Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
LW it has been mentioned, granted not as brashly as CB, and seemed to echo the administrative issues faced by having outstanding licences stuck at "application" status.
I have nothing but time here, but I think by Christmas we will be pushing toward the 2p mark.
We are following the gold price in our price movement, once the Americans release the real CPI and inflation sky rockets, gold is hitting new highs and we can start to move forward
Hold on let's get this straight.......BCB you are suggesting that Craig's JV was centred around Blue Moon and not Creswick, even though he said that Baillieston was ours and JV not up for discussion?
He also stated that pending licences around Creswick (administrative or legalities to paraphrase) needed clearing up first.
Blue moon has certainly been my idea for a long time in ECR but I'm not letting that post go unchallenged.
Answers on a postcard boys and girls, but until an RNS confirms JV at any of our Baillieston licences, it's dangerous to ramp otherwise
Tang Question - Response purposely avoided. As was expected and as rightly so shouldn't be answered on a public forum. The team are publicly are united. Whatever is happening is going on in the background, will remain, but the question of Tang has been brought to their attention, and I feel will be discussed.
Share Price Question - Everything that can be done is being done and that's all that they can do. The lack of a reply regards to seller(s) specifically, suggests its not in their control and it is what it is. Just accept that the work is going on in the background.
Fundamentally if you feel this will turn around stay invested.
If you don't and think you are being mugged of, close the door on your way out, it's getting rather chilly now.
Bottomsup
For HR3 it certainly was know as was HR4 was posted a couple times.
With regards to Blue Moon however, I think they are twinning the first 2 holes because its as close to 100% certain of a bonanza strike as they can get and is more a business decision to spark some life into this thing.
They already have the 'heat source' map to associate an extension so if the price was better I don't think they would bother with the first twinning.
It's of course open to debate but I think AH has done well there
Well ffs guys what more do you want......if your no happy go lol surely that will help u sleep at night
Full of complaints but do nothing. "Well Andrew will just say...." full of excuses, we are mostly down here because of our own actions.....get over it and move on
Yet you can't seem to answer 2 perfectly acceptable questions as to what your are doing as an individual to elicit change and result to mid slinging.
The fact of the matter is, even if everyone on the bulletin board were to join your venture here, we would collectively struggle to get more than 5% of the shareholding.
We are small potatoes and that is probably what hurts the most, is youre not happy and can't do anything about it - and result to crying about it instead of doing something
The chair doesn't necessarily have the power to stop a CEO unless they have sufficient support from the majority of holders. If the information was true st the time of publishing why shouldn't he say it.
Things change, for me I blame the Victoria resources administrator, but if Tang is the scapegoat now Craig is dead, fine. it still points to you not believing in the company, if others and i, are heads in the sand.
Have you asked the company officially to find out how may shareholders are required to hold a vote of no confidence? Have you done anything to even find out what % of the shareholders share the same view as you?
If not its just shouting at a computer screen to make you feel better
The guy who pumped the JV is dead.......what more can you ask really. At the time of his death the bulletin board wanted him gone anyway including myself
I bought in and and rolled my dice, so instead of blaming everyone and making accusation I accept it was myself alone who hit the buy button.
As far as the BoD are concerned, they answered all the questions I was interested in hearing.
There is no positive spin you can put on a "premeditated" seller, just ride the storm and see where the land lays when we get a TR1 (assumptions of course)
Answer me this......does the share price suddenly stop the drill turning? does it change asset sales to fund future projects?
If the answer is yes to either of those ill consider this dead
So is it safe to assume if the BoD keep shut about Tang, it's because he isn't going anywhere? Or is it because they are doing a deal to get him out and can't disclose it?
No one was crying for his head at 4.4p but the Chinese dumping (if it is) could have something to do with Tang getting ousted......wen they dry up the price rises?
The Craig era died with him. We could be paying the price for it in the market price.....doesn't mean the company is dead.....just not moving fast enough for people who want to feel good about their minus values
By all means drop the price, it doesn't really matter until you hit the trade button
Because virtually every question that is being asked is price sensitive and the BoD can answer.
They know exactly who the seller(s) are and may one may not no the reason....however it means very little.
God, AS went out on a limb telling us we were is a close period.
Look, the reality is if you are sitting on an average of 3p+ it's very unlikely you will see a return on investment here any time soon. We have far too many share in issue in comparison to where we were the last 3p. Its called getting spiked. I feel for it I'm just lucky I got average down.
This share is about managing expectations and expecting this to drop to 0.45p or less til the seller stops.
No amount of twitter or flannel from market spectators will change that, let's hope that the list of positives many have posted materialise
Yet most of the doom and gloom comes from folk who blame the management and offer no solutions to them.....go figure.
There is little that can be done by the ECR team to stop this "attack" on the share price......you just have to accept this prices and accept the BoD are doing what they can.
The alternative - SELL (it there is even anything in the share account to sell) do us a favour and crash the price......would certainly do me a favour.
Is it a buy? That depends on your risk parameters....if you want stable go invest in a blue chip with dividends
It's not manipulation though......
......there is someone or someone's consistently selling and no one is buying enough to compensate so price goes down. Just highlighted more on low volume
Market makers never lose, investors more often than not.
If you invest what you can afford to lose it should be so doom and gloom
See to be fair to AH I think its a genius move "twinning" the first two holes at Blue Moon...... I doubt highly they were phantom strikes so from an SP perspective, "validation" will see a bit of movement in the right direction.
The only reason we are down here is because there is a consistent seller into low volume. Make no bones about it, big volume will see this rebound very quickly and hopefully absorb the last of their shares.
The Chinese does seem to be logical, however I'm a bit suspect as to why no TR1. Answers on a postcard
The concern is the holes might be drilled by end of year, but, will the early results be sandbagged til final result is in? Releasing as a project instead of individual?
It has happened before, I don't have much faith in JT at the best of times but even I know this isn't on him. We are the minority partner, all we can do is swing on the coat tails and hope we do don't drift further waiting without other asset news.
Granted, I think we are all her for Irish Zinc more than the other dilutions requirements haha