Member Info for Bottmzup

Well that was about the most indifferent reaction to a contract related RNS I think I've seen!

Just goes to show how little relevance or interest the market had in this project, and I'm happy to see the back of it.

To Mike and Nick....now concentrate on the drilling in Aus, and particularly, PROVE that you are serious about production at Blue Mountain by way of updates about areas targeted to focus on, and assembling the machinery and materials on site, as well as a water source....rather than being optimistic that it will happen.

The non reaction about todays news clearly sends a signal from the market that the above is of the highest importance...along with the MGA sale opportunity if the Antimony results are significant enough to make it very attractive to potential buyers.

The SBTX chart is showing the sp just slightly above a rising trendline which started in October.

Its also just above a major support/resistance level, and in oversold territory on the daily stochastics.

So Opti would be wise to back off on any more sales for now because they wouldn't want to assist in a break down below these levels causing a technical selloff.

They would be better off seeing a recovery in sp over there for obvious beneficial reasons for any future sells....and the BOD at Opti will be aware of this!

Or at least they should be!

I reckon you two should get a room, and find out whats in that bulge!!!!

Sorry, but it was coming! :-)

I say it looks like it's bouncing, I should have said it has the early signs of a bounce...at least a good flurry of buys have come in since it touched 19.1p, and its gone from red to blue...so thats a good start.

Ha ha...two points, one is this market-bulls data basically repeats what I already said, people with little experience don't use strict money management or don't have a proper trading plan. It takes a lot of losses for them to realise how easy it is to lose money.

You seem to make out that ALL traders lose money every year, and that just isn't true...not for me anyway, and I can't be the only one....ironically I have lost on investing longer term before!

The second point is that of course a website like market-bulls is going to say that most traders lose money...because they want you to sign up to their offering so that they can take your money, there's hundreds of these types of company's out there.

I started off two decades ago going to a seminar with the Online Trading Academy, so I took it seriously right from the start. I also invested in a book called 'Come Into My Trading Room' by Dr Alexander Elder...its my bible! £30 on Ebay if anybody wants to learn from a legend.

So back to SBTX....looks like its bouncing off 19p ish...as I 'guessed'!!

People who call themselves traders after a few years trading might lose while they're learning, but traders who have been at it more than 10 years don't if they're following strict rules of money management...ie using stop losses, and not putting more than they can afford to lose on any one trade....amoungst other measures to protect funds.

In my case I look for company's with potential for good % rises in the short term...like SBTX. Fundamentals are looking ok, liquidity of volume is good, market cap decent, interest in the story etc.

The chart set up here is looking quite an attractive buy at 19p.

The rising trend line, support /resistance level, daily stochastics heading for oversold territory, and the fact that a sideways channel looks to be developing between c19p and c25.5p, up and down over a period of 2 - 3 weeks.... all go to suggest that buyers will be interested in this setup.

So a quick in and out for c25%...then rinse and repeat until the pattern changes, or news changes the sentiment one way or another.

As far as investing long term, have a look at Avacta (AVCT), there have been clowns over on that discussion saying it was going to the moon for a few years now, ramping it to high heaven.

Now, after all the excitement over a few years when the price ranged between 100p and 200p or so, its back down to where it was 6 years ago!!

So if you held on all that time you'd be feeling like a right mug!

There are plenty of other examples.

As a "trader" in shares you have to guess what is going to happen.

As an investor you can just sit back and wait. - netcurtains

A trader, if well versed in technical analysis, does not 'guess' what is going to happen, he/she uses very defined signals and indicators to time favourable entry and exit points.

They may have done their research, and like the company and its fundamentals, but prefer to wait for low buys and higher sells within a rising trend, which SBTX is now in since the start of Oct '24.

Whereas an investor, with no knowledge of how to read a chart, just looks at the fundamentals, and 'guesses' that over the long term, if there is a fair wind behind the company, they will make a good return on their investment...not taking in to account future global threats, political uncertainty, recession etc.

But where they put themselves at a disadvantage is that they will be prepared to pay any price at time of investment, following results or updates, and can easily see their initial position eroded once the traders/profit takers pull their money out, and wait for another lower entry...IF the rising trend is still intact.

If the trendline breaks lower, then the traders will wait, and wait, for the signals and indicators to suggest that a bottom has been established....time to buy back in!

Investors use the current fundamentals, and a level of blind faith that things will eventually go in their favour, whereas traders are in control of their money management, preserving funds, using indicators and signals such as trendlines, volume, moving averages, support/resistance levels, and an oscillating indicator such as stochastics or relative strength index (RSI) for turning points.

So it pays to be tuned in to both fundies and TA for the best strategy to load probability in your favour.

I always like to use the snooker analogy...it's no good being just a good potter if you don't know how to control the white ball!

Use both and you will win more often.

WeightWatchers going down the gurgler has a lot to do with its long term debt, as well as a change in focus towards how people want to control their weight.

Not everyone wants to stick drugs in their arms to do that though, and as there are so many humans that are overweight in the world it means that there is a massive market for solutions.

Opti has one of the healthiest solutions in a dietry fibre sugar substitute, which is already being taken up by some big Country's, and big Company's...with more to come....possibly at least one major global brand in soft drinks!

'More than twenty international food and healthcare supplement companies have signed agreements with OptiBiotix to incorporate their human microbiome modulators into a wide range of food products and drinks.

OptiBiotix is also developing its own range of consumer supplements and health products. The Company's current areas of focus include obesity, cardiovascular health, and diabetes.'

Personally I would rather use healthy food and drinks to control weight than sticking a needle in my arm, and I suspect so do many other people on the planet!

It's a huge market place, and plenty of room for every kind of solution...including a proven healthier sugar substitute.

..looking good today, with plenty of buyers. A day before full year results suggests the market is expecting strong numbers.

Lets see what tomorrow brings.

Already posted yesterday Tamer

Https://www.youtube.com/watch?v=zRTdu4y0JJ0

ECR, one of the best propositions out there at the current Mcap, with plenty to play for.

That's a good flurry of decent sized buys today, on 3x daily average volume.

So what's changed? Well nothing!

I think the market and the traders have looked at the assets, the Gold and Antimony prices, the plans, the funds in the bank, and the potential multibagger upside, and thought, this is a crazy low share price and market cap.

And here's why the risk reward is so attractive....the upside potential is very high, but one of the main 'worries' for traders is the risk of a lower price, and with ECR we are at an all time low zone, with all time high multibagger potential.

Since just after midday today till 15:47, there have been 4 buys of 2.5m, one of 3m, 3 of c2.2m, and others of note.

And in the final flurry from 16:13, there was one of 344k, one of 2.5m, one of 3.5m, and the cherry on the cake....one of 13.25m! Follow the money as they say!!

Seems like one or two market followers have deduced that the risk/reward profile of ECR is very favourable at this time in history.

I don't think punters are deciding to take a risky gamble on the Antimony results, I think they have done their risk/reward homework and decided that the valuation and market cap of ECR, at this moment in time, is way too low....everything considered!

Wow, the grudge bearers and FUD spreaders aren't going to like that flurry of buys and the blue tick up in price!

Should see an accompanying flurry of panic posts.

Sb price up 230% YTD

https://x.com/MetalofMilitary/status/1917611073202516289

They have already shown that SB is there in the ground, now all they have to do is prove that more it is there.

Shouldn't be too hard if they follow normal geological 'follow the breadcrumbs' strategy...not geological terminology but you know what I mean.

After all, how did the Antimony they've already identified get there? Was it formed over millions of years.....in which case there must be more in the local area....or was it fly tipped by some local scrapyard a few decades back that didn't realise how valuable it was?

Calm down dears...we're just between newsflow and everything is having a down day.

Our day will come...and what a price to get in at with everything going on, while the market cap is still just £5m!!!

...before drilling commences

https://x.com/ecrminerals/status/1917108641578291456

Yeah this is a possibilty of how they are thinking, and would suit me just fine.

The next 4-6 months could see a night and day change in how the market values ECR.

Prove up the Antimony and Gold potential at Bailieston, keep developing the production project at Blue Mountain, keep talking to prospective interest re the MGA tax loss sale, and, I'd be quite happy for them to complete the Maximus deal...at .33p it would be a good way to put a baseline on the share price.....and the potential sounds good!

The Antimony situation could be the game changer, if the upcoming (this month) drilling campaign proves to be lucrative then the whole picture changes...with regards to the ECR share price because of the current value of Sb, but also the value of the tax loss negotiations.

''ECR's geology team has recently reviewed historical portable x-ray fluorescence ("PXRF") data from soil sampling campaigns conducted at the Bailieston Project between 2020 and 2022. Statistical analysis defined eight sub-populations of increasing antimony values. These were then spatially correlated with known mineralised vein systems, revealing four key antimony anomalies along the Hardup, Hardup South, Scanlons and Scoulars veins.''

Wow...Statistical analysis defined eight sub-populations of increasing antimony values.! Sounds promising! Don't forget the BULGE!!

Lolworth is also interesting...Our partnerships with Geological Survey of Queensland and James Cook University at Lolworth are a further reminder of the widening interest of a project that is prospective for both gold and critical minerals."

Fully funded for planned operations in 2025.

With a revenue stream targeted at Blue Mountain, our new Consultant Geologist Mike Parker to rely on for advice on developing the production process, it looks like the two leaders here have a clear goal...to increase the value of ECR to the market, the shareholders, and themselves with thier holdings arrangements.

Very happy to hold and see out these oportunities (plural) as they unfold in the coming weeks/months.

Been buying in the mid .02's for the last 18 months so I'm dipping up and down each side of breakeven..but seriously thinking of adding more to my biggest holding in my ISA.

They've put a little dent in market confidence one way and another recently, but the fact is we still own the Antimony, and we still own the MGA tax losses,.

I think they could be focused on the Antimony, and the MGA associated tax loss benefits to a bigger company, and could be preparing for negotiations at a much higher valuation, using the previous negotiations as a vital learning curve.....(imminent results depending obviously).

I think they will want to sell MGA seperately rather than a lock stock and barrel sale of the company....then sell the company with a big cash holding and projects galore..including production ramping up at Blue Mountain, with the Gold price hitting new all time highs on a regular basis.

Yep, another made up negative with no foundation or details.....coincidentally exactly how coco operates!!!

Hmmm...has anybody seen those two in the same room same time?

Price is just about to test the falling trend line which started in early November...might see some buying action soon!