Member Info for AG1989

having regular results***

Ignore the no

Long long hold for me.

When we start having no regular drilling results from both Bailleston and Creswick, I’m expecting it to jump 2-3 p at a time so these numbers right now are irrelevant for me. Il be topping up payday regardless of price.

Agreed SlipperySlip. If my only access to Rincon is via Gunsynd, I won’t be giving these golden tickets up for a long time

A very astute investment and with a low m/cap, we have many bright days that lie ahead

What are people expecting/ hoping for ?

The sp gets the hike everyone is anticipating ?

I’m just as intrigued just to see what kind of percentage Gunsynd will retain. The rincon IPO looks oversubscribed and moving forward 12-18 months, the Gunsynd SP could be on a different level altogether. 50p-£1.

Maybe see it ready 3p post IPO. GLA

TS, I totally agree, definitely gold there, I was just trying to state the difference is Havieron has 10+ successful drilling campaigns under their belt. Wishbone have stated they could have $2 billion worth of mineralisation at white mountain, which could be £10 a share but it’s all about what you do with it and progress those locations.

I believe ECR are at the start of an amazing journey with all the fundamentals in place.
- drill rig purchase
- Assay on site for fast turn around results, to check they’re drilling the tastier areas (this is huge for me)
- Two gold rich projects with one JV looking nailed on and another one could be agreed down the line
- a £1 per would equate to a £640 million m/cap which I believe in achievable within 3-5 years

I’m in Greatland but believe they still have one hell of an exciting journey ahead of them so il be staying put. On the side I’ve sold my EV shares and built good positions in both ECR and OMI. As well as GGP, these look like the best bets moving forward.

Personally I’d say currently ECR is a better bet than wishbone, but there’s still potential to make a lot of money here. Be interesting to hear an exploration RNS regards to Patterson and drilling campaigns at white mountain

The whole GGP comparison is slightly frustrating for me. Like stated in this thread, it’s all about what’s in the ground, which is quite a big fundamental :D
There’s talks that Havieron could eventually be 20moz+. I doubt ECR have similar

However, I do maintain I’m very excited and encouraged by Creswick and Bailleston. And with only 600 million shares I Believe we have the opportunity to have a similar rise as GGP, with such a small market cap

Money to be made from bath for the foreseeable, just need to crack on and find out how much is in the ground :)

Is everyone expecting an RNS from Newcrest ?

Mid term suggests 12 months maybe ?

It all depends on results, JV agreements, funding abilities. If a JV is signed at creswick with a 2021 drilling campaign, and high grade Bailleston results, no reason this couldn’t reach 40p by end of 2021

All guess work but that would be a £256 million market cap valuation. 1/4 of the current Greatland market cap.

We just need to drill the two projects to death to give us a better indication of what we have :D I’ve built a healthy position here, GGP and OMI. 3 of the best on the AIM in my opinion.

Any kind of JV right now wishbone would be lucky to get 20-30%. You’d imagine another placing taking place to fund wishbone moving forward

Is there history of drilling on wishbones tenement at Patterson?

Brilliant response TS and everything I needed to know.
I like how he wasn’t willing just to accept the first few offers on Bailleston, and he is happy to wait to prove up the resources as much as possible. The purchase of the drill rig was a master stroke. Like you say, Australia is the gold rush hotspot of the world and there’s no worry of renting a drill rig for a set amount of time.

Two core asserts with 100% of Craig Browns focus. I think the interest in ECR will continue to increase, not just with potential JV Partners but with PI’s and institutional investors looking for a company with a strong future ahead. ECR definitely has that and it’s good to see the confidence here in many LTHs and what transformations it has been through.

Open to anyone who’s interested. I’ve only been investing since March, and started by making a few mistakes. Buying cheap shares in retail and god knows what else trying to flip a profit.

I speculatively got in to Greatland around 4p but didn’t know too much about them. As the weeks went on and I read up more and more about their projects, finances and investment opportunity, I began loading up. The company for me is ran brilliantly, has a close relationship with Newcrest and has delivered significant shareholder value month on month

There didn’t seem many which could rival it or even follow a similar pattern. ECR looks the next best bet and the more I’ve researched, the happier I am knowing where my investment is going. It has good management, a small market cap, 2 brilliant projects on Creswick and Bailleston. One of which looks likely to enter a JV. It’s own drill rig purchased with on site testing for faster results and turnaround. I actually have a pretty good holding in this now, for me anyway.

I know some LTH’s here have have been around 7/8/9/10 years, when the SP was 73p in 2013. What is different now ? Why have you stayed and potentially averaged down over the years?
Does ECR look unrecognisable from those days, can you finally see light at the end of the tunnel and a pathway to a very profitable company. I’m hoping to be here for a very long time, it’s almost too good to be true that I’ve found it at a time and stage where all fundamentals are pulling together and we’re about to start a really interesting journey

Thanks
AG

Selling some of my other shares to load up on Gunsynd next week. Expecting big things from the IPO

Agree with Zulu here. Very strange timing bringing both bits of news out today, however it’s a board for all opinions.

I’ve bought more this morning. Long term it’s still extremely promising, drilling has commenced with a second rig now on site. Nothing has changed for me, just nobody likes a placing :D

What an ususual RNS

Releasing drilling confirmation and updates(everyone has been waiting for), with a share placing. So counter productive to sp value

If you release the placing, your going to get a dive in sp. release the drilling update next week or later this week

Back down to 20p.

Just announced 2 further JVs with Newcrest

Black hills
Patterson Range East

With them keeping first refusal on Scallywag.

Surely this bolds well for Rincon and the other mining companies in Patterson.

Some excellent grades at shallow depths. Bring on the RNS

MEM - I can see this racing to £1 not too far from now once drilling has restarted.

The historic grades speak for themselves. Already starting with some meat on the bone, 2 JVs on board, I actually look forward to Monday’s, I really do ha.

They are staggering grades. Wonder what market cap potential Orosur has. 160 million shares? I think the market is in for a rude awakening in 2021. Extremely glad getting in sub 20p again

Still waiting RRR. Been waiting since the start of November. All in good time. The mind wonders with all kinds of different scenarios.

Fingers crossed they squeeze them in after the GDXJ rebalance and before the MRE. Looks like they’ve packed up camp, hopefully a drilling campaign in the not too distant future at Goliath/Patterson Range East.

Not sure what the SP catalyst will be. The MRE or successful Scallywag results. Kind of thinking the latter, if they strike there, all bets are off and you’d imagine another JV on the cards. Or one step closer to a takeover.