Member Info for PippiLongStockin

Pre revenue companies increase in value on milestones as they prove their assets… it doesn’t need to be operational mine for the SP to start rocketing.
ECR I suspect is about to hit value generating milestones this side on Christmas… the most important of which we may hear very soon, extra drill results… then if licences are awarded that’s an additional milestone value generated….milestones are coming… we know less than management and their actions speak volumes…. If they weren’t confident they wouldn’t invest near £800k in land and drill. Also news slowed down and during that time the land and drill purchase happened…. They are plotting the news flow…. The quiet patches are the interesting times as stuff happens behind the scenes

Early days for sure coming out of the doldrums….. but I’m loving the wild suggestions… which aren’t really wild at all… just will take time and money to play out.
Im interested in views of this new land and how it might, or might not, relate to prospective JV… eg better negotiation position, it’s JV on our terms or we do it ourself looks substantiated as a stance

Also shows to me that short term sentiment and SP doesn’t matter much —- think of this as a 1 - 2 year play and forget the noise.
However Because everyone dreams of the next Greatland Gold many punters will be turning up here soon

Craig not looking like such a mug now —- zero to hero… remember he’s been working to this plan all along… JV only at the right price, multiple drills, enough cash to have time and resource to do it without needing to get desperate… maybe his cheap at 4p statements will start looking true too

Just a thought —- who would you give licences to if your were the Victorian Government? An active miner setting g up base and looking to develop their prospects maybe? #boxseat

How exciting —— now can all you tampers get to work please ….

Ask yourself why this may be the case…. Significant quartz intersection … maybe they want to bundle that news with other news and release a banging RNS…. As opposed to releasing results of 1 or 2 holes…. There must be a degree of tactics and planning that goes into RNS’s

I bought in partly because I thought what a great story… small Biotech from up north coming up with best in class testing; quicker & easier and exactly what Boris was after —— sovereign all the way. This is going to swing into view at some point. Or has that horse bolted now?

Nice to have a promising update like this one…. Such a small market cap…. Easy to see multiples if this develops further

I think this week will bring….. a rising gold price….. new licences….. fantastic drill results….. and see u later 1.6p

Piled in at these levels…. Best time to buy straight after a duff trading update

I think we’re nearly there… or at least tomorrow we will be nearly there…

What’s the court process if the last bank keeps sitting on their hands? Surely at some point the courts have the powers to push it along? Thoughts on this

I predict more losses for cs123 for making ill timed investments ;)

If there is a pattern it drifts to 25p and then the next upturn to 29p happens, and then we start wondering again when it will happen….

This could drag on and on. Only choice is hold or sell. Seems like some choosing to sell on the update as who knows when this lands…. I chose to hold and wait…. Outside Amapa the other investments doing fine

You say masterstroke. But
That was always CB’s plan
So I think he’s played it right as he’s thought about long term shareholder value all along….

You say it’s a master stroke but it has always been CB’s plan… so maybe the plan has been a good one all along —- and will get better value from any prospective JV as well

I’m a bit the same feeling about this share…. Such small market cap and any decent find will send it rocketing….. but it’s on snooze button right now…. Despite expecting news a lot sooner…. So maybe potential to excite us anytime now

Considering the market cap is a lot lower with £2m injection than before the fundraise then it shows how much of a dummy spit short term holders had over it. I think we’d be in a similar place but with a touch more desperation for a JV so likely to do one on less favourable terms, and before proving the resources as much as we are doing now