Member Info for mentalmax

Also I noticed..

"potentially undervaluing the true estimated grade".

Bottom line is that the drilling at Creswick PROVED the hypothesis, however as also hypothesised the samples are hit and miss which makes results sporadic. Adam still remains upbeat about the project and it wasn't too long ago that he said that the pockets at Creswick hold £10-20m.

What I want to know, is that if the geology is near identical to the Ballarat mine, how did that mine get feasibility? surely the same logic applies, which means if they can sure up the DMS then it's game on for a Ballarat style mine to extract the nuggety pockets?

Should have gone with a JV months back and gone hell for leather. Did ECR get greedy wanting a top 5 or is there mroe to the story than meets the eye?

Frustrating way to start the weekend though!

Let's get a new CEO, have Andrew ace PR and get some bloody luck!

Possibly Boffin, although Adam said that they're heading back to Creswick in Q2 because it's wet over the winter and hard to drill.. So I don't think any sneaky follow up drilling has happened unless it was before Christmas...

Although now you mention it.. They have also gone very quiet on the new drill, which was more versatile and could cope with harsher environments.. unless that was actually delivered months ago and they've been using it do do what you suggest?!!

FFS though these glaring questions should be asked by the Pros (Alan Green & Co)! Not left down to us to concoct conspiracy theories! They are OBVIOUS questions -

- Why haven't you released results
- Where is the drill rig? you got it yet?
- wtf is the drill supply website all about? It's clearly legit as CB is listed on companies house as director
etc
etc
etc

Possibly.. Has ECR ever mentioned using multiple labs? If so, perhaps the CW assays are stuck in the backlog of a lab hit by covid issues whereas the others (Cherry tree and 'ah ha') have been successfully returned by a different outfit. SURELY if that were the case though ECR would have made that clear to shareholders, it would be an easy buck pass and we all know how much Co's like to do that!

Adam said that 'in the next 2 month' he'll have finished drilling the HR3 anomaly zones (he said drills were already on the ground to drill 3 holes at anomaly A on the 5th Jan) so I expect they're well into the anomaly drilling by now, perhaps waiting for the full set A-D before releasing results? He said after that they'd hit Blue Moon. The 'ah ha' results that he was 'excited' about were from broad scale drilling, so not as targeted..

One thing I think was perhaps misinterpreted was that Adam said that he would be working on the broad scale (ah ha) assays over the next week and following it up with a forward statement.. I think it was assumed that as the results were back + Adam was working on them over the following week that the RNS would drop the week after, so perhaps it was a looser timeframe than first thought (they could even be waiting until the anomaly zones have been completed before releasing a full scale HR3 report covering all holes).. BUT Andrew Scott did tell a shareholder that Adam would be releasing an update shortly so I'm still hoping for an update in the next few days!

But yea, still doesn't answer the CresWick question! lol

Word of advice for Adam and Co (if they read this board).. Don’t say results will be out in a few weeks if you then hold onto them for a further month.. It’s exactly that carrot dangling that has lost trust.. no
Doubt they’ll come, but attaching time frames you can’t keep has gotten to stop.

Also, I’d have tweeted that, but it appears my last tweet was censored somehow?! I had to click the ‘Show additional replies, including those that may contain offensive content’ to read it?!

Apparently suggesting it’s time to finally release the Creswick results is offensive.. lol

I wonder if we will get a holdings RNS before the ‘ah ha’ assays?! MM’s wanting stock with an attractive spread + wanting 1m+ shares..

I like that a small flurry of buying has caused a nice uptick.. I’m hoping to whatever suppressed the SP is done, or close to done, and the breaks can come off!

GLA

Here we gooooooo

100% agree with that, offered above bid for 1m shares. Somebody’s hungry.

I think it’s referencing the recent Queensland licenses as it’s a reply to a reply from his Queensland tweet.. if that makes sense!

Exactly what we needed to hear!

Also means there’s stuff brewing if Andrew is planning regular updates! Onwards and upwards!

GLA

Very much could be.. although he did also say that the core was ‘exciting’ and ‘ah ha’ was reference to what the geology indicated. Who bloody knows.. he also said they’d be released in the ‘next few weeks’.. it’ll be a month on Sunday. proof in the pudding. Keeping optimistic, just!

Indeed.. and the BOD, although lacklustre with communication (to be polite), clearly see upside as well as their options can’t be sold until 3.75p. Let’s have a nice blue finish into the weekend and those ‘ah ha’ results next week.

Cheers

Sorry 1:30

Also, non stop buying since 2:30.. where were these guys yesterday?!

I think blue moon commencement will be a catalyst as well cash.. lots see that as a crown jewel based on previous results..

Only had a fraction of that list at 4p!

Mm’s keen to gobble 1m, normally get a reqoute alert when I test that amount, perhaps someone is buying... Colin???

Done my bit Lucky ha

Mental Max
@MentalMaxxx
Replying to
@ecrminerals

ECR, perhaps it's time to update the market RE the outstanding Creswick results. There needs to be a clear and concise explanation given as to the delay as it's damaging investor confidence (as you will see if you glance at any of the investor forums). TYIA

If it's lab delays, they need to be pursuing compensation. I know we've had the 'nuggety gold' explanations etc from AJ, but we have not been given the assays, good or bad. They were perfectly comfortable providing the market with the less then pleasing cherry tree data, so what gives?!

It's crap seeing investors sell up, but it's low volume and small numbers.. When I see a load of red transactions under 100k it looks sad, but then I remind myself somebody has just been buying over 70,000,000 ffs. What does he know eh?!

Let's have a good day here, and be proactive, as Lucky says ;-)

Frustrating to say the least! But yes good news none the less. Perhaps a point not considered is that having a whole new set of licenses in the bag could help persuade a high Calibre CEO?! Here’s wishing, We need some good luck ffs.

Typical BS though eh.. ECR essentially gain $2m of value overnight and the market won’t even add 100k to the mcap. Give me strength!

..and that’s before Adam even finds anything ;-)