Member Info for AG1989

I’ve said it many times on here and Twitter. Many of these mining companies will never make anything of themselves. Dilution/empty promises and hot air. Dog down into the fundamentals of the company and everything he describes from 13 minutes on really fits in well with ECR

Trying to identify these companies that can make it to production, if you can get them under £150 m mcap, then there’s every chance to make 10/20/100 times your money. At £30 m , the potential here in the long term is enormous

I think the market will react well
Fist drilling program in over a year
First hole
First assays
New prospect

If they show what CB is confident with at the first step, the interest will pick up here

Got a feeling we’ll get the assays for hole 1 with a small update on hole 2 being completed/any visual gold/sent away to the labs already

No suggesting for a second this will be the case, but imagine one blockbusting RNS

Bailleston assays reported
2nd hole finished cores sent to labs
Extra licenses approved
JV

One can only dream. And we’d still be receiving assay results in a staggered way.

Dill are you trying to beat the record for the most threads started in 2021 :D

Never really believed into FOMO and all that but you can tell it's the case here the last few days. News due I'd say from any day now, it could be 7am monday, it might be late next week but exciting times :D

Anything like that and it’s game on. Sounds crazy with it being the first hole but those kind of grades really do get the attention of the market. And once they read into the projects and see they struck 44 g/t at Creswick and the resource at blue moon, it’ll wake up.

Strong day today.

Jsmith - have you got the money to top up because the opportunity to top up sub 3.5p has been there for a while ?

LeFlic yeah just sit back and enjoy

I suppose it happens everywhere but guarantee, if/when we hit double figures, let’s say 12p and it pulls back to 8-9p, investors will be topping up at a much higher price than today so that’s why I’m just sitting back and letting the money work for me.

I suppose in 6-12 months the company will be in an even stronger position so I guess it’s all about risk/reward

Craig talks about the Gold sometimes being measured in microns, 1/150th of a mm so to drill up visible gold, he's certainly confident.

All about widths too but with it only being the first hole it will only tell us so much. Even over small intervals i think anything returned 15 g/t or above like CB suggests, it would get a brilliant reaction to the market. But more to the point, it will give the company an indication that they're in the right area.

OMI have had some brilliant results but said recently drilled MAP-078 looks to have intersected a smaller section of the breccia zone so MAP-080 hole will be relocated as a result. ECR have this benefit not being governed by a set schedule or contractors, they an adjust accordingly.

BRING IT ON! :)

You look to be in similiar to me ST but yeah i agree, all moving up nicely with plenty of news on the horizon.

Far too many buying in at 3.9p and selling at 3.3p, LONG term hold, a lot of money to be made here, think of the fundamentals :)

I'm pretty sure 2 weeks form submission is tomorrow, but yeah next week wouldn't be surprising

Nobody knows mate. There’s every chance with it being two weeks but expecting possibly next week.

If I was looking to top up or gain an entry here though I wouldn’t wait past today.

Craig Browns word on the visible Gold

"Where it is visible, mm wide these little gold particles its quite positive, i mean we've had nuggets even higher than that from rock chip sampling in the area so based on that, that shows that there are really high grades down there.

The gold is contained in sulphides, so when you can actually visualize the gold it makes things a lot better. We are very positive and we're positive we're going to get great results, we just need to get the resource as quickly as possible"

That'll do for me. It sounds like this section of the Core which we'll receive assays for is going to be an extremely positive. Keeping myself grounded about these results because we may only get back a couple of hundred meters which limits you when you want to strike good grades but it all sounds very encouraging.

Hahah was quite enjoying that

When investing now I always invest 70% of the funds I was going to. Chances are, it will drop and if so by 20-30% or more, il use that remaining 30% to average down. Feel sorry for those who got in at 1.9p but hey ho, that’s investing.

The fundamentals haven’t changed, and to counter that, we’re even closer to not just one set of assays, but 2.

2 drilling programs carried out on projects with a history of really good grades/a history of a gold system at shallow depths.

It’s a £19 million market cap

We have a project at Senala which in terms of exploration is pretty advanced and we’re waiting for 10,000m of assays any day now. Big value coming to the company

We have the Bibemi project which the company have spent the last 2 years advancing at a successful rate. Rock chip samples bringing in over 100g/t complimented by healthy trench samples.
30 -100m holes just drilled which will give us a brilliant understanding of the gold at shallow depths.

Then there’s the new Cameroon district package which has just been granted.

It’s not a ramp, it’s facts and I don’t know many mining companies with a smaller market cap , this well placed. Maybe ECR

Stop concentrating on the price dropping and remind yourself of the fundamentals, and if none of them have changed...... FILL YOUR BOOTS :D I know I am

Yeah definitely TS. I should have sliced elsewhere when this was 1.75p and gone big, that’s the problem with chasing too many stocks. Can never get that balance but I’m pretty content with myself now having an average in the low 3p mark

Seeing how the market has recently reacted to OMI and EEE grades is interesting. CB was that confident in the XRF results he was found to release them but decided to hold back. Historic grades in the area ranging 15 g/t and Craig hoping to at least match those, and more! My expectations are pretty grounded. I think in his latest share talk interview, part 4 (I think ha) he talks about getting the first half of hole 1 returned. 150m? The visible gold and quartz was hit at 100m or there abouts so it’s just a matter of waiting.

By April/may we could have 8-10 holes drilled and assays returned at HR3. We already know there is a good sized resource at Blue moon. It will all add up and come together nicely while work begins at Creswick.

I have a number of stocks in my sipp but only this and Oriole in my ISA and it’s where my focus remains.

What people need to realise about GGP and il isolate Havieron on this, it’s enormous. 4.2 moz and growing. Some of those grades and widths are staggering, truest breathtaking. Whether it overshot it’s fair value, maybe but at 22p I can see a strong steady growth over 3-5 years into the £’s

Ecr have that potential, fighting the market with two big projects. If you want to make any kind of comparison, I’d say were in a similar stage to what they were 2-3 years ago. At the start of what could be a very wonderful and rewarding journey

But all of the hard work is ahead of us now and CB knows that. He’s not sitting around, he wants that JV signed at Creswick and he’s cracking on at Bailleston. It’a exactly what 2021 is all about for ECR, proving up numerous resources and finally getting a rough understanding what we are dealing with. The rises will come but everyone needs to stay patient. Forget about GGP or what OMI did and PJ at POW thinking dillution is the spice of life.

I’ve almost switched off from the current sp and out it way to the back of my mind. Next 6 months for me is all about the fundamentals of the company and what they’re putting in place to make themselves a lot stronger this time next year. I’m looking for: Assay results, a new drill to be mobilised in Bailleston, a lab to be built, a strong JV signed which gets underway.

Support the company, focus on the journey and the sp and rises will take care of itself. It’s such a shame because when the JV is signed and we may or may not hit double figures, by what I’m reading, there are a lot of investors here and on Twitter only interested in the short term. And that’s quite sad to me however if that’s how you make your profits, fair play, everybody has different approaches.

I’m just trying to think of the big picture and long term. Eventually down the line, like everyone else I will take my money but that’s way down the line. Very unique opportunity at 3.45p here to transform my life in 2-5 years.

Not much the. ST :D

I got in Monday morning at 3.4p. Not worrying about averaging down yet or messing around, it’s a long term investment with many variables going on.

It is under the radar, but once the market gets wind of the company, £10 m m/cap will be blown out the water. Patience :)

They’re all there on YouTube.

I think because it says “2 years ago”, investors may take a quick glance and move on. But all the fundamentals remain the same, details the Bibemi project and the drilling program they have planned. Which we now know must almost be complete with assays due to land Q1/start of Q2

30 100m holes, should really give us a good indication what kind of gold system there is at shallow depths

Jsmith - I’m looking forward to hear if and when we get approved for the new licenses, some which may extend the footprint we have at Creswick.

I get the distinct impression CB isn’t one to roll over to one of the big boys and take a low ball offer. He seems very fond of the company in question and I’m sure he will get us the right deal.

The right deal isn’t just about the %, although that is a key factor. Your talking finances, JV length, drills, drilling equipment, core sheds. So much to factor in.

I think another drill will be purchased this year for Bailleston, 170k it would be worth every dime. I think MIDAS will average 2 holes a month so let’s say another 18 in 2021 as a rough guide, if we could add to that, it would be significant in proving up the different resources

Whether we maintain 30/40/50% of Creswick is yet to be seen. However if you want to go alone on two projects, it’s going to take years and 4 million IMO won’t stretch past 2021 end. We’ll hopefully have an essential free carry on Creswick, which potentially could be a multi million ounce deposit. This freeing up ecr up to continue Bailleston exploration

That 30% free carry IMO will be worth 10 times more to the shareholders and market cap than ecr retaining 100% of Creswick and sticking a couple of holes in every 8 months