Member Info for TalkingSense

Thanks Melville, And I cannot take credit for the 11:57 post....that's a copy and paste of one of your previous posts ;-)
Wise words

Melville, Some people are deliberately mentioning a low sp etc to try to spook people into selling .When they do the very same people and market makers mop up the shares and hey presto , the well meaning investors are out and the derampers make a killing .when the price goes north . This is being deliberately set up for that like many others. .As clear as day !! Seen it with every share .Prey on sentiment and watch and then pounce

bigger...not big (last 2 trades 999k and 400k buys)

2m buys v 200k sells today so far

Here come the bigger buys...always expect them after the company is talked down

At the end of the day ECR is an explorer and saying that the exploration updates are 'not worth considering' is ridiculous.
And look at the last 3 or 4 updates from Creswick, the whole of bag re-testing upgraded the results significantly, the soil sampling has identifies additional parallel gold systems, the rock chip sampling returned stonking grades and the company has extended the length of the DMS it has under license.
The exploration is the main focus that you should have in an exploration company....Creswick is looking like a very good prospect and is in a 'potential game changing ' phase with the drilling underway.
Lolworth results have been way beyond expectation and longer term this could become an absolute beast ...I believe he term 'world class' was used.

the exploration moving forwards is what will drive the value here and to me, if you look at the last 6 months activities and results and the next 6 month's planned activity , it has huge potential to look very different in a positive way.

For those who didn't read the second RNS this morning:

“Although ECR Minerals is currently in an early exploration phase at Lolworth, it is nonetheless gratifying to see the project take a significant step forward on the back of an extension to the potential drainage sources for Niobium and Tantalum. To already have a 50 sq km area indicating a potential combined resource for Lithium, Niobium and Tantalum at this phase of exploration is an exciting development by any standard. Whilst still at an early stage, these results together with the gold anomalies reported last week (see announcement from Feb 23 2023 here), adds further credence to the Board’s view that the Lolworth Project has great potential to develop into a multi mineral flagship project for the Company.”

Morning Skip....Yes I did speculate 1.2m at the end of January following the cash raise.
I think it was Mental or Dan pointed out that I had not taken in to consideration cash burn from Nov-Jan and I accepted that the number was probably nearer £800k.

Welcome to the board Steven , good to see a brand new poster with just negative posts from the offset...you snip rx and Melville will get on well ;-)

The year end RNS was pretty much as expected...we know that there will likely be a fund raise before the end of the year (this has not changed). the more pertinent question is what will the SP be when that raise is done....the upcoming drilling results will likely dictate that.

Funny how there seems to be a lack of comment on the positive Lolworth RNS this morning

rx last sell was 0.511...you still don't know what the true SP is...lol
only 3 trades so far...sells of £830 and 77p and a buy of £1489
Only the indicated spread has changed.

Still in the same position we were in last week where the Creswick drill results will drive the SP in the short term
Also the remaining BM drill results are due...BM seems to have been written off as zero value, but the last drill result included 6m @ 4.5g/t which is more than decent...still some value there.

Lolworth continues to exceed expectations so will be interesting as that develops.

Thanks for the history lesson (again).

Dan,
They always said they had enough money to see them through 2023 which meant that there would be a fund raise requirement in H2 so no real surprise in the financials.

On an operational front is does say that drilling will commence on Hurricane in July for the second drill.
So could be a double drill in Creswick or sneak a couple of holes in Lolworth between April and the end of June.

Lolworth update was as good as it could have been....looks to be shaping up very nicely.

The year end report didn't really give any news that we did not already know.
However the Lolworth testing results are exceptionally encouraging.
50sq km area of Lithium, Niobium and Tantalum is potentially immense.
And the BOD are saying this could be the long term flagship and therefore could even outshine Creswick which is a potential beast itself...exciting times ahead over the next 12 months.

"The Board is enthused by the possibilities and nascent potential that is believed to exist at Lolworth. While our license tenements there represent virgin territory for lithium, tantalum and niobium exploration, given what has already been identified at such an early phase of exploration, we believe the Lolworth Project has great potential as a future, multi mineral flagship project for the Company."

"including the anticipated sale of properties held in Australia and sale of the Philippines"
So the for sale sign is up at Itagon.
There must be negotiations ongoing which is why the closed period still stands.

https://twitter.com/ecrminerals/status/1641708619350654976?t=Ova0Ss-DDEDX2BlAaTwlmA&s=19

250k trades this week:
Monday 3
Tuesday 1
Wednesday 0
Thursday 2
So six trades of quite a common number in 4 days...nothing to indicate that they are the same person so the 'dumper' may be a figment of someone's imagination.
If it is were person they've only offloaded 1.5m.

Is that your 2.2m buy rx?

Boffin, I agree that proving a resource asap to JORC level so would be preferential to have both spinning at Creswick.
However, I believe that part of the agreement and DD process at Hurricane involved a certain amount of drilling to be undertaken so they may be bound by that agreement and have to send one drill to Queensland.

Dan,
Re the second rig......yes, they said it would be fitted out and ready to go in April.
I think it will be Queensland bound.....It will be interesting to see if it is heading to Lolworth or if it will be sent to Hurricane to complete some DD drilling.

Looks like the Slades Reef soil sampling won't land until the end of the week or next week.
The 80 rock chip samples results should land around the same time.

Last two Blue Moon holes and drill deployment could be anytime as well???

Red Dot watch continues ;-)

And this is below the other article. One for around the Tambo area:
https://www.abc.net.au/news/2021-04-23/miners-tap-east-gippsland-gold-mine-could-be-as-big-as-bendigo/100089724

Tamer, I believe they were on hole 2 at the end of last week...don't think they would be on hole 6 yet.

Sampling results will take a week to interpret and put in to RNS form so should arrive any day now.
Then we have the Blue Moon drilling results which could drop any time...no expected timeliness on those.
BM has been written off by many , but I think still has some value.
The other potential imminent results are the lithium results from the Lolworth stream samples.
After that there will be a steady flow of soil and drilling results over the next month or two.

Plenty to get our teeth into...and hopefully the start of the "Game changing period"

*party ....going to change the batteries in my keyboard(seems to be missing some letters I type)

RX...what is the BE...so we know when to throw the pary.