ECR have played a blinder, on all fronts!1 Mar 2026 17:34
Right from the early stages of Nick Tulloch and Mike Whitlow taking their Directorships of ECR in late 2023, they have driven the company in the right direction for shareholders.
Selling non core assets to fund exploration of core assets has been exemplary.
They protected funds via Directors and some service providers taking shares instead of salary or payments for services.
They did raise funds, yes, but at strategically brilliant moments and opportunities...the £1.5m raise at 0.26p in January was a master stroke...not to keep the lights on, but to put a financial foundation for the transition from junior explorer, to first Gold production in their history, just when the Gold price is going in to a new, repeatedly, all time high.
Nick Tulloch has been the driver in all of this....appointing industry experts to the board, with superb CV's in geology, and developing mines to production ready status, in a very professional and high quality standard.......the reports from Raglan confirm this.
We have a very professional operation here, the RNS's, the interviews, and the excited optimism is clear to witness.
The market is clearly taking note, as Fridays trading suggests...the 0.26p price is obviously too low, with a market cap under £10m.
With the events in the middle east over the weekend, the Gold price is not likely to drop, and with Goverments around the globe extending their Gold buying prior to these events anyway, it gives a very lucrative position for Gold producers.
ECR is in a win win win win position...first historical production Gold revenues....plenty of funds in the bank....massive Gold price...and tax free status on revenues for years to come!!!
This has to be THE best risk/reward 'gamble' on any stock in the same sector at this time...bar none!!