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No historic workings on BC and D (or very limited) so the soil samples are not contaminated by previous worked ground hence their rush to bang in some drilling in that area , C1p ...... said it was a hotspot but people ain't seeing it .... yet!
I am not very good with the christmassy stuff but very happy to raise a glass to Craig , he had a plan and it will play out , just takes a little time but he did a lot to push it forward this year regardless of how the sp is currently performing lol
Cheers Craig !
https://twitter.com/luckyorange1812/status/1473780540125990927
You take it well Trek , sell on news is the old adage except you are getting obvious in your dotage ;), good sport.
You reminded me of the warrants , Novum are doing a very poor job of ensuring their customers get to sell those warrants that they promised on their bucket shop raise ... maybe in time something will come along left field to surprise .. and please us all.... that would be a new one lol. We will have no idea what is going on with the warrants until late February but pretty sure you said something was missed off the last list ?
Equals: Balance under scheme(s) not yet issued/allotted at end of period:
26,000,000 ordinary shares in respect of the April 2020 warrants exercisable at 1 pence per share
32,190,748 ordinary shares in respect of the July 2020 warrants exercisable at 2.1 pence per share
11,200,000 ordinary shares in respect of the July 2018 options exercisable at 1.125 pence per share
Covers a hell of a lot and good information https://twitter.com/APathNotTaken/status/1473681067022376969
As for the narrow vein that is what Ballarat has built it's mine on and has done well with it in the past but something seems to have gone wrong there with Shen Yao in control of it and makes me wonder whether that is down to creative accounting , narrow vein is also what they want to target from a Creswick decline as previously explained by Craig, go in , mine it and then infill with the waste.
It would be preferable if Adam described it with the $ calculation as he did previously but maybe it is too early for that particular drilling campaign as nobody really knows outside the company at present.
Creswick is a bit of a conundrum at the moment as already stated by others , they have never baulked at giving out crap results and saying they are disappointing and fairly sure that they would be required to RNS them if they are really good , needs some explanation even if the person in the assay office ran off with the gold!
That is dirty trading in my book Trek , selling and then posting negative stuff but well done on the honesty . Doesn't have the impact it once had fortunately and when I saw it I thought they didn't drop it much so they are maybe filling an order.
I can see why you said that Armani someone selling a million shares on the news and then posting negative sentiment would suggest that , you don't do that do you Trek? Honest answer would be good.
There is no way that I can see of contacting them other than ringing the office , anyone know any different ?
Had they drilled from the East lol , anyway lots of specky gold in the drilling so they are onto something , not quite sure what that is where Adam comes in !
Had the drilled for the East* !
If you look at the map it shows the picture build up and the drilling west of the old mine workings had they drilled from the west the gold grades would probably have been higher but Adam needs to explain what it means overall whilst there is no CEO in the driving seat https://twitter.com/ecrminerals/status/1473673218779136002/photo/1 .
Also how do you contact them , I ain't ringing China or Australia ?
“As our search for a new CEO continues, our committee of directors, including myself, Trevor Davenport and Adam Jones continue to drive the business forward. I would also like to stress that we are all easily contactable should shareholders and investors have any queries during this transition period"
Anyone tried ? What would be good is if Adam translated this information to readies in the ground
Could be a few things holding it back Armani and it is frustrating .
Communication is one of them
It's as if there is an algorithm set to sell into any of the buys , some s/b companies have the algos set to go against the buy or sell.
CEO required.
I would expect Colin to at least be in regular communication with the company , not anyone with a risk aware attitude would keep throwing money at something they don't know the outcome of (unless of course they are Irish and it's a horse race).
BUT as I have said on the odd occasion , its not as if it is overvalued at the current sp .
vale = value
Gold could be a strategic tie up with someone who would advance the project which is quite normal , even had some regional gold players come to the site and confirm some of the work they have done.
It would mean CGO reducing their stake in the asset but that was the original plan anyway .
Should what they suspect is there be proven then what is the vale to CGO at i.e. 30% of the project on a free ride?
Take them some time penstock that is one big piece of machinery lol.
I did tweet them , https://twitter.com/luckyorange1812/status/1473221079166558208 @ecrminerals
where are those drilling results that were promised in the July rns and "before christmas" ones ? Look after your shareholders with communication please.
Esprey got cleared in a court case Charlie , end of.
jsmith , I think it is a good buy at this level , there is some churn from the recent placing but it doesn't want to drop under 6p at the moment as buyers jump on it , like the interview says there is a chance of 4-5 times current sp at the end of 2022 just on the coal , you could wait to see what is happening with the gold but would suggest it is low risk at the current sp.
Gazzle , Mali concerned me at the outset but with all of the big players there it seems there have been no real problems for 20 years (google time) , religious festivals and rainy season have slowed it down (may have been an excuse whilst waiting for cash ).
Zim don't seem to be interested in the coal but could have something to do with their 30% interest in the company so with the company putting in the hard graft they benefit anyway if it does well.
It was like a good cop bad cop interview lol. Great mapping out of the assets and by the end of 2022 it will be a different company, none of the 4 big Chinese companies own a coal mine in the area and wouldn't be surprised if at least one of them doesn't make and improved offtake offer, worth listening to again .