Member Info for luckyorange

Petrofac was one I was considering a while back PFC , they are all a roller coaster.

All easy isn't it , THG based on their results would be a fairly safe buy , nope, drops more than 20% anyone selling ECR and buying there would be compounding losses and that is why some stick with the devil they know.

I thought buying the drills and working through the winter was a good move Loch.

Property purchases I hope is not about empire building on a whim , which my thoughts were that there must be information to justify it somewhere but we are just not aware of it yet.
I am always surprised that wherever the drill enters on the whole there is at least a smidgeon of gold , all a matter of finding the line of the source and working from there as with the DMS.

FORWARD LOOKING STATEMENTS

Whilst drill results to date at Cherry Tree have been disappointing of late, it must be emphasised that structural interpretation of the Cherry Tree deposit has only been achieved through completing diamond drilling across multiple fault zones. Drilling of the last hole (BCTDD009) is showing a remarkable improvement in vein quality and size as we drill west of the anticline. For the time being, pending results, the drill rig will be moved to more promising sites at the north end of the HR3 (Byron) reserve where soil sampling is revealing strong arsenic-antimony anomalies on surface.

Hey Bitcoin , been hiding ? See where the next year takes it eh?

Very simple look at it but is encouraging https://twitter.com/luckyorange1812/status/1451475460647530496

You haven't been here for long specky (under your current pseudonym anyway).

Got to have the whingers to maintain the balance and keep it real, annoys the hell out of me sometimes but makes me check and double check what I think I know and keeps me in it.

Warrants thoroughly depleted after today , expect the next lot to be exercised in the low 3's but if the volume if there for good reason then they will clear quickly .

Lol , that link froze on me aqua , on restart I now have the blue screen watchdog violation .
OK assays are taking 8/9 weeks to be returned , what if they do the fire assay after ?

It wouldn't cancel Aqua, good to have it confirmed though , thank you .

Thanks Aqua your link is the print version so it won't work , however

"he Australian mining industry is flourishing and is the core of the Australian economy, despite the ongoing pandemic. However, the sheer amount of work being done in Australia’s exploration and mining industries has impacted on laboratory processing times, resulting in long turnarounds.

Laboratories cannot have employees doing two or three extra shifts because people are either confined within a State or the country. As a result, laboratories are taking eight to nine weeks to process samples."

"has also found it challenging to get equipment, such as drill rigs, for all of its Australian projects. In addition, the drilling companies were often only able to provide one drill crew. Before the pandemic, drilling companies were able to provide 2 crews to offer double shifts, so current productivity is also halved in some cases."

https://www.miningweekly.com/article/booming-industry-results-in-project-delays-2021-07-30/rep_id:3650

"It is pretty easy to find out what the turnaround is for results going back to miners in Oz. I can tell you for sure it is not 3 months."

Where Snip , can you provide a link please?

Totally and absolutely disagree Snip , communication with shareholders has been top notch as new information turns up.

It's an enigma or all total b/s and we have are victims of one huge deception . I note that EIS payments are now being received but don't think that ecr qualify looking at the criteria

Blimey max , just before you posted that the thought went through my mind but it is always the case that if something is price sensitive then there should be an RNS , where's Colin , he will know!

Dunno if it makes a difference Aquae , they were drilling in the winter months which others tend not to do and as it has moved into spring has it put more pressure on the assay offices .
Lockdowns probably haven't helped but don't want to make excuses for them , they should be explaining the delay and not leaving it for investors to guess.

"$500 coking coal $350 thermal will double lots of share prices in a month or two. The crunch is on."
China Coal Crunch Capital
https://twitter.com/YETICapital99/status/1450329383407861771

Hey bitcoin , do you know someone called Colin ?

China will be interested in the thermal coal as well , they have been told to secure supplies and that is how they roll , look at copper , ppe et al , they messed up with their argument with Australia so the thermal is a sleeper at the moment as big companies moved away from it before the green energy is reliable enough to produce an uninterrupted supply (look at TGA since it was offloaded ) .
I agree with early bird 20p is low ball , if they get it right and thermal becomes part of the deal you can double that as a starter and it will still be cheap and in demand.

An update is definitely due , seems like an information lockdown with even the twitter account on lockdown too .

Excavator should have arrived , bigger drill ditto, assays haven't got a bloody clue because they have never mentioned why the delay and we can only assume (however it has been mentioned on twitter that Kristy is finding mineralised core .
"
ecrminerals
@ecrminerals
·
Sep 6
#ECR - Core samples from Hole CSD009 at #Creswick

~ Logging and processing of samples undertaken at Bendigo core shed overseen by Chief Geologist Kristy Plieger
~ Assay work on samples reveals geology and mineral 'shoots'

ecrminerals
@ecrminerals
·
Sep 20
#ECR - Drilling continues at #Creswick

~ #Drilling Hole CSD0013, adjacent to high-grade hole CSD003 and close to Brewing Lane property
~ Assay work on samples continues to reveal geology and mineral 'shoots'

"continues" so they found more after 009 is the implication .

Certainly puts it in perspective with this statement Aquae

" including a significant assay of 1.0m @ 1.49g/t Au from 651m"

I will guess that Craig has had a few ffs moments with the reaction to the drilling results :-)
Great posts from you and Gettingby highlighting the current state of affairs .

It saves the majors a lot of money buying proven resources with the little guys having spent the time to prove them up.