Member Info for LeFlic17

CB mentions 'legal and licence' issues to be resolved re JV. The Creswick exploration licence EL006184 which was transferred to ECR in April 2018 FOC expires on December 28th this year. Does anyone know what means - i.e. is the licence renewable by the current owner or does it go on to the open market? ECR have an application in for New Creswick EL006713 which adjoins the existing area.

Thanks Gino - pretty much as I deduced. Seeing some of the ill informed speculation here I wondered if anyone else looked further and deeper and if they did was interested in views. I also expected some response sooner! Thanks.

Glittertip - I’m in far too long and far too deep - that is a result of belief of course however It’s not blind faith - I continue to research and question and look to reassure myself I stand a chance of hitting my targets.

I've been taking a look at CB's and DT's track records at Kryso and CNGL also looked at Westrock resources. I've not come across anything that suggests their past performance for shareholders in previous enterprises indicate that the dreams and aspirations of many here might be met. I would appreciate the views of anyone else who has done similar research or has personal experience. Don't misunderstand me I have a lot of confidence in CB/ECR hence my investment but I would rather look for more evidence supporting my faith than to idly speculate on what may happen.

As it is legal paperwork I suggest it's quite clear why the parties can't and wouldn't name each other at this point.

Tomorrow is fill your boots Friday- last chance at these prices for a very, very long time.

Thanks TS and Gino - wise words as ever.
BTW I’ve heard good news weeks start with a Monday the 15th!!

Gino At what MCAP does ECR cease to be 'much undervalued' as it is often lauded ?

Tamerinvestor - I've learnt on this BB if you are going to say something you must say it over and over and over again LOL

its back up

its back up

it is still down! You don't take a website down to update it - however big the update. I'm waiting for a reply form ECR as to why the website is off air.

Wow Blanka, 9 years! I assume you've managed to average down over that time. I admire your patience! I too hope and believe the next 6 months will be good. Big respect - I am claerly a newbie....
GLA

Some fair points guys, thanks. Where I am coming from is I have a substantial holding built up over the last 14 months. ECR is now the biggest investment in my portfolio. I very confident of the potential and fairly confident with the way it is being managed. ECR needs to catch the eye of instutions to invest - hence the appointment of Novum. Any new potential investor doing research will not wish to see the constant recycling, as has been a trait, on twitter for ages or poorly maintained webistes - thats called poor marketing. It costs next to nothing keep a website up to date nor to create good interactive social media communication. If I as a convinced investor raise questions about ECR's marketing and communication institiutions looking to buy in a big way certainly will.

TS I was referring to the ECR Minerals website which is really out of date. Mercatorgold has not replaced the main website, it is the responsibility of ECR to maintain their website , the information there is not helpful to anyone looking to invest.

I'm not sure what the point of recycling old news is. this and a similar one for bailieston has been regurgetated numerous time on Twitter. This is about 8 months old. I'd much prefer ECR got their website up todate. If they must tweet something give us real news.

It is Novum's responsibility to bring in larger investors, that is why they were appointed a week ago. Give them time. Folk need to be patient and we need less of the unsupported speculation that keeps appearing on the BB.

I believe Gino posted this link recently but for those who didn't see it and don't look at the Mercator website (why don't they???) here are the licences applied for with full details on each https://mercatorgold.com.au/licence-applications/

I wondered about this Harry. I concluded that the gold price is not being surprssed like silver is (was). I don't think it would be helpful long term and would cause a lot of disruption in the short term.

Lot of short term traders taking profit from last week today. Tomorrow will be interesting.

Tomorrow will be interesting. Lots of buying today but wo would take the subscription offer tomorrow if it is higher than the share price? https://www.thetimes.co.uk/article/city-critics-wont-dance-as-music-royalty-fund-hipgnosis-calls-the-tune-t3tmvwt3b