The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Sausage, You forgot to give the context : It was in response to the question "What does success look like and what does failure look like?"
Current SP level is a plus IMHO if you are looking to invest in ECR at a low level .
I've added c2.5m over the last month in the 0.2 -0.23 range and am no longer looking to trade.
This is a pure investment for me now so I am looking for progress rather than worrying about a 0.01 day to day fluctuation.
The drill is in the ground and we will get results in the next 8 weeks.
I believe there is one more set of Lolworth sampling results to come (correct me if I'm wrong) and we could get a disposal RNS at any time so potential for that time to be filled with more news.
All heading in the right direction operationally at ECR ;-)
Drilling started!
Well that was earlier than expected after yesterday's RNS.
I though we would be looking at the tail end of next week.
Good to see things progressing quickly ......results should come from the labs early/mid Feb
James, ...I was answering your "What news are you expecting?" question...I didn't mention assays
JV was in the 'could also see' list
Utilisation of the Tax rebate was one that can be added to the 'could' section.
Not in any way saying this will happen. (JV)...but on the flip side no-one can 100% discount the possibility
I won't try answering any of your future questions if all you're going to do is come back with aggressive posts
James, To answer your question, I believe there are still some Lolworth results due from the recent sampling.
Other expected news:
Confirmation drilling to commence at Creswick
Drilling results at Creswick
Drilling target identification at Lolworth
and could also see
Asset disposal
JV talks
Morning James.... 'MIGHT be something to discuss' so not a definitive statement.
It would indicate that news is on the way, however it didn't materialise in time for the interview.
So we should expect some fresh update /news in the near future.
Not exactly bad behaviour (you're being a little dramatic there)
Ok Bottomzup.....I'm sure you'll miss my 2.5 posts per day (I've posted 77 times over the last 30 days).
Your prerogative to filter who you wish.
Not yet, but looking forward:
Lolworth sampling results
Drilling to commence at Creswick
Drilling results at Creswick
Drilling target identification at Lolworth
and could also see
Asset disposal
JV talks
So nothing yet.....but plenty to come
I'm sure they don't .
New direction of the company and time to look forward and not back.
Well Notrex, The price has risen from the 0.2 level it was at a month ago (15% up) and is 4.5% up today so is heading in the right direction.
Any sniff of gold in the upcoming drilling and this will easily be double where we are now IMHO....sentiment is driving the increase at the moment (as it did the previous drop from the 0.3's) whereas results and progress will drive this in the medium/long term. Nothing is baked in to the SP at the moment and that will change with Lolworth results due anytime and drilling to commence within the next 3 weeks.
Another day when buys outweigh sells c11m v 2.5m so far today.
I would not go as far as describing it as 'incessant' buying (as others may), but it is the 4th or 5th day in a row where buys are on top.
Another day when buys outweigh sells c11m v 2.5m so far today.
I would not go as far as describing it as 'incessant' buy (as others may), but it is the 4th or 5th day in a row where buys are on top.
Notrex, 3 buys and one sell so far today, so the 'relentless selling' statement is not valid.
We know there are a number of updates that will drop over the coming weeks which will show progress.....Lolworth will shape up further (at some point the market will realise this is a really good asset) and drilling confirmation will also peak some interest.
So news is incoming to push this forward in to a new range.
I would post it as an absolute, but that would not be true.
Like those who in the past say the SP will drop below 0.x ....based on nothing , but has been stated as a fact.
I expect the announcement to be this week ,but it's not guaranteed....and other RNSs may come (any excuse to post the list again ;-)
News flow due:
Lolworth latest gold sampling results
Lolworth REE sampling (I seem to recall this being referenced in a recent interview)
Drilling Contractor and Drill start date confirmation
Drilling Started confirmation (before Xmas)
Then Drilling completion and results (likely January)
Others that may appear at some point:
Disposal of Assets (rigs/ licenses/machinery/property)
JV (just for you TI)
Further drilling campaigns
So potentially a lot of news flow.
Morning Notrex, Are you actually going to post about ECR this week or just treat it like Facebook and comment on other posters again?
Hopefully we should get confirmation of the drilling contract being signed this week and a timeline of the planned drilling.
Grezzz "Some might even say it's an indication of the writer's intellect..."
While others will recognise that there is no direct correlation between education and intelligence/ intellect and that some 'educated' people are pompous idiots who mistakenly believe that they are better than everyone else.
Opinions vary.
I didn't have the salary sacrifice RNS on the list.....Still plenty more to come over the next couple of months:
News flow due:
Lolworth latest gold sampling results
Lolworth REE sampling (I seem to recall this being referenced in a recent interview)
Drilling Contractor and Drill start date confirmation
Drilling Started confirmation (before Xmas)
Then Drilling completion and results (likely January)
Others that may appear at some point:
Disposal of Assets (rigs/ licenses/machinery/property)
JV (just for you TI)
Further drilling campaigns
Notrex/Grezz.......News flash ......No-one else give a toss about the grammar.
Notrex, Why don't you actually post something about ECR , rather than just lambasting other posters....90% of your posts in the last 24 hours are poster and not ECR related
With regards to the 'sticky hands' selling , Doc said in a recent interview that they review the share register weekly and the investors still had their holding. It is actually a trader who has a large holding and is trading between 0.2 and 0.25 regularly.
Obviously I will take their word for this unless you have any actual evidence that the 'sticky hands' investors have sold.
There you go Notrex, 6m buys in the last few trades....incessant buying commences again ;-)
Don't know why you think the price is down today.
Finished yesterday 0.2325/ 0.2206 and currently 0.2363/0.2209 so slightly up ,but basically flat
...and I used HL for prices as I know they are your favourite (See, I do care!...lol).
Confirmation of the drilling contract and drill start date confirmation will see us break out of this range....that's if the realisation that this is fundamentally under priced at these levels doesn't do it first
You seemed to miss the incessant buying this morning.
The large seller is actually a trader (Is it you?) and not one of those who undertook the share issue .