Member Info for djwall1s

Same trolls are on ADVFN bb 'warning' and worrying about drops, as if people don't understand how the market, and warrants, Then we have leroy on Twitter suddenly appearing in bash mode.

It's as usual a very transparent and quite comical attempt by a little club. They look to be a small and fairly quiet team atm, maybe 2 people but no more than 4, and who can only talk about sp drops, because that's about the worst they can latch onto. Old timers round the bbs recognise these coordinated squads a mile away.

TS, thanks for that. Yes I've looked at both websites. What was curious to me is if Blue Moon seemed viable why not just prove that up. But then the company may not have had the funds at the time and we're in initial exploratory phase so could afford to put it on ice for a while.

What I noticed about the Metcator website in terms of the new license apps, was the table of contents vs timescale for each app. Some look to be between 1-5 years but more seem to adopt language with bullet-points, and fast-track language. At least to my interpretation. I don't know if this is meaningless or gives an idea as to which areas are worth persuing first, but I thought that was interesting.

Well as I say, GGP is way further along the curve than ECR. They've gotten over their pain barrier of having a significant discovery, and getting a major on board to develop it. It's very early days here. But very good early days, I might add. I just think you have to temper the fact that despite the potential of the prospects, the geology advantage and the safe location, ECR is pretty much hope atm. I'm well aware of that and am happy to take that chance. But GGP is in a much safer, if a bit more plodding position. It's passed the honeymoon period and is settling into routine married life. Whereas ECR is still in that new phase where explosive chemistry, of the kind GGP had with Hav, is yet to fully occur. The find at Blue Moon was downplayed and the first time they seem to have even mentioned it in 2 years was last week. Though correct me if I'm wrong. The last presentation on ECR's website was in 2019, there's nothing for 2020.

So I think it very prudent to hang onto GGP. I have with mine, though far less than I have here. I think GGP is a fantastic example of a once frustrating (but always exciting) tiddler that has hit the big time. I sincerely hope ECR can achieve the same and wish all holders best of luck. It is certainly a fantastic opportunity in terms of potential. There are just those tiny niggles I have about the other assets (I might be doing them a disservice, but I'd offload everything but Victoria and focus squarely on that). And the lack of updates to the main website. Plus what exactly they've been undertaking at Blue Moon all this time. Other than those issues, which may well have easy answers, it's all good. Just a waiting game. If results are worthy I'm prepared to be here for up to 3 years.

While I'm thinking on it, does anyone know when the results of the license applications are to be announced? I can't seem to find anything concrete.

C0ck a snook, that should be, sorry, fatfingers.

I'd keep an initial stake in GGP ring fenced, purely because it's made it. It's made it through the toughest times of a junior minor, and is on its way to being a FTSE company imo. A thing that ECR are nowhere, nowhere near.

Yet the opportunities for ECR to follow that path and do it far quicker than GGP are all there. And I do think it'll take a lot less time to decipher Victoria than GGP did with Haveiron. They spent a ton of time initially chasing Ernest Giles in the middle of nowhere - a massive place, operational in limited seasonal windows, and with then limited resources, before Hav came onto their radar. ECR's total Australia focus on Victoria's user friendly goldfields is going to be a dream scenario for investors in terms of logistics, barring natural disasters like wildfires or pandemic related shutdowns. But I would never **** a snoop at a company (GGP) that has become a doer rather than just a be-er.

ECR hold vast potential but atm that's all it is. And I speak as someone who now holds more shares in this than anything else I own. Hoping for the best but it's always sensible to have a Plan B.

They had a discovery in May 2019 called Blue Moon but pretty quiet since afaics. There was a tad of updated info on the recents comms and interview about it. Looks as if they're keen to return there but I get the sense of a pretty packed schedule with lots to go at. Maybe other areas now seem more prospective? But you can find the discovery RNS from May 2019 on here.

Muffins post history from yesterday on another bb:

"Smithy isn't happy with again today.
She doesn't like what I posted on her ECR billboard"

'Her' ECR billboard. Not much concern for your own share then. Just here to cause bother. Oof. Into a green coffin you go young muffin. Let peaceful calm reign again and discusssions of the company to continue.

And by 'you people' I mean the muffiny one who likes to think out loud, lol! :D

Muffins, it's a miner, it's going to take time. You're not going to get instant riches when you snap your fingers. These shares will go up and down all year. Go and look at the GGP chart to cheer yourself up.

It's only 'worrying' if you've spent all day not paying attention to the head guy of the company and failing to read the posts back here, one of which explains the drop.

If you're just trading this you'll naturally continue to **** your pants any time the sp falls. I just can't with you people. Give me patient holders with longer term common sense any day!

Creswick Gold Project

MGA is also keen to follow up on previous drilling results at Creswick, where individual samples returned assays as high as 80.97 g/t gold over one metre (announced on 5 November 2019). Drill sites have been determined and approval has been received from the relevant government authorities. . In Q4 2020, MGA completed a soil geochemistry survey of the Jackass Reef prospect at Creswick, the results of which will be of significant value for drill targeting in that area at the appropriate time.

From today's RNS. Impressive stuff.

Courtesy of dickiedosh1. Main points noted from CB's new interview:

#ecr Proactive Interview
- Blue moon 'substantial'
- Expenditure 'running off a shoestring' - not paying consultants or substantial money at all in the UK (only two employees), spending the money putting holes in the ground
- 8 license applications for more territory
- 'Serious interest on the table' from JV partners, 'people who want to do a deal', but it has to be 'the right deal' and 'might be worth drilling more holes' to 'increase the price'
- Shengyang holders comment: 'should have another £1.1M coming in from 2p warrants', but 'no shortage of cash'
- 'This is only the start' (for the SP and company) - two great geologists understanding and positive about the mineralizations
- Could easily get another drill rig in 6 months as well as their own laboratory for more informed drilling results, internal results allow minor/major changes in drilling tests

Thanks to DD. A nice summary.

I wouldn't imagine there to be a JV announcement this early. Blue Moon was a beauty but any partner would likely want proof of more before fully committing. That said, there seems to be serious confidence out there and of course the geology teams will have long since decided the choiciest picks of pie. So we may hear sooner or later. It really matters not to me as this is a 2-3 year hold to obtain maximum value and enjoy the journey.

|Well, the statement about no guarantees for a JV is absolutely standard to any JV announcement. We've all no doubt seen that language used before and it's a formality.

But even if a JV doesn't occur atm it doesn't preclude a future one or ECR having another discovery off their own bat. 'You build it and they will come,' is the motto. ;)

I remember when there was allsorts of talk flooding social media and these boards about several majors interested in GGP's Ernest Giles prospect back in the day, Newmont and crest, Rio, BHP, and that came to sweet FA. But a JV happened on a completely separate prospect of their's at a later date. With I think caught some off guard.

So, we'll see. There's a lot of work to do first and what we need is a good find. Even a JV is not a precursor to a successful find. I'd much rather have a good find, lol!

I think it's something to do with keeping shareholders in the loop and giving them a timeline of events to work towards and look forward to rather than leaving them in the dark, waiting weeks and then scratching their stupid heads going, 'dud, why do we hear nothing about Haneti.'

You know, little things like that.

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encourage shareholders and potential investors to visit the recently created Mercator Gold website for the latest news on the Victoria Gold Portfolio #Creswick #Bailieston #Tambo
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12:45 pm · 11 Jan 2021·Buffer

VELA made a massive own goal imo if they did indeed sell their ARGO holding, as the rather terse alleged e-mail seemed to indicate. They hung onto what look to me like some real dead wood too, especially in comparison to what they've seemingly jettisoned. Bit silly, but can't win 'em all and needs must, etc. Some of their investments are very good and/or have more future promise., namely Mode, St Georges and WeShop. Their website could do with a freshen up/bit more oomph as well but on the whole they look to be on the right track.

But I'll bet they're kicking themselves this last week or so.

That was a quick TURNAROUND, they certainly seem serious. Well done GCM!

Arg will open at £1.04, £5, swiftly go to £10, flatline, drop and also rise. Bitcoin will fall back and go up.

Lol, just listen to yourselves, you're losing your minds. Just wait and see, the market will dictate, not our guesses.

Paying 4's ain't so bad when you consider the 20p-80p target.

I never understand why people quibble over fractions of pennies, etc. If I'd have been more patient for a year with GGP when I held millions I'd not be sat here working at a desk still.

So being a physical mining company means it has a loophole away from the FCA ruling? That's helpful. Thanks.

I would imagine a UK u-turn at some point, given the way this is going.