Member Info for PaulFG

Every possibility now this may retest the more recent 1.40/1.45 low, if this holds it will form a good double bottom, to trade against the multiple 2p top - solid range.

If 1.40p doesn't hold then I don't know, could easily spike down to 1p depending what else is happening in the market - don't forget some traders will be looking to book tax losses as we approach the end of the year.

I agree LW, probably even more bullish than you.
SO the frustration here for all of us that know how good the ACTUAL story is (as opposed to the POTENTIAL story, evident in many junior explores) is very real. We know how good the project is, we await news from drilling as to how much better it may be about to be and we just need the government bureaucracy to announce the official go ahead.

In a country crying out for foreign investment they can't afford too much procrastination.

I notice 1-2-1 Mining still have not published the CMET presentation although they've published quite a few from the conference. I wonder if CMET have also put a hold on that until 'early November'

so I notice the tweet doesn't give a date, merely says 'early November'.

To me that SHOULD be before November 10th.

LW
David Burton confirmed it on twitter 4 days ago.

@LW a wider following also means disappointing results are also known by a greater audience and constant disappointment means people lose interest...

I've given up speculating. It's October 26th FFS! (Pardon my frustration)

I hope MF is given a thorough grilling by SL @TMS this week.

@AG a considered post, as always, but : "Big drop, not really surprising but it’s out of the way now." I'm not sure is entirely accurate. Investors will read, digest and reassess overnight, could be more coming.

let's face it we've all had a bit of a grumble. I had high hopes for October - so much potential. I know it's not over but...

I guess it's obvious, but I have not bought back in on today's 'news' and remain out.

Had the assays been more upbeat I don't think the result would have changed much - there have been excellent results from CORA (truly excellent) and they've had no impact on SP. I believe the necessary change will have to be sector wide to get this going and that's simply not happening anytime soon and thereafter I expect companies with better results will rise faster than ECR.

GLA.

From Damsila Sands FB page, yesterday:
https://www.facebook.com/permalink.php?story_fbid=270460755089735&id=111212767681202¬if_id=1634465387374667¬if_t=page_followed_contents_awareness&ref=notif
"Damsila Exports proposes their Primary Concentrator Plant to be located near the mining area about 100m or more away from the sea on either government owned or private lands. the primary concentrator plant consists of skid-able modules allowing the machinery to be efficient and mobile. The mobility of the concentration plan ensures that the rehabilitation process of the mined land and work areas. This also means that there will not be any footprint from the process and the area will be recovered to be better than before."

not really sure if there's something lost in the translation - like the purpose of the post.

Nah you misunderstood, it was bitter for me because of the delay to transition to LSE. I was waiting to buy there.

Great stuff DRJJ

My concern was that he agreed to the TMS interview but asked for it to be pushed as far to the back end of October in the hope the EIA would be announced - not his fault if it isn't in fairness. But now having announced the podcast it would look worse if he cancelled so best to continue, there should be stuff he can talk about:
> how the drilling has gone and when can we expect results;
> what does he know about the TEC since the Chairman's statement has told us it occurred in July;
> development plans, construction plans, financing plans. where are we now wrt the timelines in the presentation and length to production, expectation of mining licence approval (still before end of 2021?)
> are all the harbour dredging costs included in their financial analysis

There's a lot, Let's face CMET/MF are pretty woeful communicating with shareholders so these few and far between interviews should be taken advantage of.

But I'll go along with your optimistic viewpoint, DRJJ, and hope the starting point will be the approved EIA...

I just hope MF has something meaningful to say - at the VERY minimum an update about the drilling, which should be wrapping up.

Some nice bullish indicators too

https://lse.swingtradebot.com/equities/CMET:LSE

It looks like with the recent announcement the listing on the LSE could be delayed by a couple of months - unless they go for an AIM listing instead.

I've been watching for a while and wanted to wait until they transferred to LSE so although the new JV is very good news it's bitter sweet.

@color - but always remember here there's such a small vol available to trade it's not difficult to move the SP quite easily.

Volume and size of trades would not indicate any news leak, most probably anticipatory trades and people looking around to see what'll make them money before end of this year

@LW - fair enough

wrt 1-2-1 presentation - they did not issue me with an invite so I didn't see it, but I note they are slowly starting to published presentations from this conference, so keep an eye out on their YouTube channel.

WRT TMS - I note they generally wait if there's an RNS due before they publish (see LND today) and as I suggested earlier MF may have hinted that the EIA due this month so perhaps they're waiting for that head's up - only 6 more trading days in October so not long in either case.

@LW not sure if that was aimed at me since it followed my post, if so I think you may have misinterpreted. My post was a joke with DRJJ referring to the small rise we've seen this morning which he predicted on Sunday.

I remain patient with CMET one of the closest things I currently see on the market to a sure thing, unlike so many wildcat miners with msg boards frankly stuff with the delusional.