RE: Trust3 Jun 2025 09:37
Cattleman, I'd have to agree. I've said it before, the Jason Brewer school of comms just isn't working for Mike. The tweeting under an X account of Doc Holiday at every opportunity, tweeting about anything and everything ECR related simply desensitises the public to the key messages.
Also this testing, testing, testing philosophy, penny has dropped that y' don't need to do ALL this testing just to start processing gold, yes some test but ECR could easily have been producing gold 6 months ago. Just focus on the alluvial, easy to dig, easy to process gold. More core drilling or processing alluvial material, which would you want ECR to do?
Then there was the helium farce, my own view but I believe it was announced just to attempt to get the price up. Mike even said something along the lines of he was the surprised the market didn't respond as expected in one of the many interviews after the announcement. Then the venture into Canada that ended.
Ultimately the Board are responsible and the Board are just not delivering what is needed here. Sub 0.2p now, it's broken that support and only heading further South 0.175 next support level. If it breaks then 0.14p next stop I believe.
What shareholder value has been added if you take away the ream of news that came out just before the placing(s)?
They will get close to 12,000,000 shares this quarter based on the current price, I still believe, my own opinion, that they will sit here and take the free shares for as long as shareholders let them before resigning and taking the shares with them and then sell them when the next BoD make a success of this by simply digging for gold.
Is it time for the Board to go?