Member Info for AG1989

Yeah that seems pretty much in line. Interesting on the on site lab. Hopefully we start to hear a little more about this soon. Could be absolutely critical and save a tonne of money. Results back within 48 hours rather than 3 months which could be pivotal in time, cost and direction as to what location to drill next.

https://www.youtube.com/watch?v=sL1NoZ5wmYI&feature=youtu.be

Does everybody else take this as Craig Brown believes from the 18th January, a deal for Creswick could land on the table at any time? And he regularly refers back to ECR drilling it themselves if the offer isn't what they want. A clear message to the company that carried out the site visit to get the right deal done now or pay more in the future :D

A little slow on this but I've watched it back a couple of times now and pick up subtle little hints each and every time

Also, "substantial plans" in the pipework. I was loading up at 1.7p and thought the train has taken off. Not at all, unbelievable value at 3.2p. GIVE US THE NEWS! Too much excitement

In terms of actions and performance on the ground, ORR seems to be outperforming a lot of companies with a much higher market cap

So much news to come and with those previous grades at Fare, I’m stunned at how low this is.

Very new to here but it is seriously under valued, £15 million??? take my money

Unbelievable grades

Hasn't 10,000m of drilling just been completed? Considering some of the grades released last year, surely this is one of the most anticipated RNS on the market coming up?

I got stung with Greatland. Has a stop loss I forgot about but got back in at 25p with more shares.

I believe some money from here, OMI and others miners was put into GGP at mid 20s which looks to have recovered a little.

As for the SP here, 3.4p is a steal. Take them while their cheap and have a lovely evening :)

What jsmith said. I’d be averaging down a lot if that was my average. Unless you don’t believe in the company.

£3million**

TS, agree with everything your saying here. Can see a year of momentum once the Creswick JV is announced and exploration begins. Then as 2021 comes to an end and it feels like the honeymoon period is fading, up comes a JV offer at Bailleston.

I think the news on new licenses, when it comes, it will have a far bigger impact than what most think. Like you say, it will favourably open the doors even more for a JV at Bailleston

End of the day :D the gold is there. ECR have proven that on both projects, it's how we use this information and advance from here, that's crucial

- I mean for a start you'd want to know you have access to renting a drill and contracting staff, or one better, BUY YOUR OWN DRILL? tick
-You'd want to know the company if financed moving forward with exploration. CB informing us all recently we have £million in the bank with minimum overhead. TICK
-Have both licenses got a history of drilling campaigns with some very tasty grades pulled out? TICK
-Has the stock been over hyped and as a result have an inflated market cap with little room to grow? £25 million m/cap tells me there is huge upside here, potentially into the hundreds of millions in 2021? TICK
- Interest from other parties? TICKKKK

The list just continues, slow burner or not, once ECR gets it's running shoes on, good luck keeping up and Good luck to all investors

The comparison frustrates me, although i do agree about the market cap, very low IMO with plenty of upside

GGP has been and continues to be managed magnificently, however it all comes down to what's in the ground. possibly 10moz+ at Havieron

ECR are starting that journey and Blue moon will be very valuable in the future to the company potentially adding hundreds of millions to the market cap. However we just need to spend 2021 proving up what we have in the ground. A JV is crucial for me, not in a massive rush for it but financially, with 1 drill, how feasible is it for ECR to prove up both Creswick and Bailleston??

Get the ball rolling with Creswick, get 4-5 drills turning and recieve 8-10 weekly updates. Whilst this is carrying on, we'll be working non stop at Bailleston before a JV imo takes place sometime in 2022.

Any indication on set plans to build a lab at Bailleston ? I think in his latest interview I recall him saying they still have plans to, but no date.

Thanks red, appreciate the reply.

I just remember seeing a recent photograph circulating twitter and a comment was made it them being Scallywags core samples, and GH came on twitter to confirm that they never release photo's officially until lab results are back

I've only been in since March though so it may be different

Not that I or anybody else can grade the core samples with our eyes, but is it surprising the company releasing these photos so casually on twitter? Not saying there's any issues at all with this, in fact it gives us an insight of activity ongoing in the background. The only other company I've really been invested in is GGP and GH stated a couple of times they would NEVER release core samples photos before results are back from the lab

Just keen to see others opinions on this

Welcome to the board

Never stop researching. I’m new to investing myself but it’s all I find myself doing. During work and in the evenings. Understanding the facts

I think your money is in good hands here. Definitely my pick for 2021. Attacking the market on 2 big fronts, Bailleston and Creswick, that £25 million market cap will soon be blown wide open.

Regular drilling updates from Bailleston along with any Creswick news that comes our way, there’ll be no stopping it.

Agreed Gino, transferring part of my pension over to my new freetrade sipp. In my early 30's but purchasing 400,000. Really think it could be the share of 2021 and beyond

That core photo could be play doh for all i know haha but good to see things happening behind the scenes

It is impossible to tell looking at pure core, how the results could be?

Chinese engineering at its finest

https://mobile.twitter.com/ecrminerals/status/1349998519311097863

It was a brilliant interview and I’ve watched it back a couple of times.

I do believe CB is wiling to turn down offers for both licenses but I pray the Creswick one is signed in Q1 this year

A no deal would IMO put a lot of strain on the company to prove up and explore 2 huge licenses with the one drill

The JV takes that pressure away. They’ll bring the finances and machinery needed to do a wide scale exploration programme, potentially having 3/4/5 drills turning at the same time. For us to sit on Creswick for another 12-18 months and wait to bring the drill over from Bailleston would be underwhelming.

Just sharing my opinion. I’m confident of a deal at Creswick getting the green light. Drilling begin at Bailleston last week so we should progress here as the year progresses. We just need action now. Turn this “potential” into something mind blowing. The gold is there, we clearly can’t finance a full scale operation ourselves, take an offer. We know he won’t accept a low ball bid so fingers crossed these interested parties come in with the offer ECR need.

Been looking for a while for another entry point somewhere, currently in ECR & GGP, recently sold OMI

JV on board, historic grades look really good and am i right in saying IAMGOLD have just completed another 10,000m of drilling?

£12 million market cap does seem incredibly low here with plenty of gains yet to be made,fingers crossed

I think you might be wrong Dill but who knows.

They have one drill at Bailleston and it won’t be moved for a long time. So this proving up of Creswick will have to be completed in 8-12 months from now or they’ll have to fork more money for another drill.

The grades are there at Creswick and there’s clearly plenty of interest on the table. Proving up Bailleston ourselves in 2021 and signing a JV at Creswick in the near term should be the plan moving forward.

If all offers at Creswick are rejected, it’s not completely dead in the water because it’s still 100% owned. However it would seriously put a giant hand brake on any progress going forward.