Member Info for mentalmax

3 chunky buys in a row = drop the price and 'force' a lowball sell.

Crackers.

I agree with barony on the ADVFN forum.. Excitement fading.. ECR give it the big guns then disappear into fog.

That 'busy H2' can't come soon enough! death by a thousand cuts atm.

Yea that second rig has been a bit of an embarrassment really.

Indeed. Noticed that was mentioned over on ADVN as well. Something afoot?

Why retain 27 acres? hmm

Oh yea! ffs lol

Well tbh I'm just happy with the modest blue finish.

First of many hopefully!

1m @ 1p... Director buy Gino?? ;)

35 may well be core if they've identified a possible 'mine decline' site as per RNS.. Or it has areas of drilling interest they still want to pursue. The others, if surplus, should rightfully go. The properties + Philippines will really secure our future medium term. A decent pile of cash will set us apart from many in the Jr mining space.

Also.. RE properties, access, logistics etc... I really do see AH snapping up a JV at Creswick before too long (licenses before Christmas)... A larger entity will surely assist with whatever the ex properties offered + have more legal clout RE mine sites/legalities.

AS has just posted this on Twitter -

''Excellent news this morning with the agreement to sell our Bassett Road property - at a premium.
Earlier this month we spelled out our near-term strategy and the #ECR team is following through on it!
Stand by for further updates and, as promised, an active second half of 2022''

I like the last bit!

RNS actually showing on LSE for once as well!!

Well played AH. Big help to our balance sheet that and only the beginning. Streamlining is the way.

Gold price rebounding too.

GLA

AS - ‘#ECR We're working on a few updates Dan. Shouldn't be too far off‘

Maybe they are in a closed period Gino?

Quick question RE licenses. AH was confident that the licenses were incoming when he gave the presentation. Are License awards subject to total secrecy until they're publicly announced? Or do companies get a heads up?

'busy period' my foot!

C'mon ECR, this is dormant company stuff atm.

People always moan, but I thought those video clips of drills/AH on site etc were good bitesize tasters. I feel like a couple of vocal critics discouraged ECR from continuing with updates like that. They mean nothing for the SP but are good PR.

Would be nice to have a few twitter updates RE ongoing/current activities (not just presentation edits). While not price sensitive, it's encouraging for LTH's and newcomers alike to see the cogs whirring behind the scenes. Particularly at times like this where we're stuck on pause.

ECR stock asleep at the wheel atm! doldrums.

We've been promised a busy period hitting some of our prized acreage so much to look forward to. I agree with your twitter post Gino, IF we are not in a closed period some 'skin in the game' director deals would show the market some confidence and grit.

GLA. Hopefully the calm before the storm! (in a good way!)

A little common sense returning to GGP after a prolonged stay in the gutter. The market is waking up to the silly price. Will happen here too IMO, particularly once licenses drop and Blue Moon commences.

GLA

Blimey! Nearly a year ago! Ffs.

It’s likely this page was written before AH sunk his teeth in. I think it’ll be accelerated. ‘Boots on the ground’ ASAP seems to be the attitude.

Year 1

Outline prospective areas from Historic EPM reports.
Establish landholder connections and communications.
Reconnaissance exploration-stream sediment sampling and rock chip of outcrops.
Year 2

Follow-up sampling-detailed stream sediment sampling, rock chips and soil sampling of ridgelines.
Plan access to anomalous areas, drill planning and permitting.

Forgive me for this potentially ignorant comment... But I swear once you boil Year 1 & 2 targets down that's a few months work at most!? I guess lab results and licensing may take some time but some of those things (connections/communications, rock chipping, stream sampling) - 2 years for that?! really??

I'm hoping Andrew has a more gung ho outlook. I'm mainly thinking about money. Seems an awful long time for the initial stuff, but again, I could be very ignorant here and will happily stand corrected.

True Melville. It was a rather odd strategy in hindsight. Sitting on the areas with the most potential and chasing after the unknown/smaller projects. BUT, to be fair they did hit Creswick and by the sounds of it Blue Moon had access issue so they may have had their hands tied to some extent.

HR3 could well be a resource yet. AJ seems hell bent on proving up the anticline.

They plan to, they've had bad luck with the wet season but hopefully they are now in a window to explore again. they will target the red zones and use batch sampling as regular drilling doesn't work for nuggety ground. What I don't understand is that they plan to hit Blue Moon, Creswick AND Queensland all in the coming months. We currently have only ONE drill and hiring drills/crews isn't always easy due to availability and cost.

This is why I think we will be partnering up for at least one of the above. Andrew has the clout to attract suitors.

We've definitely gone quiet, hopefully the calm before the storm.