Member Info for TalkingSense

I too invested in the 'old' ECR,
Thankfully the old BOD is no more and this is literally a new company basing it's licenses and focus in the Victorian gold hotspot rather than the risky Philipines & Argentina with their political baggage.
I have invested very heavily in the new ECR as I have a lot of confidence in the consolidation of efforts to Creswick & Balieston and the new BOD are a far cry from the old company and this is only the beginning of the journey....although I sure ECR will make use of the $a35m tax credit legacy from the old BOD.

This will probably consolidate @2.25 ...and then the next push !

looks like good timing

just someone exercising £40k worth of warrants.
Nice to know they want to get them 'in play'

I wonder what nuggets (get it) Craig will be giving us in today's interview?
Will be paying attention to twitter alerts today

Only 4 500k+ trades today I can see & 3 of those definitely buys...the other is not clear

The last 500k trade reported was late reported trade was actually a buy if you check back on the SP at the time.
I cannot see any offloading of 500k chunks today ???

The bigger surprise is Dill calling it!!!.....lol

We did say this should go 2.5+ BEFORE any JV announcement as the mcap is so low.
Still plenty to go here and if you go back and listen to all the interviews over the last month or two you will hear why.

Those who bought in last week have made their 25% and gone.
Will be interesting to see where this finishes today as the 12-15 rise was in anticipation of this news so 3p is already cooked in for this update.
The downside of having great research (and some on here are absolutely excellent) is that updates may not have the surprise element. The upside is investors are well informed.

Hi Fatboy
Alan Green recently tipped this to go to 6p (link below)
https://www.pscp.tv/w/1BRJjYMkOveGw.

In an interview last month Craig Brown said he thought the SP was too low and that is ECR was on the ASX it would be 4 x the SP (which was about 0.8ish at the time I think) and that's before the second offer was announced.

We know a offer has been received for Balieston from the party that we knocked back at the end of last year. ECR went back to them and outlined their requirements. The fact they are back with another offer means they must be at or close to ECRs demands so we should get good value on that deal. If announced that will be transformational from where we are now.

For me the main reason I am excited is Creswick which Craig Brown believes may hold $6BILLION of gold.
He has stated that the world's 3rd largest miner and another party have both shown interest and are doing due diligence on Creswick.

As for future SPs...Balieston will definitely take this up by a multiple...and if the Creswick deal comes off then I believe you will be moving the decimal point on the SP.
I've got my targets and I'm sure others have too, but where this will go will be dependent on the deals that are struck and the speed of drilling programmes/ and results that come through post deal.

I believe that the Balieston JV could be announced at any time.

Punter, You are correct in your observation.
And we have not really got started yet...We are only at the foothills of the ECR JV mountain (I never was good at metaphors :-)

You guys need quicker screens :-)

Well that just jumped up

Excellent, Let's hope they are going to spend it proving up resource and give us some more payments !!!!

Gold (GC=F) was up 0.4% to $1,851.00 per ounceon Wednesday morning, having touched a 9-year-high earlier in the session and remaining close to record highs.

Neil Wilson, chief market analyst at Markets.com, said the rally was a defensive play by investors looking to preserve their wealth in the face of low interest rates and a looming global recession.

“The way interest rates are looking combined with the macro backdrop and the threat of an inflation surge caused by the amount of aggressive monetary and fiscal stimulus, means gold may end the year at $2,000,” he said.

The Power metal deal was an earn in rather than a JV...PJ has history with those.

Ah, those dark days:-(

£215k ...not £15k

Kumar, The new placing is only about a 7% dilution to the shares in circulation and there were £15k worth of late reported trades last Monday (and some other bulky lates the day before & after) so the vast majority , if not all, of the new shares have been forward sold (easy money).
So there will be no impact on the SP although when we get the admission RNS tomorrow morning I'm sure the MMs will do there usual trick (as they did last week) and drop the bid instantly to grab up some cheap shares, while maintaining the Ask. The price will then bounce back up.

I'm going to go out on a limb and say that I think we will get another RNS next week which will be either the JV for Ballieston or an RNS outlining a new drilling programme at Creswick as these fund will have been earmarked for one of those two so the final piece of the jigsaw may be in place.

Jojo's - Gold 5.5% off all time highs....and only expected to rise.

Happy days!