Member Info for TalkingSense

If you don't trust the board then sell out and move on before you incur any more losses.
No-one is 'stuck' in this share as the sell button is always there.
IMHO the JV is still on just waiting for the tendered license decision that is out of CBs hands (can't blame him for that)
The fund raise was a mistake (and CB has admitted this).
I trust CB to deliver this medium/long term and that's why I am invested...the second I lose faith in the board I would sell up and move on (not going to happen any time soon:-)

You've got to remember that Alan Green is also heavily invested in ECR so has a vested interest.
I do share his optimism, but thought I would add a little context.

Nothing is definitely priced in at the current level so any good news should see this rise.

A good sign that they are taking on new additional staff . Means that activity should continue to ramp up.
And one with Kirkland connections.

IN ROD WE TRUST!

This is the statement from the results that's driving the fall - due to falling customer numbers.
If they can reverse the trend this will soon bounce back up

"However, in contrast to the summer 2020 period, we have experienced somewhat of a reduction in customer engagement since the latest easing of lockdown restrictions on April 12, 2021, specifically relating to the understandably long-awaited re-opening of hospitality and non-essential retail. We are closely monitoring this, but with our flexible model, growth strategy and plans for the year ahead, we expect customer engagement to return to normal levels before too long. I look forward to updating shareholders in due course."

My 300k top up yesterday showed as a sell.
Not worth getting obsessed about, you can see the trade values and work out the vast majority if that's what you want to do.
But the intraday activity doesn't matter that much if you are holding mid-long term.
I'm more interested in the grades and licenses as that's what is going to drive the share price for the remainder of the year ... 0.05 difference in trading buys and sells this morning for half a dozen trades means diddly squat to me.

IN ROD WE TRUST !!!

Thanks F2S

Interesting to see the phase 2 drilling locations are around the periphery of where the samples were taken and not along the reef sub-outcropping.
I'm sure there is a reason for this .....IN ROD WE TRUST! :-)

Lucky,
Not talking it down, but being realistic...I am very optimistic and have topped up twice (pre & post RNS) today while this is still sub 2p.
Ground samples are just indications so you are not going to get a massive bounce.
Drilling results are more substantive so when we get the next set of results from Baillieston and the first set from CresWick, which will hopefully both be before the end of the month, then you will potentially see some substantial movement if they are positive.
The other thing that will shift the SP in the short term is the tendered license...once that is allocated then I believe JV talks on CresWick will proceed at pace (whether ECR get the license or not)
For the remainder of the year it will be the usual mining grind of periodically waiting for drilling results and the SP reacting accordingly.
Patience is always the key with miners.

Agreed HH/AG, This is a good early indication and in combination with the anticiline hypothesis it is pointing in the right direction , but we need to actually prove it up.
HR3 was just an afterthought in most people's mind when it came to Baillieston so it could be potentially a massive bonus.
Blue Moon is the one for me at Baillieston, but let's keep the focus on HR3 for now.

Anticline at depth and good samples/indications at surface.
HR3 is taking shape nicely.
....and there are so many other prospects at Baillieston

Timed that well ;-)

Morning All.
Another 150k for me @1.9 moving over a bit of SAR profit.
I think we are going to get news on multiple fronts before the end of the month and sub 2p may not be seen again so taking the opportunity while I can.

lol JS, Cereus was only 4% lower than todays SP when you ramped it at the start of May ....not exactly a stellar performer.
Best to get in to miner before they announce a gold find.....TIP : I've heard about this little company called ECR...............

Breaking news : JS in weekly cross ramp shocker !!!!!

Chunkier buys mopping up smaller sales today......but small volume so nothing to be read in to today's trading so far

Legal, The JV discussions are still at a position where they may progress quickly once the tendered license is allocated.
This was the position in February and IMHO we are 'on hold' until that licensevis granted..just typical that is the one out of the 8 that is delayed.
Once allocated then interest will pick up massively and the low trading volumes of this week will be a thing of the past.

The rise to 4p was driven by the expectation by some that the HR3 initial drilling results would be excellent - which they were not. They were initial drilling results testing the extremities of the resource and helped identify the anticline so were not necessarily as bad as some thought.
That combined with the placing (which CB admitted was a mistake, drove the price to where we are).
Since hitting this level we have stabilised and the communication has improved, with Cherry Tree and possibly more importantly, CresWick now being drilled we are likely to get newsflow and that will drive the SP.
The other big news will be the tendered license which I believe will trigger JV discussions with all 3 interested parties if awarded to ECR.
So I think we are in as good or (with CresWick drilling) a slightly better position than we were at the 4p ...from a mid/long term prospect position.
From an Sp point of view this has not been realised , but 1 or 2 pieces of good news will quickly reverse the SP issue IMHO and the value will start to pour in.

js, I don't know why you are disappointed...nothing has changed.
Yes the communication has improved and this will help maintain confidence when news starts flowing in.
The bid has been stuck at 1.85 for many days in a row now and I can't see it moving until we get some drilling results or license news.
If you are disappointed that few tweets have not shifted the SP then investing may not be for you.

Yesterday's tweet said they were drilling hole 2 at Cherry Tree

...especially the core we got Craig to stuff that gold bar in to the other day ;-)