Member Info for luckyorange

Scroll down https://twitter.com/APathNotTaken/status/1467837492166594564

It seems that it is a sell day in the markets (or a buy one depending on your perspective). Is everyone out that wants to be out ?

They always do the leach assays followed by fire assays Tamer , I don't think they are delaying the core results as it is well known all of the delays at assay offices . Be nice if they are waiting to report them in batches rather than as they arrive though... there is a backlog of the Bailieston ones too " Gold assay are pending for these drillholes (BH3DD010 and BH3DD011) and whilst the XRF results can not be relied upon, we are anticipating good results."

Hi Trek, with Creswick and the talk some time ago on JV's there was an interview where Craig was sort of reluctant to go back in on the drilling to prove the point and saying if they ain't interested in Bailieston we will do it on our own .
It does seem as if they are at that point and the soil sampling will show other areas of interest.

Don't forget the Creswick property hive of activity and their intention to run the new drill on there with the RC , chances are that they will find gold lower down on the historic workings there and of course it has been highlighted for the decline and start of mine with the 003 shoot not far away.

It will all unravel given time (in a positive way hopefully) and those opportunities to earn/bring in cash in the short term (Craigs interview) may soon become apparent.

I suppose that is a fairish comment gabrial and trek does seem to be calling it up and down like a yo yo (psychology play!), best say nothing on your 'trades ' Trek , not really reading the room. Must admit I did remember you buying around 1.40 so I did check which is unusual for me on other posters.

"RE: Lack of communication is a disgrace19 Nov 2021 10:36
You are spot in legal pointing out that the difference between the paid employees and Neds.

Anyways I grabbed a few at 1.4125. Sold PUR, ouch! Following the money here and will buy more if it drops.

This is seriously in hostile bid territory now. Drills and postcode. There’d be a few there sniffing our assets even a drilling contractor that could sell the rest on.

Let’s hope it doesn’t come to that but my point is the bounce off 1.3 suggests an asset basement.

I am now at 1.49! Not bad from well over 3p!

Usual caveats

Trek "

My reason for posting the Creswick thread is to remind those hurting that there is light at the end of the tunnel and although there is risk there is upside potential that has already been identified in the shoots and Creswick property and they are currently drilling at Bailieston and in some ways seem on the cusp of identifying a resource.. a few more of the shoots and they will be there.

Bailieston .... meant to link it in , Mercator description of the area

The Bailieston project is targeting epizonal or epithermal gold mineralisation of the Melbourne Zone, which hosts successful modern gold mines including the world-class Fosterville gold mine owned by Kirkland Lake Gold.
The Bailieston project is at the epicentre of the current gold exploration boom in Victoria, being located close to the highly successful Fosterville mine owned by Kirkland Lake Gold. This point is underlined by the arrival of Newmont Exploration in the district with an application for ground immediately to the north of the Black Cat prospect.

Bailieston is located approximately 150km north of the Victorian state capital Melbourne, with good road access. The project is located geologically within the major orogenic Lachlan Fold Belt (LFB). The LFB is subdivided into zones, based on distinct geological and metallurgical characteristics, with the Bailieston project lying to the east, within the Melbourne Zone.

The project area consists of Siluro-Devonian sediments intruded by Devonian granite stocks. Mineralisation is hosted by vein or stockwork structures, typically within anticlinal trap structures within the sediments.

The Bailieston area has a modest historical production history from alluvial and vein quartz mines.

https://www.youtube.com/watch?v=zmnzBC3Szrw One that is linked in the presentation and solely based on the area that ECR is in (not about ECR ) i.e. orogenic gold , Lachlan fold , importance of finding other minerals within the area, not a long listen but it is interesting and if you have listened to Craig and Adam on previous interviews you will recognise quite a few things.

Not quite sure what you are getting at with it Trek , are you speculating ?
Link to the Adam interview on it in July https://twitter.com/ecrminerals/status/1418505448387489792 ~Latest #Creswick #drilling results & DMS 'shoots' "potentially $20m sitting in these little blocks"
~New multi purpose RC & diamond rig
~Ballarat #gold mine similarities

In it when he discusses a 'shoot' he says some of them historically are 100m x 100m hence the 5 mill , 10 mill, 20 mill comments.
For those that don't quite get it Imagine a shoot as a chimney so what seems like a very small 'width' can translate to many tons with gold in . As others have mentioned (as well as Craig in the past) they are drilling diagonally through the chimney and getting those high grades that will probably be consistent in the chimney top to bottom as with Ballarat which is the type of mine that focusses on the shoots and does very well .

WHITE PAPER on the VICTORIA GOLDFIELDS: Two Paradigms (so far)
?
“the brownfields can contain blind worldclass deposits” Ross Cayley, GSV https://www.rrrplc.com/wp-content/uploads/2020/06/RRA_White_Paper_Victoria_Goldfields_20200609.pdf Please read this there is a lot of easy to read information in it and if you are putting your hard earned in you should really understand why it is exciting.

Why the mentions of Ballarat , Bendigo and Fosterville , Well, the Dimmocks main shale is right in the middle of it all (Creswick) ... and ECR are working hard on it, have a property on it and it is just a matter of time .

They will have been clearing the ground at the Creswick property and as he said in the interview they will be processing all of the soil on it to sift out the gold , when they did the soil sampling there I do wonder if that is where Adam picked up some small nuggets.

Keep it all moving ECR team , you will get there!

A lot of the criticisms on here i.e. the saving on staff accommodation was costing 2k+ a week and would have doubled due to the summer season and lockdown , annual cost as it was would have been in excess of 100k , property 450k doesn't take much working out why the decision was made.
It is good to watch Craig as he explains the future , hasn't all happened yet but with the recent Danglay news it should tell people that he knew about things in advance (rightly so being the CEO) and when he was talking about /mentioning something on an interview it is because he knew or has planned what happens next .
Sometimes I wonder (with the comments on here) whether people have actually listened to the interviews or totally forget what the plans are.

September interview https://twitter.com/Share_Talk/status/1443613392455954432 listen to it and you will get a handle on exactly what is happening with Bailieston and Creswick.
Couple of things , soil sampling at Creswick going on (all done at Bailieston) Kristy is Chief Geologist and the new rig is a better option due to the forestry on Creswick and the need to get permission to cut back trees which causes delays.

Listen to it again .

With Creswick they are doing exactly what Craig said they would do in one of his final interviews , they are following the plan pure and simple, the only thing they have changed is that he was talking about a small RC drill on the Creswick property they will be using the new drill (probably).
Focus on Bailieston to produce a resource.

I must admit that I was thinking that maybe he had overstretched himself on a spreadbet and it was him dumping the big no.s on low volume to cover the bet, obviously not , let's hope the selling comes to an end now , if so it should move back up quickly to where it should be .

Maybe he does contribute to this board but you don't listen Legalwolf?

How fortuitous and timely for those 2 x 1 million buys after 4 pm yesterday , almost as if they had a crystal ball .

You may think so cash but there is plenty of time and opportunity for the dissenters to turn it into a negative ... let's see ;-)

If you don't own any Melville it is wrong for you to sit here and keep calling it over / down , I'm pretty sure if you were still invested here you would tell others to eff off doing similar, give it a break eh!
The others who have sold are not doing similar why would you?
I don't like the sell off but it does have the feel of a distressed seller , once it stops then the sp goes up.

Not only Novum Gabrial it is all of the bucket shop brokers that operate within AIM , they all try to change their spots but their MO of fleecing the market by whatever means are available never changes. I will name a few others that should be on everyones list ..... SP Angel , Riverfort Global, Lanstead and Berenberg mm's , they all do what they like when they like and that is what is wrong with AIM .
There is only AIM regs that can and should do anything about it , but they don't !

They will relax more if they hit more shoots on the Maori anticline .... takes the pressure off a bit .
I assume the Creswick property will have been dug with picks and spades RC drill will quickly show what's happening there.

" Craig had a huge passion for the company and we have that passion here ourselves"
" Good stibnite , antimony and arsenic on the structure holes 10 and 11, don't assay for it but shows up on the xRF" (Bailieston). "More drilling and trying to get a resource going on the Maori anticline "
Bailieston property 2km South of HR3 where current drilling is taking place (closer to Cherry Tree than HR3).
Other two holes (10 and 11) could be similar to 09 and that is very exciting.
Creswick property close to where they found 88gm at 11mtrs in 2019 (1 mtr intersection) and shoots should be on the property itself. On the same strike as the results we have been drilling on this year and good to have our own property where we can drill on . easier for permitting and quite exciting. A lot of old historic mines on the property .

Most of Central Victoria is narrow veins and can be pretty spotty , that is the tricky thing about Creswick you need to be right in the right spot , need to do plenty of sampling to find the gold
Second Cortech rig arriving shortly anticipating it being used on the Creswick property using RC. Midas and contractors busy at Bailieston.