RE: Abundant Gold2 May 2024 16:01
not said in a derogatory or deramping way. very knowledgeable. you clearly listen to a lot of the podcasts as the language you use is very similar to mike ******* when you say "absolute beast!" for a moment i was going to call you a younger version of mike ******* !!
the only thing i would disagree with you on in your last post was the "fully funded for the year" they raised over £1m in 6 months based on the rns dates. with all the multiple sampling, trenching and drilling programmes i do feel by the end of the summer they will be out with the begging bowl again. if they got through enough ££ from septembers 23 raise to warrant another raise in march 24, then all this extra activity will only consume more ££.
ecr are still not selling any gold. the facts of the matter are they are only sending samples away. they have no announced plans to start producing, but what they have employed is a scattergun approach to comms. repeating the same stuff by nick and mike across multiple investor platforms. it's all jam tomorrow until they get an inferred, indicated, and measured resource. anything else is just there own guess and the way they want to spin it out to the public. they can and do talk it up, but strip away the 'expects' ' i think' ' very very soon' and the 'quite encouraging' and what have ecr actually achieved / got?