Member Info for mentalmax

Interesting volume and price movement. Something afoot?

You sang AH’s praises and he ditched you like ton of bricks.

I didn’t say that Ti, but Mike and Co are city through and through and ECR is a distressed aim tiddler. Let’s not pretend otherwise. Everyone’s out to make money and nobody cares about the little guy.

I’m not saying that TS, I’m just saying we’ve seen, read, heard it all before so ramping the way some are just looks a bit silly IMO.

Drilling deeper is fine but that comes with a whole new level of expense and risk.

Let’s walk before we run eh, that’s all I’m advocating.

Ti you must be the only person in history to be this happy being down 70%+ on your investment.

I always try to be glass half full, but I have my limits. The list of promises, winks etc that have come to zilch have worn me out and I stand with those who look cynically at the pipeline, particularly going back to places we failed at.

Time will tell RE Ant and Dec but so far no cigar. Early days I appreciate but I'm not suddenly going to be happy smiles with ECR just because two new guys want support and patience, let's not forget they will still be governed by the top brass who've sucked the kitty dry for years delivering nothing. And don't give me the 'but they've taken a pay cut' BS, they absolutely had to or risked annihilation, It was not done for altruistic reasons I can tell you that for a fact!

GLA

Ramp, de-ramp, jam tomorrow, jv tomorrow, Mike paid in shares etc etc etc 0.19p bid is what the market values ECR atm, that’s all that matters.

Ti…. phones off hook, giggling about multiple mines in

Victoria, $20m gold pockets all over the DMS, hurricane near commercial win win, I mean what have we not heard?! And what’s actually been achieved?

Fosterville buying pay dirt was discussed years ago by Alan green, but it’s not pay dirt atm is it.

Would be up for teaming up and Swiss cheesing the DMS, not so fussed about Bailey. Blue Moon was the hero of that license and that was a massive disappointment. Creswick is so much bigger and needs a larger campaign with more $ than we have!

Until further notice ECR themselves have proven Bailey uncommercial, unfortunately. Why would anyone want to JV? Surely Creswick is more likely, but the terms would be brutal atm ?

..there’s always the consultancy fee wheeze 😉

…this could have a constant subduing effect if it happened? rather counter productive.

Again, just thinking aloud. I need to watch the interview, apparently we’re getting a JV at Bailey? That right Ti?!

Just a thought. If the new CEO/COO are paid in shares, and ECR tread water, isn’t it logical to expect them to sell said shares throughout the year to make ends meet? If they are not being paid in pounds, do we really expect them to hold onto the bag in perpetuity on the hopes the sp rises? Money is money after all and 6 months of being paid in confetti will start to frustrate surely?

Narrow veins won’t get the pulse racing in all honesty, BUT if it’s a stream leading to a river leading to an ocean then game on. More work needed.

Would certainly be interesting to probe deeper into previous antimony hot spots to test this hypothesis, maybe they missed a deposit by a few 100m, that would certainty be ECR's luck lol!

Remember though the deeper they go the harder and more expensive it becomes to manage and commercialize, just look at ggp with the aquifer situation and they have an enormous bankroll to sort it all out. Still, better to hit gold further down than not at all. I'd definitely support a few test holes that go way further than the last, if they come up dry then so be it.

Fair interview.

I like that Mike is clearly against options and snouts in the trough (may make for some awkward Monday morning meetings with Tang & Co!)

I didn’t like his remark about it being disrespectful of shareholders to question Victoria. With respect Mike many loyal holders bought into the Victoria hype and JV smoke and mirrors and are currently nursing 70-90% losses as a result! Although unlucky, granted, ECR haven’t been particularly ‘respectful’ with the funds derived from shareholders and dropped the ball multiple times in that district. It’s not disrespectful at all Imo.

But on the whole, he sounds like a dog with a bone and with Nick’s tenacity I’m hoping they can kick start the engine! They may need to swap out a few parts though, the cam belt has become TANGled apparently?!

Only just checked back, what do you want me to say Ti?

Btw the ant and deck thing is an analogy, two blokes buzzing around like blue ***** flies, not necessarily a bad thing and an analogy they picked up on and seemed to enjoy, don’t be so sensitive lol

..Christ did I say mining!

Steady on!

Yea I know.. Probably true and good luck to them.. It's just a bit of an overused carrot dangle tactic to keep punters on the scent. Perhaps the irony is lost on Ant & Dec if they're relatively new here (I know Doc's been invested a while).

Also, comments RE Tang dictating.. hmmm, perhaps Doc could do a Twitter poll -

Back to Victoria everyone?

vs

S**t or bust in Queensland?

And no AJ we're not mining in Vic just because you live five minutes up the road ;)

...BTW on a personal level I actually disliked Hurricane since the Lidar showed it to be horrendous terrain! Imagine the additional expense of establishing infrastructure on a bleeding mountain, let alone access for equipment and mining if they struck.

Supportive shareholder base evident in the subscription..? you mean Doc's twitter mates who undercut loyal PI's by a huge margin?!

Yes, I like Nick at face value he seems like a decent chap. The phone comment seemed a bit clickbate and before anyone gets excited WE'VE BEEN HERE BEFORE! literal deja vu!

Hurricane 'way too big in proportion to ecr' a bit depressing, although he could have been referring to the cost. The whole Hurricane deal really did turn sour didn't it! with AH's shock departure to boot. I liked AH but makes one speculate if ECR was being 'used' to pay off Placer as they held a dead project? pure speculation. New license 'potential replacement' so needs a shed load of work to even be held in the same light which is very frustrating.. Hurricane was ECR's 'near term' project due to it's obvious outcrops and prior workings, now it's back holding nuggety Victoria full of duff holes and some very long term QLD prospects that need lots more preliminary work (and a wet season to go through). Let's hope the phone calls related to more near term work eh!

I actually missed the Friday RNS, surprised the MM's didn't tank ECR on the bell today but I guess the token 'encouraging' RNS held back the wolves.. GLA!

They get paid over 100k if the sp stays above the placing price which realistically represents about -80%+ to most lth's.

How's that?