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Two sixteen thousand sells today so far holding up well

With the financial state of the worlds economy after the Corona virus hopefully ends where is the best place to put your money?
If it is true what forecasters are saying then gold will be substantially higher than it is today.
So any mining company that invests in ECR now will be able to get it considerably lower than months down the line if that is the case.

My money is on Newmont being one of the three interested parties

It seems the further down you mine the better the results as experienced at the Fosterville mine.
Their grades this year are 87% higher than they were when the mine opened in 2005.
This is due to the depth they are mining in some places down to 127m depth.
I think we have drilled on some of our exploration down to 47Metres.
Victoria revealed that there is about $500,000,000,000 worth of gold still to be recovered. Some of this not being commercially recoverable.

Possible suitors for JV with ECR
Newmont who have interests in the following mines Jundee, Finiston, and Boddington.
Greatland also tied up with Newcrest at Havieron
Newcrest who have interests in the Telfer mine
Each would have the financial muscle to invest in ECR

Interesting theory.

Another 10,000 sell gone through! Why would you? with this news

I wonder how long the placees will keep there shares.?
Just asking

I wonder who the placees were in the raise?

Offering 78 to sell

As the article was written on the 7th April 2020 and the RNS raising £500,000 was on the 6th April 2020.
Maybe there was a crossover.
Mind you i still think we have to look at cash burn

I assume we would get another refund of research and development costs for the financial year ending 30th September 2020.

It is about time we started manufacturing our own drugs as we are too dependant on supplies from overseas. If they run out where do we source them from. This Corona virus has shown us why we need to do exactly that. We have some of the best scientists in the world at our disposal and we all need to start buying British whatever the products. Although our manufactured goods are more expensive than those from China they are better made and last longer. Our dairy and meat products are probably the best in the world.
Rant over

Would like to see some deals to raise the money

Was offering 60 to sell now NT
Could see the usual sell when this goes up

Some buys on the London Stock exchange @ 66 and 69 showing up 28.57%

The following trades were made today according to the London stock exchange which have not shown up on here
11.24 388,477 £1,989.00 0.51
12.04 96,097 £492.28 0.51
15.06. 17,416 £94.05 0.54
15.23 203,292 £1,097,78 0.54
15.36. 275,229 £1,500.00. 0.55
All sales Plus 9% on the day

After the virus has gone there will still be gold in the ground nothing has changed on that front.
However Australian gold prices have hit a seven year high of $2,746.32 per ounce and explains why there are so many
interested parties getting involved with explorers

See ECR busy on twitter today.
Nothing that we do not already know though

Many companies today have recovered some of their losses incurred over the past few days. Long may it continue