV signed and exploration to begin by the start of Q3 latest.
Early ground exploration started at Tambo.

But it’s not an ideal world so who knows.

ST I could be wrong but when I checked yesterday Antipas was $120 million aud. around £70million.
And I’d put them slightly ahead of the rest. Antipa is my big play.
Farm in agreement with IGO
JV with Newcrest
JV with Rio Tinto with an estimated resource of 1.3 million oz and growing. 319m@0.96g/t, 146m@1.36g/t. They’re really pulling out exceptional grades. And then there’s their 100% owned tenement with an estimated 700,000 oz and growing (which they released last week). I’m tipping Antipa to hit over a billion market cap within a couple of years. It really is going under the radar. Their 3 JVs combined have a total expenditure/or estimated expenditure of $150m from their partners. At least $20 million this year.

Apologies for the cross ramp. Red setter looks to have all the attributes to get wishbone rocketing. If the initial campaigns prove up a good grades and resources, JV partners will be knocking the door down to get a piece of the action. Hoping to hear news soon :)

If I lost trust in the ceo or didn’t like the board, I certainly wouldn’t invest no.

You can have the best grades in the world, but if you don’t trust the ceo to make the right decisions then that’s where I see 0 value.

CB hasn’t done an awful lot to install trust but it’s certainly not an overnight process. His intentions were to buy a drill and continue exploration at Bailleston, 6 holes in this year suggests to me he’s getting on with it.

Creswick is dragging its feet but it’s certainly not dead in the water. Looking forward to see what’s said tomorrow and readjust from there. I’d like to movement on the second drill rig and lab.

Reading the RNS and pro active investors article I can’t see it. Says the placing gives them the funding for some time to come so it’s probably just a “more money in the bank” kind of placing for ongoing exploration purposes. And it’s for this reason I want to hear him explain to us how they’ve gone from being fully invested, to having to raise £2m.

A lot of interviews and social media interaction at the start of 2021. Your average joe investor paying 3p/3.5/4p for the privilege. Only to offer out 90,000,000 shares for 2.2p, it is a kick in the teeth for those buying on the up.

I kind of understand your PM question but those are rules, laws and guidelines the whole country is governed by. Other counties will have similar laws. Nobody is forced to invest into ECR minerals. There are factors which influence their investment here, the board being one of them. Maybe trust is the wrong word. But their actions. Are they saying one thing and doing another ? Or is there something bigger at play here for them needing £2m

Yes, this has all 3, well hopefully all 3 once the JV is finalised. ECR have applied for three licenses to extend its footprint on Creswick, this will be the hold up, out of the hands of ECR

GGPThruandtru - The Ballarat gold mine is the closest to Creswick, i believe this is where the core from Bailleston has been sent to. Fosterville is around 25-30km away from Bailleston. There will be options and in a recent interview, CB discusses the high recovery rate the fosterville mine has.

I'm following Antipa Minerals. they have a couple of huge deposits and their 100% owned one in the Patterson region, is extremely exciting. They believe the grades are increasing and getting stronger the further down they go. It all makes for a tasty looking JORC reading, mining it is a different kettle of fish.

That's why both Creswick and Bailleston can be very rewarding. Limited strip ratio at surface before you start hitting gold within 100m, creating an opportunity for a simple open mine pit and potnetially ship the Ore off to existing mills. Although the first hole at HR3 was drilled up to 300m, the majority will be between 100m-150m, just like they were at Creswick. Creating numerous resources close to surface or within 300m would be a focus for the company in the near term, before looking what's further down at 500m+ below surface and weighing up options

CB wants to take Bailleston to production and tomorrows interview will give us a good indication of where the company are at.