Just goes to show...16 Apr 2025 17:02
...that when the market decides to assess the projects, the potential, the assets, and the plans...it is clear that its a risk/reward very much worth taking.
The AIM market is a minefield, full of hope, gambles, and despair...with junior miners promising great potential, with diminishing hope and running out of financial runways.
ECR are a different animal, they have funds, they have assets, they have high potential for shallow alluvial Gold production in the coming months in Blue Mountain(at $3300 and rising), they have the potential of increasing Antimony results with imminent drilling this month at Baillieston
They have the MGA tax loss sale still bubbling under the surface.
They have the Maximus deal potential in Canada, at a price of .33p, with the other party locked in to a 12 month agreement, 'the recipients will agree not to dispose of any Ordinary Shares for a period of twelve months from issue, provided that disposals may be made if the VWAP of an Ordinary Share calculated over the previous 10 trading days to any disposal is not less than 0.5 pence.
Todays volume is 35m, against an average daily volume of c20m.
Just goes to show that if you listen to the grudge bearing FUD spreaders, that have an agenda, you can miss the details in the company's plans, and the overall picture of what is actually happening.
Those decent buys today can see the picture developing...too many active positives to ignore.