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True CC, fiduciary duty and so forth. Still,it happens (reneuron days before the publication of positive clinical trial results etc). If not now it would still be good to see them invest themselves, its quite rare to see directors without at least some steak in a company these days. The results today were positive i would say, and a company should not be penalised for being forthcoming about delays etc. What is your take on the RNS?

Anybody care to put a finger in the air for a 5 year share price assuming successful ph3 results and partnership agreement? Pinch of salt included as standard of course

emps.exeter.ac.uk/csm/staff/sd412#

Bit of background on the new guy. A handful of people have spouted that its a scam, be a bit stupid for ECR to employ two analysts if they didn't think it was worth it methinks, and that is only at Cresswick. Plenty more news to come and tiny market cap. Be good if the Directors had more skin in the game, maybe time Craig and co stuck their hands in their pockets to give even more confidence to the market

Haha! Perhaps tamer. Transformational can work both ways I suppose, maybe he has stuffed the initial nuggets down his khakis and made off! Odd thing, for every share I am invested in good news always meens either a big dip or closing down. Perhaps an RNS stating that the CEO has fled and the analysed bags contained old lawnmower parts will send us 50 bagging...

To be honest it was more like "...alright cobba, Brad has swapped surf for turf today and once he is done diggin I will tell you if its shrimps for the barbie or strewth from ya sheila!" Haha! I had read somewhere (?) that given the current exploration licences alone the company should be at 2.2p per share (will post the link when I remeber where it was, too many barbies of my own!) so good news will raise this exponentially assuming the market goes for it. Seems more and more these days that its word of mouth and hype though so sure some electric umbrella manufacturer will end up with a 500 mil market cap instead...

When I called last week and asked for an update around Cresswick he said "there are two...err, no, three results and they will be published next (this) week". I was not sure of he meant three results for cresswick or maybe updates from cresswick and two other sites. Perhaps I am reading too much into it tamer, but hope springs eternal. Haha

...oh, and for those demanding to know when ECR will 'dig it out of the ground' it doesn't work that way. Exploration companies normally partner with or sell too a larger mining company to offset the risk. That doesn't make ECR any less of a good investment though as there are numerous exploration/development companies with significant mcap as well as junior miners who have turned their backs on mining and went back to exploration as the cost for a small miner can often be too high to make it commercially viable. If you genuinely want to learn rather than just complain there are others on this board who would no doubt be happy to educate as mining is not usually my bag.

Not bad news at all really, positive tests with increasing grades on the whole and an explaination of the delay. I was worried the whole bag results were poor so the other news was to soften the blow! Investing is about the long term after all. Craig said 3 results this week so maybe more news to come...

Been a holder here in the past and watching with interest. The thing that puts me off is that there always seems to be some kind of 'smoke and mirrors' game afoot, on paper the market cap makes this well undervalued, but most of these companies are no longer just an idea and now actual performance figures are what counts. As ot happens, Lucyd and Salarius are uk based so accounts etc are available on the companies house website. Come September if the sales don't stack up then its clear that while a nice idea, it hasn't paid off. Also I see that Clifford has resigned as a director of both companies. Probably meaningless, but its good to know that we can finally access real actuals rather then the usual 'they are performing well and the market for x is set to be worth y' mantra. I wait with anticipation...

Craig Brown sorry. It was quite hard to tell to be honest, and not sure what 3 'lots' of results are but I specifically asked about Cresswick in what was a hurried landing phonecall while at work. Haha

Hi, quick update - I have just spoken to Chris Brown who advises that 3 lots of results have come back and an announcement is due next week.

I do appreciate the frustration, but it does take time. Galileo resources confirmed an initial JORC resource estimate yesterday and judging by the RNS trail it was October last year when they last updated the market with deilling results so clearly ECR are not alone in staying tight lipped. They have invested a lot in speeding up the process however, and my thoughts are if suppliers are still happy to accept shares instead of payment and ECR are still tweeting pictures of gold nuggets then the news should hopefully be potitive. Thats the risk of course, and the nature of AIM investing. This share moves on very small volumes, both up and down so the rise on good news could be dramatic (likewise the fall if its bad). I am happy with the risk/reward balance and see no need in selling at a loss before the very announcement I bought in for even arrives, but appreciate that some people may want out - your choice at the end of the day.

Don't understand why anybody would sell now, especially if you have already endured the months of waiting. Common sense dictates at least wait for the news and see if you get a decent bump, then decide if you want out or if you like whats on offer with the whole package and play the long game. Easy to get bored waiting for THE rns but something has to come eventually. The spread is crazy today, suprised anybody is buying/selling at all

Well said Ophidian. If a simple reccomendation is enough then perhaps I can reccomend some of my holdings. If you have a big pension lumper then maybe plough that in and I can retire. Haha!

My stoploss saved me from losing half of my investment here and I kept a small profit, but for another share I held the spread widened briefly so I was kicked out just before the share price trebbled. Contrary to popular belief simply holding a share for a long time is not a sure-fire way to make millions and there are plenty of long term pi's with emotional attachments to their investments who have ramped all the way down to de-listing. Each to their own, but for me getting out and averaging down works wonders...but I do agree that you should sell at your own mental stoploss point rather than setting an order as too many games can be placed.

Point taken Pdub, and thanks for the summary.

I do now, though it did meen that I left with a small profit and can now get back in with twice the shares for the same outlay. It has cost me big rises elsewhere however so now I risk all. Haha

I use a stop loss and was kicked out when the price started dropping. I have been waiting for things to bottom out before I buy back in.

You may. When I was invested here I folowed your trade analysis on a daily basis, your site visit and the various bits and peices about the potential for Vanadium flow batteries, all of which I found useful.

I have and do, whilest being mindful that you are invested here (not accusing you of bias by the way, it's just common sense to look for opposing views). If the dividend is announced you will probably see the highs you are expecting as it will open BMN up to a whole new group of investors.