Member Info for dvharrison

Mcap is so tiny any decent news will transform the share price imo. Stonepark could be the catalyst.....

Hope old man Teeling hasn't forgotten that he 'promised' us an RNS ('within the next 10 days to 2 weeks' on 16 September) updating us on planned developments with our partner Group 11 at Stonepark. This week then....

RNS not showing on LSE site (as per usual!). The aussies seem to like it....

Burleigh, for someone not invested or interested in investing in ecr you certainly have a lot to say lol

Lupidog, there is no doubt in my mind that we have been continuously (and deliberately?) mislead by the BoD over the years. Sadly many LTHs underwater as a result. JP is the only one to financially benefit with large salary and bonus payments. Tsunami of cash indeed......

Not a chartist myself but Zac Mir (share talk 1 October) seems to think that there is a possibility of the share price hitting 2.8p by 'mid November'. That will do for starters....

I'm looking forward to the steady flow of drilling results from both Bailieston and CresWick. If they are as good as we are lead to believe they might be then I think we can wave goodbye to 2p.....

Lets not forget Eclipse too!

15 Sep RNS: 'It is now evident that the mineralised system at Eclipse is much larger than originally thought. Mineralisation at Eclipse Shaft may connect to the Jack's Dream area further to the NW, giving a total known strike length of the Eclipse system of some 500m, and the presence of multiple parallel mineralised structures has also been proven.'

Very helpful as always news...

The aussies were pretty quick to see the potential benefits of the arrangements when the market opened yesterday. Perhaps we'll play catch up at some stage.....

Lupi, JP said in the RNS of 16 July....."Currently, it is not believed that the conditions associated with LCCM's PEPR approval will have a significant effect on timing of planned production and the Company intends providing clarification on this at the beginning of August.''
Production now 'expected' next year? You just can't believe a word any of the BoD says....

Yep, i remember the interview back in December last year that hasn't really stood the test of time. Lets see how this one pans out in 6 months time....

Stonepark has always been the main reason for my investment here. If the next phase of exploration increases the (proven) zinc/lead resource then it won't be long before Group 11 / Glencore buy out our 23% interest in the project imo

£2M mcap provides plenty of scope for a significant rise in the share price near term imo

'Group Eleven intend to drill on the Stonepark licences in Q1 2022.' An RNS confirming this is expected any time (Teeling said RNS 10 days to 2 weeks on 16 Sept!)

'The future looks bright. We are going to continue our investment in gold and zinc exploration. We have adequate funds to meet current and expected exploration expenditure.' Lets hope so.......

cobre gave SML an opportunity, almost unique for a small cap mining company trading on AIM, to purchase and develop assets that would give shareholders both short and long term value. What have we done with that wonderful opportunity? Nothing! LCCM was a failed project but our esteemed Chairman believed otherwise when we made the purchase back in Jan 2018. Still no PEPR and still no finance nearly 4 years later! We have Redmoor, but in reading the RNS this week it looks like limited progress has been made and we're years away from production even if we can find the funds. Cobre is a finite resource and it will be a real struggle if we haven't got LCCM up and running by the time the magnetite is exhausted. The BoD certainly think JP is delivering for the company and for shareholders as he was awarded a nice bonus last year despite crashing the share price during the period in question as well as being duped by our 'friend' Brenda. Would a new Chairman and/or CEO help?

Good to see our £20k buyer is still keen to purchase shares....

Agree MP, could be very decent purchases. Waited for the early morning froth to abate and added a few more as way too cheap imo given the assets we own (and money in the bank after placing at 2.3p with warrants at 4.4p!). Particularly looking forward to Arya....

Looks like the Aussies were more impressed by the RNS than the brits lol

'These guys know what they are doing re the copper asset in Aus'

Justdandy, just remind me when we purchased LCCM? (25 Jan 2018 to save you some time!). Yep, the BoD certainly knows how to monitise an 'asset' lol

Bubble, you need to pass round your rose tinted specs lol. Lupidog is right in that the SP is going nowhere until we hear about the award of the LCCM PEPR AND that we have secured the $10m AUS funding to enable us to get into production. Of course there is scepticism regarding LCCM because of its, let's say, chequered history. I'm looking forward to hearing how JP is going to raise this considerable sum of money (big city finance background helps!?)