Member Info for TalkingSense

Exactly Mentalmax.
I don't get the rx logic that you shouldn't buy ECR because thr sharr price is low????
Should we wait until thr SP is high before investing?
Interesting strategy.

Many results upcoming so SP won't be at these levels much longer IMHO

In case you missed the interview yesterday:
https://www.youtube.com/watch?v=q38EeLRxu24

First 4 trades this morning was me sticking another £10k worth in the ISA

also , that shareholder list is from June 2022 so out of date.... wouldn't show any recent trades.
No holding RNSs have been released so their positions will not have changed significantly, if at all

mental....That'd be difficult as they have been in a closed period for 6 months+.
Once Itagon is sorted they will be free to buy....they have indicated on a couple of occasions that they are keen to do that.
Anyway I think that's been covered many, many, times now.

Paul, From the RNS
"Details of the Transaction

Panther Metals plc and Bluekebble Pty Limited (together, the Sellers), who between them hold 100% interest in the Tenements EPM27175 and EPM27183 (Panther Metals 30% and Bluekebble 70%), have agreed to sell the two tenements to Lux Exploration Pty Limited, a subsidiary of ECR."

So we will have 100%...that fish just got bigger again ;-)

Morning all, We should start to see a steady stream of Creswick results now:
The 80 rock chip sample results from EL006713 to drop any time.
Followed by:
* The initial 297 soil sample results from Slades Reef<
* The 400 soil samples from Bushy Inn Road and the 300/week samples from Mills reef.
* Also we can expect some of the results from some of the initial 10 holes drilled at Slades
.......and somewhere between all that the remaining drilling results from Blue Moon, possible Itagon disposal update and confirmation that the commissioning of the second drill is complete and find out where they are deploying it.

Should make for an interesting month or two.

Rx, I hope it stays at that leveluntil the end of the week...got an ISA to top up tomorrow with ECR shares...can cram in 3m+ at these levels

Lolworth 'substantial gold anomalies' ...doesn't get better than 900sq+ km with two thirds shedding gold /visible gold in creeks + Niobium, Tantilum & Lithium
Creswick currently best 'bang for buck'
Drill ready targets at Hurricane...aiming for July drilling

FUNDS : Settlement cash not yet received for second property sale in Victoria and therefore were not in financial statement bank balance........due soon (so the £600k in the bank is nearer £1m in reality)

They've obviously seen something in the data they've been provided.
Looks like the initial exploration work will just involve digging and sampling trenches.
We'll see how this plays out....not exciting me at this point , but who knows?

Based on reports from previous explorers, the directors believe that there is significant nascent potential at the project.

HIGHLIGHTS

Conditional agreement to acquire Blue Mountain project, Queensland, Australia, which includes the Denny Gully Gold project, for 31,913,196 Ordinary Shares in the Company. Ordinary Shares priced at the Issue Price, being an amount equivalent to the Volume Weighted Average Price (VWAP) of trading in ECR’s shares on AIM over the 30 days prior to execution of the agreement.
ECR CEO Andrew Haythorpe commented: “In laying out our vision for ECR in the strategy presentations in 2022, the Board were clear that ECR would not only examine and consider potentially accretive acquisitions, but that we would also shortlist projects enabling us to maximise logistical efficiencies in regard to our areas of operation.”

“The Blue Mountain marks our third and most southerly project in Queensland. The Board is of the opinion that with our extensive Queensland knowledge and experience we believe the project can be explored for the primary (hard rock) source of the gold in the coming months. We look forward to getting on the ground at Blue Mountain and Denny Gully and reporting back as soon as possible.”

Just need some positive sampling and drilling results now.....over to you ECR

Melville, When you say he's a loser , does that mean you think he's a winner?
Just unsure as you seem to have not grasped the win/loss concept...LOL

PS . The name calling is not called for

With regards to what AH has brought to the party, I believe his experience and guidance has the company are taking a more pragmatic and professional approach to running the business.
And in only a year:
* They have raised £900k which means that ECR are funded for all their activities through 2023 (as stated in the results yesterday, although a further fund raise will likely be needed in Q3/Q4)
* They have undertaken a much more thorough and rigorous soil sampling and testing regimen at Creswick to enable a more targeted drilling campaign.
* As a result of this testing they have identified a parallel systems (plural) at Creswick potentially adding more value.
* They also ordered the whole bag re-test of the previous drilling results at Creswick which significantly upgraded the results significantly.
* Additional licenses have been granted at Baillieston and Creswick which now means we have 10km strike length of DMS under license.

* They have and are in the process of disposing of non-core assets to generate more cash and enable the company to focus (hence why in a closed period).

* They have undertaking comprehensive stream sampling and rock chip sampling at Lolworth which has given extremely good results 'exceeding expectations' for gold.
* They have identified a 10km strike length of Lithium on the Lolworth prospect
* They have identified a separate 10km strike length of Tantalum and Niobium at Lolworth
* Yesterdays results show we have a 50 sq km area indicating a potential combined resource for Lithium, Niobium and Tantalum. BOD opinion is" The Lolworth Project has great potential to develop into a multi mineral flagship project for the Company.”

* They have completed the purchase of a second drill rig at a discounted price to enable cash generation or to be utilised by the company.
* They have identified a potentially excellent project at Hurricane with multiple at/near surface veins of 5-10g/t and are in the process of completing DD.
* They have increased the company shareholding of the Danglay project to 90%.
* They have started a long awaited drilling campaign at Creswick and have identified 4 or 5 other potential targets that they are soil sampling at the moment.

AH is driving the company forward and the last 9 months have been spent doing the groundwork (literally) for the current drilling at Creswick and the upcoming Hurricane drilling programme in July (drill 2 to be tested with a few holes at Creswick or Lolworth before then?).
With the groundwork completed we have started a comprehensive drilling results and have many have said here over the past few months, the soil and rick chip sampling gives confidence, but it's the drilling results that really drive the SP and that's why AH described the current and upcoming campaigns as 'potentially game changing'.
Let's see where we are in 3 months time...the current SP offers a great opportunity IMHO.

RX, If you bought a share based on a 'phones ringing off the hook' comment and didn't do your own extensive rsearch then it's your own fault that you have a massive loss (why should people take advice from investors who obviously are poor decision makers?).
No matter what your average is the truth of the matter is that there is a potentially tremendous upside here based only on Creswick....if the resource 'lode' starts to be proven up (which I believe it will given all the evidence so far) then this could very easily become a £30m+ mcap in the short/mid term and the SP will be 2p+ (even if they do another 300m share placement and we get to 1.5bn shares).
In the longer term if Creswick continues to deliver then that mcap could be much higher with 10km strike length potential.
And that's not taking in to consideration Hurricane and Lolworth (which is potentially an absolute beast and for which I will keep a couple of million shares in ECR for the next few years to watch play out, no matter what).

Rx, M135i...As far as perspective is concerned you keep commenting from LTH point of view who bought in at too high a level (and to be fair only you pressed the buy button)
Not all holders are LTH, or have a high average.
Anyone who is thinking of buying in or has bought in the last couple of months has an excellent prospect of making some serious profit here...anyone who bought in yesterday afternoon are already 10%+ up.
A 'small rise' for someone with a 1.5+ average is actually decent rise for those averaging under a penny.....or under 0.6.
From a new or recent (or those who have severely averaged down) investor perspective ECR holds tremendous potential and positive results from the initial Creswick drilling, a decent return from Itagon disposal or good news from Hurricane or Lolworth will see this 1p+ easily.
Creswick evidence does gove a good degree of confidence that the drilling results will be positive, it just seems the wider investors have not cottoned on to this...once results start to flow we will see if the confidence is well founded and as we process through the process more investors will gain the confidence to invest and the Sp will react accordingly

So what's the SP doing today?...I can't see it

maqsood:
Only rock chip sample results
Multiple soil sampling results over the coming weeks
Creswick drill results
Blue Moon final drill results
Deployment of second drill
and possible disposal of Itagon......
......Apart from that it will be quiet

Agree RX...The Creswick drilling and prospect looks like it's going to be the main driver of the SP (and any disposals) in the short/mid term.
Let's look at the facts:
NOV 22 - whole bag retesting of previous drilling returned improved grades of 0.7m @47.75 g/t Au ,1.1m @ 6.13 g/t and CJD002.1m @ 3.9 g/t from 3 separate drill holes ....They are very good grades
DEC 22 - LIDAR imagery identifies parallel gold systems at the Davey Road Workings and the South Davey and narrowed down a potential location for the primary source of gold mineralisation.
JAN 23 - Additional license granted at Creswick now gives ECR a strike length of 10km along DMS and creates a continuous land package from ECR’s Brewing Lane property at Springmount south through to the outskirts of Ballarat
JAN 23 - Further results have been received from soil sampling at the recently announced Davey Road Prospect . Plotting of all the results strongly suggests that gold mineralisation originates from the North end of a line of historical gold workings, with another strong gold anomaly also present at the southern end of the historic workings. The Board believes these two anomalies represent the outcrop of two possible gold shoots.
FEB 23 - ECR is pleased to announce high gold grades from recent in-situ rock chips sited at the Creswick Project.
Insitu rock chip sampling from two accessible underground locations at the Brewery Lane property and Mills Reef East have been completed. Highlights include 0.7m @ 189.42 g/t Au and 0.4m @ 86.51 g/t Au ; 0.25m @ 441.23 g/t Au, 0.15m @ 140.83 g/t Au and 0.25m @ 24.92 g/t Au .Widths of reported grades are close to true width.Ground work continues through newly acquired tenements towards Ballarat.
MAR 23 - Drilling scheduled for at least 10 short holes into the Dimocks Main Shale, with further drilling planned subject to progress.
Sampling work at new tenement EL006713 has yielded over 600 soil samples from the Mills Reef system where anecdotal evidence from historic alluvial gold workings suggest at least THREE parallel sources of gold.

All the above are fact and taken from the RNSs - so improved historical results, parallel systems (plural) identified, 10km strike length now under license, good grades from soil and rock chip sampling, focusing in on the source of gold and drilling commencing to start the proving up process.

I agree RX...I am just thankful that we don't have a group of shameless derampers on the board that would ignore the positives and grasp any negative (and create some of there own).
That would be terrible.