Member Info for mentalmax

cs123. I think we are due a period of heightened activity with HR3 results, Blue Moon, Queensland and a return to Creswick (with the possibility of license drops which could stir JV interest). So to answer your question, yes, I see ECR really perking up in the coming months and there's every chance we hit something big (which is why AH joined, clearly). The geology of our current projects is looking more promising as results hit with more and more talk of a resource.. This will hedge against further exploration. Gold stocks have been smashed across the board so a change in sentiment won't do us any damage either! I see ggp hit sub 10p which I never envisaged.

Sticking with a glass half full attitude, although perhaps not as full as BitCoin's.. his glass is overflowing!

GLA

Nice milli buy to soak up the drip selling.

Should get the remaining HR3 assays back shortly.

GLA

Really enjoyed that interview. Confident and highly encouraging. Very interesting and positive to hear about Andrew's extensive past, looks like he's a solid all-rounder!

He clearly wants a repeat of Crescent.

It's impossible to know what the state of play was. In all likelihood there were JV offers contingent on license grants.. Which I hope are still on the table once the AUS gov pull their finger out!

'phones are ringing off the hook' rhetoric was perhaps a bit OTT though I must agree.

I am with Gino RE the urgent need for a more market friendly breakdown of the drilling info and why the team believe they have a 'significant find' as per the RNS.

'widths haven't been anything like expected' - based on expectations of what? vertical drilling? different terrain (Victoria is known for high grade narrow shoots, many profitable mines have been built off the back of this). Not so long ago Adam said Creswick was full of $5-20m shoots, and he's a geologist.

I suspect the team will have more to offer investors before the meet and greet. At least I hope so.

I agree RE Andrew Melville, seems very switched on.

I topped up at 1.22 thinking we'd finally bounced and turned a corner. maybe another day! I now hold enough that will be life changing for me if ECR succeed so I wish them all the luck in the world!

I can't attend the meet, so echo the kind request for one or two to make notes and post them if at all possible :-)

GLA

Buys all morning, nothing.. One sell.. We drop. Total BS.

This whole bear market is not consumer controlled it's the system forcing it. If the MM's drop the price regardless of buying then it's all self fulfilling. Very tedious.

Ha! Andrew tweeted my post :-)

Can somebody tell the MM's that ECR is not a cryptocurrency!

In other news...

Anyone going to this? - https://www.proactiveinvestors.co.uk/register/event_details/400

Well that spreads a trap! hardly encouraging buyers are they!

I am very sceptical of share price action. I’m not a conspiracy theory type.. but it all seems like such a self fulfilling prophecy.. Drop the price for no reason, scar sellers, keep dropping it.. hey presto! now what is in it for the MM’s to drop a share? Order filling? Getting cheap stock for themselves?

You can’t deny it’s odd that we open negative and we’ve had one trade, which is a purchase.

Very off.

... oh, and the one trade is a buy.

Joke

Why are we down with zero trades. At least let a sell come through before dropping to 1.05 ffs. Never seems to happen the other way around does it.

Precious metal stocks are historically good performers in recessions, gold price goes ballistic.. Just look at 2008.

But yes, logic doesn't seem present in the market atm.. at all.

ECR just need to keep churning out good results and get more licenses sorted and we'll be laughing.

Shame ECR can never seem to hold onto it's gains atm! Fickle market.

I suspect gold stocks will be tempting for those exiting crypto and hedging against recession.. If ever gold was going to have a run surely it's now? Frustrating times but the story is the same & ECR are certainly improving all round atm!

..Pretty sure Colin can be called a Whale at this point lol

Don’t rely on LSE, you’ve missed the crucial RNS dated 8th June.. For some reason LSE don’t publish all RNS’s.

Way better drill results and showing continuity which is imperative for a resource/mine.

We have also had 2 subsequent holdings RNS’s, our whale investor is loading up again.

He’s probably worked out a rough resource estimate based on the horizontals and can see how cheap the stock is.

Drop seems a little harsh! Not a single sell under 1.15 and the bid is showing 1.10 and another dip down.

Hey Ho

Interestingly the sell limits have been very restricted over the last week or so.. I really don't know where Colin is getting the stock from as some days I wasn't even getting quotes above 100k to sell.

I don't suspect Colin has insider info or goes to the pub with AJ.. My opinion is that he understands the geology and sees what Adam sees.

Once the data is translated into more market friendly info (resource estimates etc) then perhaps the market will realise what it's missed and scurry to catch up. That's the hope.

I see Andrew responded to your question Gino! Good to see a timely response and promise of 'more to come' RE widths etc

:-))

#ECR Hi Gino.

You raise some important points.
Establishing continuity of grades between drill holes is also crucial.

Adam will have a long-section of drill intercepts, extents and widths to share with investors for more info in the coming weeks