Member Info for luckyorange

Who are they going to @ when Kirkland is sold?

Expect an interview or clarifying RNS at some point. Other two properties complete about now within a week of each other so there will be an update there and the new drill to arrive .
Don't know how long it takes to commission the drill , seemed to take ages with Midas, anyone know?

Made me laugh AD , but it is true , the interviewers were below par that day I think and David doesn't interview well .
However, he is adamant that he has lots of contacts with money , if that means bucket shops like Novum Securities then he needs to rethink the strategy lol, anyone can get money off them costs a company their reputation though.
Hopefully the property purchases and leases are creating a good footprint and opening up government and banking loan opportunities for ECR from now on.
Looks like they will be drilling on their three properties now whilst waiting for assay results , think they have over-egged it on this one though with the quartz remarks the owners could have 'planted' it there to help sell the property ;-)

Hopefully the buildings they require can be developed with government loans rather than diluting shareholders again , but as I said I won't speculate on anything until it becomes absolutely clear what they are up to , either by RNS or in and interview.

The 'board' consists of David Tang , Craig Brown and Adam Jones.

Difficult interview to listen to but persevere if you haven't , David Tang being interviewed by Fairbairn and Russell in June 2020 https://stockboxmedia.com/podcasts/david-tang-chairman-of-ecr-minerals/

Maybe Trek , if that is the case they should have worded it as spares not supplies and they don't have mechanics on the payroll as far as I am aware, all a little strange and has thrown me because this was across the line Before Nagambie offer was put in, ( which has some sort of building on it although not quite sure what it is or what it will be used for) .
I have no idea what they are up to now as (to me) , on the face of it Nagambie is now only there to put in a decline (which they have stated) but with this purchase that (to me) has become the only reason on Nagambie property .

It is pointless speculating now on what they are up to and wait for them to 'fess up as to what is going on.
For someone whose background is accountancy (Craig) then there must be method in it.
Totally out of my understanding now , hopefully the next RNS will bring clarity.

"drilling supplies warehouse and mechanical workshop on the land"

That quote came from CHF (chesterfield resources ) update this morning .

They will come when they are ready Max , labs will go at their own pace it seems . It isn't unusual

"In Cyprus we commenced a new diamond drilling campaign which has been extended and is still in progress. We have to report that there is also a log jam in assay labs. The increase in metals prices over the last year has led to a surge in exploration drilling, much of which has been compressed into a short window due to Covid restrictions. With our extended drill programme and delays at the lab, realistically our Cyprus drill results are going to be pushed back to November."

ECR is continuous and ongoing so they should start to filter through as they queue and keep re-joining it as cores become available.

Lol he keeps trying eh parkeg.
What China says and does are two different things , they are committed to the current work so it is not new in that respect .

There will be no Cordillera Tiger whilst the Victorian tenements are in drill drill drill mode, he did say that in the one interview .

Mandalay and the Costerfield mine , very interesting and I hope some see why in this short video https://twitter.com/MandalayAuAg/status/1402229689897324549
Costerfield mentioned here in the interview for reference https://twitter.com/ecrminerals/status/1437687739344949248

"Bendigo Advertiser
@BgoAddy
- Victoria still something of a #mining secret even as record amounts of money surge in for mineral exploration.

Rex Motton runs #gold co
@Fosterville_FSX
& is among those watching N American & European money flood in "

Don't know if it is relevant but does show there is cash available for the right prospects Ref here , although it is behind a paywall https://twitter.com/ecrminerals/status/1435163258508480512

What on earth is Victoria's Secret ? I will look it up on google .... may take a while ;-)

I can understand your concern there Snip but once the spending is done (sometimes you have to strike whilst the iron is hot) and the new drill arrives (should be soon) then they can start to rein in costs.
He said that shortly they will be pulling the contractor off CresWick and will decide what to do next , I think they will drill on the acquired properties , at least that was the impression I got in the last interview whilst planning the next stages.

Although they can check the cores in a limited way they do need full information on what they have done so far and are probably as frustrated by the results delays as PI's.
The mines are important because it seems the deeper they go in Victoria the bigger the gold finds /shoots and that does make sense, don't know how much they have to go at now but the leases at one point were over 1000 km2 and in a highly prospective gold field area like Victoria then that is massive.
There must be clues in their recent tweets somewhere, must remember to have a look over the weekend to see if there is anything obvious.

ecrminerals
@ecrminerals
·
Sep 23
#ECR - Our new land purchase at 127 Nagambie-Rushworth Road, Bailieston.

~ Adjacent to Cherry Tree project, which neighbours
@KirklandLakeGld
’s #Fosterville #gold mine
~ 297 acres - ample scope to develop a mine, processing plant & tailings dam
https://twitter.com/ecrminerals/status/1440956271910400000

Thought this was all pretty clear, no wonder PI's get a poor rep lol

The mines that he was party to setting up are in his bio Snip, what is going on on the ground then eh?
Why the sudden panic , I agree the persistent selling is tedious but one day the traders will stop trading and the selling will stop .
As far as someone Chinese buying the properties how on earth did you come to that conclusion, as if you have been on the pop or something more powerful.

I thought it was clear on both max.
Bought to ensure that they have land available, that isn't crown land , to put in declines on both CresWick and Bailieston when the time comes as they have said for some time that they will put in mines on both .
Having the land available now saves a lot of time and money in the future with permissions . The purchase of both blocks doesn't make ECR worth any less and they will still have a few million to continue with the drilling .

A$ Snip, Aussie dollars!

I'm not aware that they have a lab, not seen any pics of it and ECR are usually good at showing what is where.
I am aware that Australia has moved from winter into spring when the drilling everywhere ramps up so the assays will back up.
Someone kept saying about the draconian (Draco's fault) lockdown measures , well that didn't impact the drilling as we know Creswick is on the 13th hole and not sure where we are on Bailieston but apparently is having an impact on all companies with regards to assay results (ref: = Last interview with Craig where the interviewer spoke about the assay problems).
Some of the money was highlighted for a 'lab' but I do wonder if it was low key stuff like another XRF machine and maybe a grinder and small furnace , anyway , never did I expect it to be something with a room full of equipment and white coats working in there day in and out.

No idea what your agenda is Bridgedogg but you are talking nonsense and I won't waste time educating you.

The Wick part is good old Anglo Saxon
"The most prominent type of settlement associated with trading activities in the Anglo-saxon period was the Wic, an Anglo-Saxon loan word from the Latin Vicus meaning a dwelling, farm, hamlet, or subsidiary settlements. The Wics were communities very similar to those found in rural areas with the distinction of servicing trade and industry."

Appropriate I suppose :-) , I get annoyed with searches sometimes and Baillieston comes up in Scotland but somebody from that suburb of Glasgow must have had a hand in naming it.

Answer to your question Bridgedogg, (all on the website) "Previous owners have expended +$20M on Lubu, which has enabled a sizeable resource in excess of 1.3 billion tonnes to be identified under NI 43-101 standard. Contango will initially focus on producing metallurgical coal from Block B2, where extensive work has also been undertaken to define the specific properties of the coal, which in turn has enabled offtake conversations to commence. "

Yes the item is more about Australia and how the China ban on them has impacted China .

https://www.abc.net.au/news/2021-09-24/metallurgical-coking-coal-record-mining-steel-resources-jobs/100486198 Quite simple in a lot of ways but worth reading the whole article.