Member Info for Dan1605

He's probably got a dachshund Tamer, small legs.

I suspect they've done at deal at around .40 notrex, to satisfy both parties, more dilution basically.

The deal is soon to be conpleted according to AH. We don't a conversion price less than 0.62, either they take it or leave it. To be honest I can't believe we're buying anothet asset is nuggety gold.

"People should be pretty angry, I can't understand how anyone can really be positive about ECR in any way shape, or form."

The fact that you don't hold any shares Snip and yet still bothered about how investors feel tells us all we need to know. You must be pretty frustrated, the gaslighting not working?

Snip you seem to ask a lot of open ended questions, "what does that mean", "can you elaborate" " what evidence do you have" Yet you seem to disappear when provided an answer.

Exactly what I was thinking Mental. I've been sat back watching the goings on here for months, notice how the volume goes up when ECR release a RNS.

Evidence shows (supplied by the FCA link) there is actually no short" Surely you don't believe this Notrex. Do you honestly believe all short positions are reported?

I've said for a while that the price action here is fishy. 500k sell at .265, they've had weeks to sell at that price but wait for the day we get news.

I agree Notrex but 99% of companies are aware and don't give a t*ss. ECR have acknowledged it.

Game on! Also liked the bit where they acknowledged that shareholders are unhappy.

What I have noticed HITS is vermin such as WG (who just happened to be up a mountain in SA when the gas taps got turned) crawl out from the gutter. I've been investing for a lot longer than most and BB chat doesn't make a jot of a difference to the sp, yet some are delusional thinking it does. Let's cut the BS, we all know why the SP had dropped.

Evidence? You're a smart bloke Snip (allegedly), do some basic research. ECR's problem is that it was being run by an accountant who was poor at managing money whilst pretending to be a geologist.

There is absolutely no doubt that AH has the calibre and experience to turn this around. We all talk about Cresent Gold but he has a string of other turnarounds in the warchest. The guy is well very connected and absolutely knows what he's doing. I wouldn't be suprised if he didn't have a plan before joining ECR, the only thing that could potentially scupper that plan is weak markets and failure to flip assets. He will be seeking to raise just enough cash to finialise sampling and achieve a better sp to raise cash at. Be honest, how many of us would be happy with another raise at .90 right now?

No worries. They may only be samples but I'm sure we all view them as being significant. The market is desperate for a glimmer of hope.

AS replied to my tweet this morning re results. The last batch of samples were submitted to the lab in June so they're still working inside the 3-4 week lead times. Could see something this week.

To be fair to Paul he puts skin in the game, he had 300k in Pow at one point. Our BOD have stated on more than one occassion that they want to buy shares but can't. Now they have the opportunity they don't. They instead issued themselves some 1p options. When you look at what they do and how much their take it's very clear that this is funding their lifestyle. AH is an exception, for now. I feel he's the one that's taken the telephone plug out of the socket whilst Tang is trying to call Si/Novum to arrange a placing.

It certainly isn't a million miles away. As it stands that's exactly what it is, a lifestyle company. The BOD have no interest in buying shares, they don't know or haven't been bothered to find out if they're still in a closed period.

I take your point Notrex. Do we trust the board to pull off a commercial find ..well that's the million dollar question but we're on the ground with the right tools doing what we can with the cash Craig Brown left us.

Firstly, are we talking about trust or compenency? Do I trust the board? I trust them enough to get on the ground at Queensland and hopefully find some gold and that's all we need right now. They could have diluted us 3 times over but haven't, the likes of Paul Johnson would have gone straight for a placing so all those moaning about flogging plant need to think twice. I have my concerns over the compentency of AJ but sometimes even charlatans get lucky.

Notrex, it's time to stick or twist mate. No point keep going on about how you don't trust the board. God knows why anybody who doesn't trust the board is still here.