Member Info for Bottmzup

He'd be selling at a loss because the shares he accumulated were for sacrificing a representative salary figure at a higher share price..

He wasn't just given shares for nothing by a passer by, he was working as a director of the company.

But then you know that, you just don't like to talk about it.

Liar James!

Sellers were clearly part of the 212m traded on the two RNS days that were hoping for a bigger move, but when price couldn't break resistance at 0.25p their 5 minute timeframe gamble caused them to panic sell the following day, which had 53m volume.

The last 3 sessions have all been below the average daily volume of c20m, with a total of 40m for the 3 days.

Those sellers will be the same ones waiting for the next RNS to buy back in if the news is positive.

MW would certainly be dim if he had been part of building the company to the cusp of production only to sell at a loss.

And as with all investment vehicles, at the bottom of the page is the disclaimer...past performance is not a reliable indicator of future results.

Which works both ways!

And if you came inside, soaking wet through to the bone, and said it was raining, I'd go outside and look for the hosepipe!

Visit any AIM stock chatroom and you wont have to wait long before some fudster comes up with the tried and tested deramp under the 'fundraise' category...its the old default deramp because thats how AIM stocks survive and progress.

In ECR's case, the last two fundraising events have been £585k at a price of 0.43p, and the perfectly timed £950k at 0.33p last Nov.

Coupled with the cost saving measures of remuneration for Directors and some service providers, and the sale of Brewing Lane land surplus for A$225k, the whole strategy has been to retain as much funds as possible for exploration drilling, and calculated progressive spending etc.

Without these strategic moves to fund operations the company would be in a much more challenging position, but as it stands they are on the cusp of turning a junior explorer in to a Gold producer at Blue Mountain, with a significant monthly gold revenue income.

Given that BM is an alluvial project, it means that financial outlay is way way lower than if they were targeting 10x, 20x 30x + deeper gold, with the goal of opening up a Wembley Stadium size hole in the ground, and all the additional factors involved in securing the appropriate mining license, environmental etc.

All the ducks are lining up, with Mike Parker taking the key roll in developing the project....he must believe in what he has seen so far, so all we need now is the confirmation RNS that the samples are as good as everything leads us to believe so far.

That RNS, if positive, or very positive, will be the final duck in the row of a transitional moment in ECR's history.

The market awaits, as do potential investors.

Not if they raised at 0.4p!

I can see it now, they turn up on site on the first day of production and Mike Parker and Adam Jones have a final brief meeting.

Mike says - So is everything ready to go?

Adam - Yep

Washplant all tested and ready?

Yep.

Water supply?

Yep.

Machinery all ready?

Yep.

And did you pin the Mining Licence up in the works cabin for anybody in authority to read?

Mining Licence? I didn't know we needed one! I thought that would have been your job as you are currently a Director of Aftermath Silver Ltd, a pure-silver exploration play in Chile and Peru and listed in Canada, and Technical Director of Solis Minerals Limited, a critical minerals explorer, focused on South America, with a dual listing in Canada and Australia.

And you are also a fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and member of the Institute of Mining Engineers of Peru (IIMP) and hold a BSc Mining Geology (Honours), University of Leicester.

Mike - well they are just labels they give you, it doesn't mean I know how it all works!

Ok, everyone pack up and leave site....we need to put in an application for a mining licence....god knows how long thats going to take!

Adam - Oh sh*t, maybe thats why Whitlow is dumping all his shares!

Wow, what an opportunity for some to get in at 0.22p or below, and it didn't take that much to return the price back up.

Well done if one was yours...too bad if you missed out.

The sp didn't move when they announced that MW was stepping down on 1st Aug...on less than average volume.

It moved on the announcement of the Bitcoin and Digital news, with 140m volume.......ya plank!

Then continued the positive trading volume on the news of Mike Parker joining the Board of Directors yesterday.....ya plank!

I love to see that when it comes down to positive news the market reacts, and all the FUD'sters relentless negative posts end up meaning absolutely nothing.

They can keep posting their diatribe of historical grudge bearing hatred for someone who's affected their past, but when the company he WAS a major player in starts announcing their intentions to move to the next level, with a new BOD setup, a new strategy with the ECR Digital plan, and obviously convinced of the potential at Blue Mountain....confirmed by Mike Parker agreeing to become the head of operations...its clear how pathetic and desperate they are in continuing their doomed campaign.

The market clearly does not read this forum, and only reacts to actual news....hence the 140m shares traded yesterday, and the 72m today.

Follow the money.

Great appointment, production development in safe hands here.

One of the fudsters here keeps saying that Nick Tulloch knows little about mining....well maybe so, but he knows a man who does know how to develop a company in to a Gold producer!

All NT needs to know is who to assemble to get the job done.

Very strong intent being shown, and if Mike Parker is willing to get fully involved, with his background, then you know he is convinced about the potential at Blue Mountain...and Lolworth!

Visible gold in the first samples...and of course...todays gold price knocking on the door of $3400/Oz!

C1p2D

Yeah I'm certainly liking the recent developments, there are plenty of juniour explorers that would love to be in ECR's shoes.

Fully funded for 2025 plans, Blue Mountain looking like its going to be a good revenue generator...near term, alluvial so cheap recovery, huge tax loss to offset against revenues, huge target area which Nick stated could produce for years to come, good relations with the land owner, possible JV(s), ECR Digital, Mike Parker experience in building production Companies, ramp up in washplant capacity being considered...etc etc!

A lot of new attention from the market as shown by todays massive volume.

Apparently some new (or old) names coming on board....1755 square km's of tenements across 6 projects in Queensland and Victoria!

Very low market cap currently.

Whats not to like?

Said the FUD'ster with a historical personal grudge!

WOOF?

More like yack yack yack!....like a jack russel with an attitude.

Good to hear you think this has a 50%+ rise in it short term from recent lows though...can't be that much of a dog eh?

C1p2D, I think you might be overthinking this, and maybe a bit too concerned.

Here's a btc chart with weekly candlesticks going back to 2020. The two peaks (double top) on the left is during '21-'22. It then went down to the bottom at 17,500 in late '22 where it then started to rise and has been in a rising trend ever since, as shown by the light blue line.

It then had a sideways pullback starting in early '24 until the 4th Q, ranging in a channel between 70k and 55k...so about a 20% slow drop at the extremeties.

It then went on a maizy run up to about 105k, before the sharpest retrace back down to c78k, so that one was about 30%, but only lasted 2 months before bouncing again, this time up to 120k roughly where it is today.

See how price is reacting to the rising 50 period exponential moving average in pink.

By the time ECR go in to profits it looks very possible that price will have retraced again back down to that rising trendline and EMA50 line.

That would be a great time to put some funds in.

ECR will know how to read a chart, and I'm sure they wouldn't buy in at the top....they would wait for the next bounce if the price is falling.

They probably wouldn't go all in with 50% to start with either, it would be a gradual approach....so I don't think you would need to worry about the Market Cap vs the btc price.

The key driver will be how much Gold they are processing, and the potential of the Blue Mountain prospect going forward.

https://www.tradingview.com/x/mpitAcoZ/

Double the daily average now on half a days trading.....36m vs a daily average of 17.5m!

This news today may have been a catalyst, but the Blue Mountain samples in the lab as we speak, and results due v soon is probably driving the fomo!

Looks to be a breakout on the chart incoming!

We're nearly at the end of the 4 yr btc cycle, meaning the price of btc will inevitably crash- C1p2D

Utter nonsense, and a poor attempt at a deramp.

Firstly, the btc price has been in a rising trend for the last 2 and a half years, with a couple of 25% retraces at worst, then a continuation up to all time highs.

Secondly, ECR are employing experts for advise, but more importantly, they don't HAVE to put any funds in, they've just set up the option if it looks favourable to do so.....and only at up to 50% of profits.

After the early negative posts on here its good to see that the market has a different view of developments, with some decent size buys along with a good flow of blue.

You could say that some people can see the other side of the coin! Boom boom!

Could be a lot more lucrative than interest rates in a bank.

After Nick Tulloch saying that ECR are not that well known in Aus, they end up being reported on in the Queensland Industry News!

https://x.com/ecrminerals/status/1952623285465661720

And within that Estimated Forward Work Program was the Maximus Minerals interest...which no longer exists because they cancelled it after doing their due dilligence. So the time, effort, and costs of pursuing that plan would have been redirected and allocated to focusing on the main objectives...being production revenues at Blue Mountain, and drilling at Lolworth.