Member Info for FillToSpill

F' it im holding for £1... :-) Why not..

A new close up photo of the 7m drill core on Twitter today with some markings on the core.. Is there something of interest here..

Agree, we will only see visible gold over 40g/t which I think will happen as they drill deeper. These Twitter updates could prove to be exciting.
The photos so far look to be at 1.5m and then 7m so very shallow at the moment hence looks like clay rather than pressurized rock. I'm sure they are much further on with drilling but info released will likely lag.
I will try not to zoom in and get the magnifying glass out every time core sample photos are tweeted.

Will need to watch the interview again as cant remember if Craig was talking about $ or £ costs. If it was $10-12k a hole then obviously costs in £ reduced.

Another great interview yesterday. Very exciting as usual an all heading in the right direction. If we can prove any sort of Fosterville style mine at Bailieston then we will all be very well rewarded. (Never mind Creswick) and the additional reefs they are looking at.

Craig noted in the interview that a contractor drill hole will cost circa, £10-12k. He did not say what depth but assume he is referring to our HR3 drill holes therefore 200mm depth.

My thought are that as this is our own rig which will be used continuous, we will be able to drill a 200m deep hole for £7k. That's £35 per metre.

I would expect that 60,000m drill is required to prove up something really meaningful therefore £35 x 60000 = £2.1m. Or 100000m of drill £3.5m

Therefore, any dilution will be very minimal from here. By the time we have drilled 60-100k metres the value should be alot higher. Any dilution at this stage for corporate items, further drilling or even mine development will be at higher SP and less dilutive. (assuming we find what we are looing for)

Looking forward to the drill results streaming in over the coming weeks/months and potential use of second rig.

As many have said on here before. Creswick Jv could see us at 10p+..

What will seriously light the touch paper is drilling at Baelieston and further reference to the Fosterville mine. If we start showing further correlation to this and proving high grade below 100m then the SP will seriously take off.. The Fosterville mine currently making circa. £800m per year PROFIT.

We need a drill core with visible gold, high grade lengthy intercepts and in more than one location. then kaboom.

Creswick may also be drilled at same time through Jv, proving up millions of OZ..

Great info TS, thanks for sharing.. Always worth exploring any potential hidden pitfalls.

PS my absolute (im selling the.lot if it gets to the price) just keeps going higher and higher. In reality drop dead sale price still in the air depending on developments and i expect a lot higher than current SP..

An interesting question Trek and i have pondered this but don't know the answer..

What kind of influence on the company do they have (if any).. If this chinese company has some kind of controlling interest then i will be concerned.. But simply don't know the answer..

Have to agree with Tamer here.. Possibly the charts do work for some of you on AIM but the valuations and trade volumes are too low for true charting imo.. Its very much fundamentals driven.. Zak Mir always changes his price target after a move and basically states the obvious but then relates it back to a chart. Never tried it on AIM so who knows.

For me charting is for Fx, commodities and indices etc.. The shear volume and macro economics provide true emotional and impulsive trade patterns created by the masses..

The bands and rsi ect all look to work until it needs readjusted when a price sensitive rns lands..

All to their own of course..

Agreed the JAY Jv not ideal but even at that their market cap is currently £120 which is circa. 6x ECR current market cap.. I would take a poor jv deal and sp 18p right now.. Not to mention Bailieston and Tambo... At £20 mc and other assets the market is almost pricing in no jv at all imo..

* Dimmick's Main Shale...

One of Craigs older interviews he stated the nuggets at Creswick are sitting down at about 60m wirhthedimiks main shale. It sounded like this was continous and the shale runs for 7km within our license. Newmont wouldnt be interested unless this was potential multi million oz..

Its just jumped to 2.9 - 3.05p..

Yep, Craig does seem keen to go it alone on Bailieston and I would back whatever the decision. However, I think he did also say that if the right offer came along that can't be refused then they would reassess.

But agreed, it appears the plan at moment ids to go it alone.

Yes, Creswick JV then Baileston JV to follow I reckon. Tambo sitting there with great potential and to avoid ECR becoming a AIM Rule 15 company.

If we get a $30-40million JV on Creswick then similar or a bit less at Bailieston then Rodney and Craig can have some fun chasing the gold up at Tambo whilst majors find the motherload.

Rodney Boucher grew up around Tambo and knows the area well. Used to speculate with his father (according to Craig interview) but soon he'll be let loose with a diamond rig to start drilling holes.

Agreed, these results look fantastic for the first pass.

Correct me if i'm wrong but 31m at 3.06 g/t from 69m must be close to commercial grades and size already.

31m x ?? width x ??? length and there could be something to go at there.

Moj, any chance you could re-post it as I never got a chance to see it before it got pulled down? :-)

Price is creeping up slowly and looks strong.

Company progress catching up with expectations and sentiment. This should be fun to watch in the coming weeks/months.

Ok well Craig's good at that as well then. Top man. ;-)

Bargain!

Just had a chance to listen to the interview. My overwhelming thoughts are that Craig has this well under control and knows exactly what needs to be done.

He didn't say it but you can tell he already thinks Blue Moon to be a substantial discovery which needs to be proved up and he is expecting Cherry tree and perhaps one of the other prospects to be the same. Yet again he makes reference to Fosterville mine when talking about Bailiston, if we prove up anything near that on any of these projects then the numbers are eye watering. Blue Moon and Black Cat some great results already at under 100m depths. Chase the system and drill deeper as it dips west at Blue Moon and Bingo. Very predictable as the gold sitting in sandstone therefore not complicated folded quartz veins or reefs to map.

Creswick speaks for itself, big JV inbound.

Tambo, another super land grab by ECR and the logic behind the transaction sounds similar to the Bailiston acquisition.

Sitting on my hands waiting for this to all unfold ;