RE: ECR29 May 2019 15:13
Dill, if you have spare funds and can afford to top up at 1p then I think you will be rewarded.
The company, the CEO, the expert geologists (with proven track records) and the evidence suggests that the share price is going to climb from here...possibly transformational for ECR.
Maybe not in the next 24 hours (although results can drop at any time from here)..maybe not this week or next...maybe not for weeks, but there is one sentence in the `Significant Update` on the 8th May that keeps me from selling my `significant` (for me) holding here, at it was this....
`Whilst there can be no certainty that additional bags tested will contain higher quantities of gold, it is unlikely that the testing will not find a degree of repetition of this type of result recognising what is now known about the DMS geology.`
The operative words being `unlikely` and `repetition`!
It would be very unusual for the team to have `just happened` to put the drill into an area where these nuggety nugget results were hiding..all on there own!
So repetitive results `not` showing more high grade gold is very improbable, even illogical!
Don`t worry about the delay, they probably want to make sure that they are absolutely sure about what they see before announcing the discovery in the correct terms, and the wording of the RNS`s.
The region they are testing is historically proven to be a gold district.
This is NOT the old ECR with Stephen Clayson (?) in charge.
This is the new ECR, cash in bank, expert proven team, reliable historically proven gold district, and most of all....a market cap of £4.5m !!!!!!!!!!!!!!!!!!
Those referring to SOLG in comparison, their Mc is about £700m! And they still haven`t bought so much as an ounce to surface, because its a mile underground and a fookin headache to recover.
ECR`s is relatively shallow, and evidently plentiful!
BUY!!!!