RE: Volume............................26 Jan 2022 14:16
Yes drilling is not the issue, in fact on several occasions Craig pretty much said that cores were stacking up in labs because so much was being done! It's the results that are being squirrelled, and the market is now sick of it, clearly. No point in waxing lyrical about drill efforts and sexy looking cores then going silent, just comes across as shady.
ECR seem to have this odd policy of releasing news only when they get pressured to.. Case and point, the new drill.. It was mentioned in an interview, no official news.. It took investors to ask and ask for an RNS to finally drop.. Or at least that's how it seemed.
I am encouraged by Andrew's appointment and Colin's stake building though. It seems there are things going on in the background. I just can't see Andrew committing to ECR unless he was sure of 'exciting times ahead', as he stated on twitter.
I also can't see ECR investing in a solid PR/interview guru if they had nothing to announce/talk about in the coming months.
I think ECR will pull it out of the bag, they still have decent cash reserves and a strong team (minus a gaffer, but that will soon change).. A continuation of the status quo however will not be tolerated.. If they want their billy bonuses they need the SP to go up! fact.