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Just as the down days have no reasoning. There will be a spree of up days that might not coincide with news, don't let human psychology make you one of the sell at a low buy at a high type. It's easy to do the opposite of what you know you should do, if not careful to keep emotions in check. Good times will come, and soon.
I'm buying more. So much confidence in the team here. Most aim companies neve make a penny. In fact most aim companies are run for a group of slimy fat cats to earn 6 figures with zero intention for the company to succeed, infact with the full knowledge they will fold within a few years. Echo being run for the shareholders from the beginning.
All have the same result and RNS as today, No stimulation required, Gas at surface etc. i wonder what the SP will be .... even before full testing. And in that case the probability would be extremely high that at least one/some of them will be production level.
Moving as expected. Nice to see it on its way now. Will be looking to add more now we're on the way to 20 plus, regardless of drill results. If drill comes in and we get even a hint of production quality levels, this will spike hugely. The good thing here is there's nothing holding the price back, e.g many AIM companies management are a liability, or there's so many shares in circulation value will never be seen b cause the Mcap is high even at a low SP. etc etc. Echo has none of these problems, and one of the strongest most trustworthy and proven management teams currently on AIM.
It's about right. We had a long pause where stuff was being worked out in the background without much serious material need to release. Now we are entering the working phase where SP usually makes a large spike in the anticipation period. As it draws closer to drills and news flow starts to increase many traders move in knowing with the constant news flow, there is enough ammunition to keep driving the SP. I predict around the 20-25p area in the coming weeks / months and then it all depends on results. But we can safely say it will be double from here even without results in IMO.
I played quake 3 to a semi professional level in my late teens, going to paid LANS and the biggest prize pool was $5000. Just ten years later look at the prize pools for the biggest majors of the year. https://www.esportsearnings.com/tournaments Prize pool for DOTA 2 "The International" 24 million! Hot money is moving into Esports at a rate not seen since the beginnings of the internet. It Gfin can capitalise on it and be bought out at Mid-cap that would be a tremendous achievement. Ofcourse holding blizzard, take-two and Tencent would also be advised.
Market response today, but I expect it to be one of those 5% rise per day in the following days after the RNS, type of reactions. I don't care really as ill wait it out until the market gives a proper valuation of the company.
This made an easy run to 3 with hardly any resistance. As said already the action will be one sided as its not a traders share and most people in will not be selling until a good 50%+ minimum. So we should easily see upper 2's soon.
Compare that RNS to a company like prem, who for years have had problem after problem getting a mine to even work. Great job really gaining confidence in the BOD. amazing work so far. Should see nice SP movement this morning. Everything not just on track but exceeding timeframes and expectations.