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It's a shame it isn't books......https://www.abebooks.co.uk/servlet/BookDetailsPL?bi=31433401827&dest=gbr&ref_=ps_ggl_10939332144&cm_mmc=ggl-_-UK_Shopp_Textbookstandard-_-product_id=UK9780764551734USED-_-keyword=&gclid=CjwKCAjw88yxBhBWEiwA7cm6pQHqJ-tu9PXzkWqsSD2CEQS0jR5makO905WHtH4ZbvTV8UfsfkTRARoC3eoQAvD_BwE
"it's all jam tomorrow until they get an inferred, indicated, and measured resource. anything else is just there own guess and the way they want to spin it out to the public. they can and do talk it up, but strip away the 'expects' ' i think' ' very very soon' and the 'quite encouraging' and what have ecr actually achieved / got?"
Sausage, you've just summed up 99% of the AIM market.
We're officially now in "quiet season" and volumes will be much lower than the dismal levels we've seen across the board for the last 4 years. I the mistake of assuming that testing would have begun on the 22nd however as we know by now that is not necessarily the case. We know the kit move is 7 days but we don't know on what date it started to move. Sononagol have made a pigs ear of the testing so far, let hope they can meet their own timescales on this occasion.
It needs results, the market got wise to the small talk years ago unfortunately and that will no longer wash. As soon as volumes start to increase those that have sold will scramble to buyback. Like I said, they need to stem this "this week", "weeks", "shortly"
"And, if that's the case, and you fervently believe that, why don't you sell now and buy in at 0.24p"
Because I don't believe they will succeed, I've been here a while TT and I've been in the markets close to 20 years, I've seen it all. My opinion is based on behaviour, starting when MW/NT took over back in August. It was traded 0.19 - 0.24, it was suggested at the time by MW that this was a "trader". You take 0.29 and 0.24 looks nailed on, except we've seen strong support kick in which has resulted in them having to buyback in, somewhat aggressively in fear of being locked out. Like most LT holders here, I can't commend the new bod highly enough, what they have achieved 8 months most AIM fail to achieve in 8 years. Some sustained news here without pre warning should do the trick.
"No chance you'd be doge for libel with such a benign comment" It's not what I've said Techtonic but what I could say.
I believe there is a strong intention here of getting this stock back to 0.24 to run it back to mid 30's. The pattern is always the same, hit the bid on low volume followed by aggressive buying. It was alluded to by MW himself in the early days that "traders" were milking it. You can control the sp with just a few million shares when volume is low.
Thanks for the update Dave. There's a difference between administration and liquidation, liquidation means there is a chance of some return, administration, zero. Another coincidence (not) is that the results were due this month. This will be taken into admin with TB and INL riding off into the sunset.
We saw the same between 0.19 - 0.25 for a few months before the range broke and the same will happen here. There's too much news in the pipe to risk being out. It's interesting they used the work "collaboration" in the TMS Q&A. Dare I say that, could this end up being a JV in time? They're obviously keen.
They need to break this constant cycle of trading which has been constant since August. My last post was a bit premature, yet again the bid is being battered on low volume. Rumour has it that it's some well known "holders".
A good summary BH. We may be treading water around .30 but the fact that it's holding during low volumes is significant imo. Since August we have seen large sells hit the bid to take it down to create a trade, that seems to have stopped which suggests traders are not willing to take the risk.