Member Info for AG1989

Love your enthusiasm Casper - but this is the 9th thread you've started today, and it's not even 1 o'clock.

Try and summarise it all on 1 thread and it would probably be easier for posters to digest and take in

Very Bullish about the ongoing campaign. Drilling could be completed this week with results October, more likely November

Proven Ground is very under rated. Some companies chase Virgin ground in order to exploit the next big discovery and sometimes, hit dusters.

http://www.oraclepower.co.uk/wp-content/uploads/2020/11/ITR-WA-Gold-20201114.pdf

The historical results reveal some low widths/low grade hits combined with some nice high grade, wide intersections. The company can really use this data and target the hot Zones, evidence in the deep 200m+ holes they're sticking in

£8m MCAP, it wont take much to move once interest flies in

Also here for the Gold. Sat on proven ground with bags full of potential, $1800 an ounce, it could rocket Oracle to new heights. drilling at Jundee and potential JV partners, it certainly wets the appetite.

To be fair, I've not really done much DD into the Coal project in ****stan, if anybody can bring me up to speed with the situation/project outlook I'd much appreciate it

Not really sure about trading and charts and volumes

But I’ve just made a lot of £99 purchases on Freetrade. It wouldn’t let me buy anything over £100. I tried £500,£5000,£1000,£2000. Nothing.

Sorted now though and extremely pleased (yet surprised) with this opportunity. I’m thankful for days like today when I have spare funds, although equally frustrating for LTHs.

Just remember the excitement based on those last results. It wasn’t hype, or fiction, or a ramp, they were more world class results, which will soon be followed by

More, world class results. And an upgraded MRE. form is temporary, class is permanent.

Also, TS, my statement was more in relation to the company, putting themselves in the strongest position to come up with success

But it’s certainly relatable to shareholders. Getting the best entry/average is key and loading up on stock before the rest of the market decided to do so. Very rewarding.

Correct

Shares drop and shares rise at different times. But investors are in a far better position now topping up/gaining entry at 1.7p, than they were at 4p 9 months ago

The most obvious statement in the world. But in that time, the company have acquired another drill rig, more land in Australia, drilled 13 holes at Bailleston and 13 holes at CRESWICK. When you break it down and look at the financial and hard assets the company have to their name, there’s a lot of value to be had here.

I did go through a period of time, I was losing faith slightly in the process. The small widths and low grade material to me didn’t seem all that promising. But when the company are comfortable and confident in buying land for future mine development, it starts bringing the story together. A lot of assays awaiting.

It really is one step at a time, but far more comfortable with my holding lately. A lot of work to do from this point but there’s no shortness of expertise on the ground at ECR and when that second drill begins to turn, the results will come thick and fast.

I’ve designated a decent proportion of my SIPP portfolio into investing in the Green/EV/renewable energy sector. But thinking about slicing that and topping up here & GGP. I can be very indecisive at times, swapping and changing but for companies with similar market cap values to ECR, I can’t really think of any with better fundamentals pulling together than here. 1.5p seemed like a brilliant opportunity, you’d have to say the same about 1.7p

And yes, the other licenses could be announced at any given time, giving more substance to a possible JV.

Here’s to a successful Q4 and beyond

Yeah just on the eve of a new drill arriving too. The pace and momentum is certainly keeping up. The company haven’t let their foot off the gas since they began back at the start of the year.

Creswick has bags full of potential so definitely a welcome tweet from the company. They’re confident, they’re not just making the right noises, but beginning to make the right moves (property purchases with future developments in mind).

We may not get assays for 3-4 weeks or we could get a couple of holes as soon as this week.

Put yourselves in the position, to give yourself the best chance of success. Can’t fault the effort. Let’s just hope the assays match accordingly.

The gains and growth in the market cap and company will come long before the economics of mining Creswick come about. That can be negotiated at a later stage, and will fall into the feasibility study in a couple years time

If we prove up these shoots, by drilling none stop, like ecr currently are, we’ll be a lot further on than a £15-£20m market cap. Release the resources, and if economical and mineable, we then progress from here

ECR is an exploration company and it’s providing an exploration service to its shareholder. If that exploration leads to Resources, on numerous projects, the mines will follow and the market cap will grow long before the company have extracted their first ounce

My take from this, they’re on the 13th hole, at least 3 more than I thought was planned and with the early indications in this campaign, combined with historic 80g/t assays, I’m really looking forward to these results in the near future. Small steps…..

8-9 Creswick holes to report. This could get very interesting.

Agreed with LW

I like the ceo, he’s an extremely knowledgable person in this field too

It’s just decision time. Crunching some quick numbers. Releasing 500 millions shares at 0.0040 could generate £2m. That would probably last 18-24 months, but it’s close to 30% dilution.

Hoping there’s ways and means around this because I’m extremely encouraged by the Early signs at Bibemi, I’m just thinking long term financially.

Faré has a lot more to offer than 155,000 oz in my opinion and could potentially entice IAMGOLD to cut some kind of deal.

RNS bullets well and truly fired

Could selling Senala to IAMGOLD for X millions be an early possibility ? Then attack Bibemi with a real aggressive growth drilling campaign to get the market back on side

“If” the share price stays stagnant, I fear any up and coming raises and dilution

Kind of praying Bibemi results strike it rich soon

Targeting areas previously reported
2.45m@2.96g/t
3.6m@1.75g/t

12.4m@0.72g/t
1m@5.65g/t
1m@6.15g/t

1m@1.44g/t
1m@2.54g/t

Fantastic move by the company

They've got highly prospective land as it is. I think this falls just south of AZY/NCM Wilki project and is sandiwched between Telfer

Putting my long term thinking Cap on, once a strong cash flow is generated from Havieron in years to come, can you imagine the aggressive drilling program Greatland will be hitting the Paterson with. Gold producer with a potential for numerous new discoveries all within the same province.

I've said it before, you see these junior companies turned Multi Billion £/$ major players. I have no doubt in my mind, Greatland has years of growth ahead of it.

Super Cheap and de-risked.

Brilliant reminder to the Market why to invest into Cora Gold

Thinking about getting a position in the morning but the Northern zone looks extremely promising with a host of historical results

http://www.oraclepower.co.uk/wp-content/uploads/2020/11/ITR-WA-Gold-20201114.pdf

I love these kind of opportunities. Low market cap, proven ground and a current drilling campaign chasing after it with some very nice deep holes.

Definite potential

I post on these forums and it doesn't register, so sometimes i end up double posting

EEE since I first came across it was always a low market cap, around £10m

It's now half of that, with a more defined story at Eclipse which looks set to continue, and drilling on another Gold project. There are multiple companies sat on a similiar market cap, but they don't have the finances, nor the level of activities being carried out, as we do here at Empire metals. I don't think it's going to be an overnight 200% riser anytime soon, but i can see strong growth.

With drilling at CM underway, I'm pleasantly surprised with the noises still being made about Eclipse. It could have easily been put on the back burner after recent news but i believe, that the company and Board believe they have something of substance at Eclipse and thats good enough for me

I think we have have assays for at least 5 Creswick holes to come and the initial assays have shown great potential imo

Also 2 Cherry Tree hole results

Hi Burleigh. Yeah Jack's dream was a welcome Bonus i think when i saw the 24m@1g/t a while back. Shows additional potential to the Eclipse shaft, and even if the company eventually need further funding, welcome to the Exploration space.

I think there's still a lot of potential at Eclipse, and combined with the drilling at Menzies and an incredibly small Market Cap, I'l have these tucked away in my SIPP for a couple years yet.

Yeah, IAM will have a serious eye on Senala for Feed to their Boto mine next door. They may in time buy it off Oriole for a tasty price

Bibemi certainly has potential. 8Km of strike length with 30 holes. With around half showing Gold and real potential. I'd have liked to have seen a slightly larger campaign than 1600m, but if they can generate positive results, enticing a JV partner could be an option.

I really like the company, i like the board but 2022, I'm interested in seeing how they deal with it financially. Dilution and fundraising is accepted in this sector, but you could be talking 25-35%

Seems to be other options to get the price moving and I'm sure TL and the BOD will choose the best option moving forward, with a tunnel vision focus of generating value for its shareholders, as stated in a recent interview

Sorry

My 00 isn't working properly

That is actually

0.6m@2,430g/t***

LW, leading on from before

https://twitter.com/ecrminerals/status/1402954984942149638/photo/1

Sorry if it goes slightly off topic, but it's a reason why I invest in Victoria as a region

The whole state is littered with old Gold workings, mines and shafts from the 18th-19th Century. Some even on ECR's current licenses. But back then, miners could only access Mineralisation to a set depth due to Extraction techniques and equipment being centuries behind where it is now. Evidence in the mining of the Byron shaft at HR3 by "the old timers" as CB likes to state.

E79 Resources are a Canadian listed company, operating not far from Fosterville, like ourselves. They recently acquired land nearby with a history of 70 old mines and Gold workings in the 19th Century, explored down to the Water table and no further. In the past 50 years, only 3 holes have been drilled on their very large land package. Very minimal exploration in a long time. E79 Resources stuck 4 drill holes into their Happy Valley prospect recently, 80m below any historical workings, and on their second hole returned 11m@160g/t incl an intersection of 0.6m@2,43g/t with multiple other 100g/t+ hits

I don't play the nearology card very much and like to focus on the project itself. But the company have certainly acquired land in the right region and with old Gold workings at Bailleston & Creswick, I'm very excited to see what they can find over the next 3-5 years