Some of those 1m trades are within seconds of each other so could be Bed & ISA trades......someone want s to guard against paying some tax on their profits in the future :-)
Just need to get some orders (a lot of posters in December said the deals were basically done so I am surprised there have been NO orders confirmed by the company)....Still waiting
Just the optimism of lockdown being lifted in the UK. Can even see this going as high as 1700 with sentiment as the optimism reaches a peak in the coming weeks. Then the financial reality will sink in over the coming months and will settle sub 1400.
Agree AG, Just looking short term for the top up. This will play out VERY interestingly over the coming weeks. Holding for the long term as the roadmap that seems to be set out here should play out nicely.
Some good grades over decent lengths would be a good start.
Only takes one warrant holder to be significantly top slicing or selling off on a low volume day like today to keep the price down (it's only 2.6%). Selfishly just hoping that the assay results don't drop this week as plan a top up at the end of the week.
On a side note , has anyone noticed that DocH has not posted a single tweet about ECR since the bout of warrant exercising a few weeks ago, despite the SP rising up to 30% during that period...I wonder who one of those warrant holder sellers was? ;-) The thing I like about Twitter posters is that they are not self serving at all.
RE: Spreading the news of the "once in a lifetime elephant resource"16 Feb 2021 11:53
Monochrome...I'll return the favour. Have you seen the recent interviews by Craig Brown over @ ECR. If you want to see a short/mid term multibag opportunity then there it is.
Annoying isn't it when someone goes completely off topic and ramps another share.
Apologies to all other posters here ...just proving a point to Mono' and it's the last post from me on this BB and good luck here (nice rise today!)
...the drop from 4.25 was due to no news at that time and Shenyang selling 55m warrants shares. They bagged a cool £1.1m+ profit on those and used the money to exercise a second tranch of 55m on a free ride and have indicated they are in for the long haul and will assist ECR wherever possible (Shenyang are a $1bn company) including offering help building a mine - CB interview a couple if weeks ago.
Gino, You've got to included the volumes that will undoubtedly be reported after the closing bell today & tomorrow. I get the feeling that will take us well above 12m
Dill, I've not a clue …...We will have to be guided by the results on grades, lengths and depths. It's nice to have part of ECR that has not had it's expectations set ahead of time.