Member Info for Bottmzup

Whatever, the drawn out negotiations WILL take the share price lower in the short term because of impatience and uncertainty...and we all know what reaction uncertainty has.

I still hold some, but have derisked my majority for a very sensible reason..ie...the market has not reacted well to the current position, why do you think that is?

Its because it`s going to take time....and traders and skittish investors don`t have time, they want results tout suite!

This presentation today, in all its glory, is for a `months down the road` possible result....you have to understand that traders and tentative investors will quite happily get out and wait for more positive developments!
Not everyone in the investing world is a `buy and hold forever` numpty!

You have to evaluate the time factor.

Oh dear, can`t sell for about 30 mins, no buyers coming in at current price for one simple reason...its going to be at least a month before any decent news re Zinnwald...Sonora will take much longer..+ the fact that the market has not responded well to `the deal`.
Ok long term but short term too much negativity, traders will not hang around for 6 weeks when there`s other opportunities elsewhere.
I managed to sell one third of my holding but looking to sell half of whats left if I can get over 25p.

The market is speaking, and if the sp is not rising on the news then it means that it will fall gradually until the news is better.
I`m a little bit gutted because I thought it was a nailed on good % riser before the end of H2, but now looks less `nailed on`...specially because the due diligence will be another 6 months before final decisions are made.

Pastures new, and some of the tech stocks are looking fantastic in the current climate...any mining is too long winded!

penny`s dropped, use phone for sound!

No I can`t hear it either, can see slides but no audio!

Yes they corrected it in todays RNS, yesterdays says 11am GMT.
Either someone there reads this discussion or they realised in time.

11am GMT don`t forget, thats 12 midday in the BST UK

Yeah well thankfully I got out of ECR early a good few years ago when the previous management did `that` to the share price, I did lose money but it could have been a lot worse.

Kept one eye on them and now have a good lump in here again at 0.9p. I liked the new management team so thought I would back them when they moved operations to Australia.

Things looking very positive...slowly...but I honestly think they believe, and Sam Garrett believes that there is a significant amount of gold under cover in their license areas.

As always we await confirmation before getting TOO excited...`potential` is not guaranteed success, but the results so far show very good evidence.

What does this performance remind you of genius?

I don`t need to leave the house unless I need some milk or bread ha ha. By the way, its only 10:30!

You`ve been ramping EQT for many months saying its going to 11p.....well its all time high is 9.5p, shortly after it IPO`d at c7p.
Its continued to fall and is now at 0.8p!!!
I might even dip my toe in when they go back down to 0.4p.....they`re all ifs,buts and maybe`s hoping for a big contract while struggling to service a large debt.
They`ve got 5 small time energy from waist plants in Poland, Bulgaria, Croatia, Spain and Italy......I worked on a bigger one in Cornwall 5 years ago!

It doesn`t take a genius to work out that a genius you aint.

How can you value a miner that hasn`t any proven resources yet?

Do you have a rampers handbook with all the bull***t phrases lined up to go?

Anybody with a lot of experience in all aspects of the stock market wouldn`t embarrass themselves by spouting nonsense every day, but you are a newbie to this and you don`t care a damn because you`ll just move on to the next one and start again.

We`ve all been discussing the potential of ECR for a long time on here and you just turn up in the last week because its started to move from a low level. Now you want people to believe you`ve done some research valuing ECR and decided that `slide rule says yes`!!

You need a few disappointments to bring you back to reality, alas for some it takes many years to realise.
Clown.

Expect more of his over ramping bs, he`s doing the same over on EQT.

Absolute nailed on guaranteed multibagger going stratospheric any day now, regret not buying forever! etc etc.
This was a good one...`biggest volume I`ve `ever` seen for a long time`!!! Ha ha ha.
Repeating the same nonsense without a mention of the fact that EQT are struggling with debt!

You get the picture.

Forgot this bit...

The options will vest immediately but will only become exercisable a) after six months of service by Mr Garrett and b) when the Company’s five consecutive trading day volume weighted average share price exceeds a 1.75p threshold. The options will be exercisable for five years from the vesting date.

...was appointed as a non executive director on 22nd Feb this year. He was part of the team that made a large discovery at Greatland Gold.
In this interview with Andrew Scott from Proactive investors in mid March he was asked to explain why he/they thought there was big potential for that find, and after explaining he was then asked about his part in bringing the Windidda region to ECR`s notice. He said `its the same story really....trialling for the big elephants undercover`!

https://www.youtube.com/watch?v=bXdhO7vbCEY

Mr Garrett holds a Bachelor of Science degree with First Class Honours in Geology and a Master of Economic Geology degree, both from the University of Tasmania. He also holds a Master of Applied Finance degree from Macquarie University in Australia. Mr Garrett has 30 years of exploration management, project assessment and operational experience working for large multi-national and junior mining and exploration companies in ten countries including Australia, Argentina and the Philippines. Mr Garrett is a resident of Australia.

As a condition of his appointment, the Company has agreed to issue him with options to purchase 7,500,000 new ordinary shares of the Company (equating to approximately 1.68% of the Company’s current issued ordinary share capital) at 1.125 pence per share.

You beat me to it, just listened/watched and Mark Child does make a good case for new investors when you consider the price to book ratio comparison to other companies on TSX at the same stage of development, and some of those don`t have indicated ounces either.

He seemed very keen to emphasise that they are considering buying a second hand mill and producing 1000 tons/day which would get them into 40,000 ounces of gold per year, so no small beans.

Some kind of decision has to drop soon you would think.

Mniy, yes agree there are deals waiting to be released. They`ve already said that they would love to reveal more in their interviews but can`t say anything yet due to nda`s.
Only a case of when, not if!

mlf51 I did post yesterday where the RNS was, just check out my post and follow the clues!

So definitely no fund raise needed for quite some time, and were already cash happy until summer 2020 anyway.

Happy days.

Yeah like trying to herd cats!

Ha ha ha, thats hilarious, just what I didn`t want to get caught out by if I`d sold yesterday. Now they`re all frantically trying to get back in..and this is AIM so not always that easy to buy when you feel like it.

Great mention of four years at WPP in the CV of Lewis Sherlock by the way.

The placing chains are off so the share price is free to roam!
I have a feeling some of the shorters are closing very swiftly, either that or having to buy a new pair of shorts at TK Max!

Found the RNS, it was issued at 8am this morning by AIM - AIM Notice 14/5/19

So it was today, and it was RNS`d.

LSE just need to catch up now because they still have an issue of 200m showing.