focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
50k seller must not feeling positive...
Company must be still cash rich. Mid November raised £3.5 million and has around £1m on their accounts. Munni Munni Platinum Group Metals and Gold Project acquisition paid in cash £135,000 only. We shall still have a huge pile of money for Hanc0ck development.
Mms decided? It is an algorithm. If you think that Mms are some nasty guys sitting in top floor on some skyscraper then you are wrong. These are the algorithms belonging to key financial institutions. Their settings depends on many factors and often are automatic.
It is absolutely no communication at the moment. Andrew Scott just joined as non-exec director and shall improve the communication next weeks but still looking for CEO with the vision! Company must still be stunned after unexpected Craig death. I was investing here in the past, it was great attitude and a lot of optimism near 2p levels. Company bought its own drilling machine, there was a twitter plebiscite for name for the drilling beast etc. It was good to see thing going on but now it looks like all died with the CEO. Pity. It is a lot to do to rebuilt it and company has great licences. We need someone charismatic here! This share is always on my list guys. GLA.
Unfortunate this turned into 'pump in dump' but objectives were initially different. I can't see much communication from the company now so why to waste the time and hold? When I could listen the solid word from new CEO or see some good drill results I will certainly come back possibly for longer hold. ECR is just very provident in news if not passive atm.
I have about 2 weeks ago. BAU for me really. AIM is market of emotions not investors. I believe as much as 75% people don't hold stock for longer than 2 weeks. Another 10% is stuck due the unexpected price decline.
I made few grands here and my capital is now working in UFO shares and other shares. ECR is again a buy candidate.
Good luck all.
It is really hard to see that's happen here yesterday. I was strongly considering to top up a week ago and I didn't. Other Australian explorer UFO announced bonanza grades Silver found in Australia Elizabeth Hill today. Check out UFO RNS. There is very results and company still only 30m mcap.
Where is 1p? Is that all? We may need to wait a bit more.