Member Info for AG1989

Not a stupid thing to do. It's their finances/their investment, they can allocate it how they want. I know some people who get into investment because they like the look and growth prospects of one particular stock. A stupid thing would be diversifying your funds into different shares with limited knowledge. Each to their own.

Quepensa - If all that you stated was already in play, we'd have a lot lot lot bigger market cap and valuation than what we currently do. It's how AIM mining companies work. It also factors in what's to come, and drilling commencement at Bailleston and JV at Creswick is imminent

I think once we start releasing regular 6 week drilling updates TS you’ll soon see ECR market cap rise. Shows you the potential upside to this. It really does.

Expect GGP to charge towards £2 billion as the MRE estimations are extended and exploration begins elsewhere.

Anytime Sharan. It’s a good message board this. Some of the other mining boards are shockers but yeah hope it helped.

Has to be a wind up this. Paddy, like all investors here can contribute as and when he wants to amy particular message board. His insights here have been tremendous. He never gives financial advice or snipes at anybody. He has spent and given up a lot of his free time to share data with this board and Twitter, data that has even impressed those high up in Greatland themselves. All of the information is out there on ECR, enough for you to figure out whether it’s an investment your interested in, or want to leave.

AG

Other**

Sorry for some shocking spelling and grammar mistakes.

Sharanw, try the following

https://www.ecrminerals.com/projects-investments/victorian-gold-projects-australia

Just a break down of Bailleston and Creswick projects.

Creswick is the license which the Dimocks main shale. They drilled it I think early 2019, returning significant grades, up to 44g/t. This is the project that has undergoing current DD and site visits by various interested parties. Rumour has it, Newmont are favourites for a JV, a JV which will ignite the future of ECR

Bailleston - this is the project ECR have decided to continue drilling themselves. They’ve had various offers for earn in opportunities and potential JV bit Craig Brown has turned them down. I believe he thinks it has significant potential. The diamond drill rig which has been purchased by the company has been mobilised here ready to begin a drilling campaign any time from now. There will be labs on site to ASSAY intersections and test for grades. It gives the company a faster indication whether they’re exploring the higher grades areas so to Speak. These grades can’t be released on an official capacity but it certainly helps with momentum.

In a recent interview when talking about a JV at Bailleston, CB stated his intentions for ECR to drill it themselves as he didn’t want to give away two projects. Which obviously hints heavily to the fact the Kroger project, Creswick, will undergo a JV agreement with a third party

Both Creswick and Bailleston both have potential to transform the company and take it to the next level and beyond. Only 600 million shares but with such a small market cap, I believe ECR to be a very strong buy right now under 5p

Hahaha apr that’s where I found the link, the one you posted. Wasn’t really a fan of the website but 22nd was the latest rumour. It’ll all come around.

I’ve said plenty of times, I never caught Greatland at the start of the rise. Only 7-8p in, but what a find. And even at those levels it was a steal. But it was its fundamentals more than anything that impressed me. Great management, financially secure, fantastic project and a world class JV partner.

I’ve spent vast amounts of time researching mining companies through the AIM to find similarities. I’m still in Greatland and the next best for me is ECR. They’ll soon begin a journey, one Greatland did at the end of 2019/start of 2020. (Exploration)The interviews with the CEO’s tell me 90% of what I need to know. You can roughly gauge a company out.
Craig Browns interviews come across exceptionally well, and his intentions even better. Using the shareholders and companies money to purchase that diamond drill rig is a master stroke. The labs to be built on site for fast turn around.

Intentions that lead to actions. ECR has it all. The SP will continue to fly once we hear the first set of results in Q1. Once they announce the JV, all bets are off.

I’ve been accused of ramping on Twitter with another company. But Any investments, I make, they’re for the long term. Just like ECR is. If you put your own money forward, you like the direction they’re taking, then shout them from the roof tops! Tell everyone.

By end of 2021, I really don’t see much stopping ECR. A market cap of £200-£300 million will be ticked off and it’s only just the beginning. Stop comparing ECR with Greatland and ****ging GGP off, two totally different stages and Greatland rightfully deserves to be sat where it is. I can see us making a similar rise in sp but we need our own identity.

What we need to start doing is celebrating the comparisons. A long long way to go but this train is just getting started, jump on board because these 3.8p-4p targets will very soon be a thing of the past.

A very under valued RNS for me. Great appointment with further indication to the market that drilling is to begin soon at Bailleston.

Would imagine the next RNS will be to state drilling is commencing, followed sometime in January by a Creswick JV. Then inevitably after that, the drill results further down the line.

The back end of this has well and truely gone. Communication is shocking, will be using any additional funds for ECR in future.

Just read the hot copper message board. Some guy seems to think 22nd. A few on over here thought it was the 18th. Nobody actually knows. Very frustrating, i cant see it being until after XMAS

Talking 6 months down the line, if the JV gets the go ahead and we get regular drill updates from Bailleston, you'll see this move 2-3p at a time with a bit of volume

We need to remember we’ve had a 100% or so rise on the expectation of the Rincon IPO. The majority of this is still factored in. Need to hear Rincon IPO news for another rise, any further delay in this I believe we will risk losing the gains from previous weeks.

Friday seems unlikely to me with it still saying TBA

Gunsynd PLC

15 December 2020

Gunsynd Plc

Quarterly Investor Update

Gunsynd Plc ("Gunsynd" or the "Company"; AIM: GUN, AQSE: GUN) is pleased to announce the following investor update for the quarter ending 31 October 2020 regarding its current holdings in investee companies.

Rincon Resources Pty Ltd ("Rincon")

During the quarter Rincon made significant steps forward corporately. It issued a convertible loan note ("CLN") to raise A$400,000 to assist it in executing its proposed IPO on the Australian Securities Exchange ("ASX") (subject to admission, its ticker will be ASX:RCR) intended for later this month. As announced on 5 November 2020, Gunsynd participated in the CLN through a further investment of A$100,000 (GBP54,700) which will convert at a 30% discount to the IPO price of Rincon.

As announced on 9 December 2020, Gunsynd understands that the expected listing date for Rincon's IPO on the ASX (which was targeted for 10 December 2020) is expected to be subject to a short delay while final ASX administrative matters are completed. The Company understands that Rincon and its advisers are working closely with ASX and confirms that a further update will be made in due course.

Eagle Mountain Mining Limited ("Eagle Mountain")

During the quarter, Gunsynd invested an additional A$256,000 (approximately GBP145,000) in Eagle Mountain, an ASX listed copper-gold exploration and development company (ASX: EM2).

During November 2020, Eagle Mountain announced an update detailing a new broad zone of copper mineralisation identified at Oracle Ridge. The copper mineralisation was encountered in partly assayed drill hole WT-20-05. Significant assay results included: 15.1m @ 1.72% Cu, 16.87g/t Ag, 0.38g/t Au from 313.9m including:

- 3.45m @ 1.89% Cu, 15.97g/t Ag, 0.35g/t Au from 313.9m; and
- 8.41m @ 2.46% Cu, 25.09g/t Ag, 0.56g/t Au from 321.29m
This newly identified zone of broad copper mineralisation is more than 100m from the nearest significant assay in a sparsely drilled area. Copper sulphide mineralisation was observed in the recently drilled adjacent hole WT-20-10, with detailed logging and assays pending.

Turnaround times at the assay laboratories in Arizona are still lengthy due to COVID-19 restrictions and the large number of samples being submitted by other parties. Five to six weeks is the new "normal" for assay turnaround time, so only selected logged drill hole intervals have been submitted for assay at this time. In time, other zones within each drill hole will be assayed which may identify additional unrecognised mineralisation. It is anticipated that further assay results from priority zones will be released to the market in the coming weeks.

We understand Eagle Mountain has undertaken oriented core as part of an exploration programme at Oracle Ridge. We hope this will provide valuable information on the orientation of structures which are the typical pathways of hydrothermal fluids resp

https://uk.advfn.com/stock-market/london/gunsynd-GUN/share-news/Gunsynd-PLC-Quarterly-Investor-Update/83907398

"Rincon Resources Pty Ltd ("Rincon")

During the quarter Rincon made significant steps forward corporately. It issued a convertible loan note ("CLN") to raise A$400,000 to assist it in executing its proposed IPO on the Australian Securities Exchange ("ASX") (subject to admission, its ticker will be ASX:RCR) intended for later this month. As announced on 5 November 2020, Gunsynd participated in the CLN through a further investment of A$100,000 (GBP54,700) which will convert at a 30% discount to the IPO price of Rincon.

As announced on 9 December 2020, Gunsynd understands that the expected listing date for Rincon's IPO on the ASX (which was targeted for 10 December 2020) is expected to be subject to a short delay while final ASX administrative matters are completed. The Company understands that Rincon and its advisers are working closely with ASX and confirms that a further update will be made in due course."

"Summary

Not content with the damage foisted upon the private sector at the beginning of the year governments have decided to double down on their initial efforts regardless of the damage they will cause both health wise and economically. Despite the impending economic malaise caused by repeated lockdowns, markets and liquidity have both remained healthy in the last few months. Gunsynd has taken advantage of a period of market liquidity to raise money (at a substantial premium to where it was raised in June and July), dispose of assets such as Bunker Hill and Kolosori, increase its exposure to Rincon, Eagle Mountain and Angold and make a new investment in Empress whilst still maintaining a healthy cash reserve to allow the Company to make further investments in current or new assets as the case may be.

We hope soon to be able to provide updates on the IPOs of four of our investee companies: Rincon, Angold, Empress and Rogue Baron."

Plenty more in there too, good read and summary. I do prefer Aprogerson summaries though :D

Nobody knows when

They could have landed last Monday and they may not be coming for weeks, we just don't know. But with the risk of restrictions ever being implemented again you'd imagine this was a site visit they're want to attend ASAP when feasible

CB has been very tight lipped over this for months now. I'm almost certain we'll see a JV agreed with Creswick soon. I don't think he'll entertain a low ball offer but hopefully Newmont wont be wasting anytime and will get a deal done

"If" it turns out to be a multi million ounce deposit, I'd say anything 30%+ retention on a fully funded JV will be exceptional for ECR

Fingers crossed we hear a little more tomorrow.

How much did Brad put it the other week? £10k?

Not a blockbuster amount by any means I understand that but nobody wants to lose 10 grand, whenever you are. I’m sure he’s confident of making healthy returns on that money. Patience.

It is frustrating but that’s the game we’re in, when it’s the right time to release the results, we’ll hear what we need to and benefit as a result.

I thought communication was slow at ECR, far better than here. Won’t move at all until drill results, which could Land anytime between yesterday and the last week in January, if not later. I’m holding because of the potential involved but it just feels like a slog

Any further updates on the IPO APR?