RE: blue mountain interview update with mike *******25 Jun 2024 13:21
So, just watched the YouTube video. Did make me chuckle.
So apparently there's some Blue Mountain 'results not published when the acquisition was made'. So let me tell you my opinion. In a few days or weeks, ECR will announce that the previous owner's results were A, however ECR have, in comparison to A, results of A++. Oh so much better.
My view is it won't just be the results, but ECR may spin any mediocre new results and potentially say, hey we have improved on the previous owners results. As the video states, the previous owners didn't go down so deep, and I wonder what methodology the previous owners used? Different methodology potentially means comparing results harder.
Did make me chuckle when Mike mentioned 'inferred resource' and 'old timers' in the video. I've said it before on here, this is unlikely to move significantly AND remain higher, without a measured and inferred resource by an independent, and now Mike is mentioning inferred resource, what a coincidence. Weird right?
Anyway, let's see what the Blue Mountain results RNS says whenever it turns up. At the end of the day it is just another set of results.
I'll also add on here, if ECR want to get that very fine gold out from the alluvial, ECR are going to need a heap leach and cyanide. You can have that advice for free ECR, no need to issue me any free shares. Old timers, inferred resource, you gotta laugh 🤣🤣🤣🤣. Let's see how long it takes before ECR start talking about a heap leach.