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Hi Legal,

The Doc interview is definitely worth a listen.....a lot of topics covered.

On Lolworth they are looking to move on to the drill target generation stage. Access to the Lolworth sites is easy and requires little/no civil works so quickly accessible.

I would say that drilling could commence there at the end of this upcoming wet season (so UK spring 2024).

On the Victoria side we are not privy to the 'discussions' that have been had so no idea if any of the Vic assets will be drilled over the coming months.

As I say, worth a listen to the interview. Would be good to get your thoughts.

JV question: 50 mins and 30 seconds in:

https://x.com/themoneysponge/status/1719728092950745401?s=46

The honest answer Mental is no-one knows what discussions have been ongoing on either Baillieston or Creswick.

The last drilling campaign at Creswick was unsuccessful (Doc cites other examples of companies that have had unsuccessful drilling only to hit paydirt on the same licenses with later programmes).

ECR have continued to build up data across a larger area of Creswick licenses through a number of sampling campaigns and while investors love a good drill result, a prospective partner would be able to interpret those sampling results in to potential prospectively ....which us laymen would not.

On the Baillieston front in both Nick & Doc's interviews they reference having conversations with our 'neighbours'.

We know Southern Cross' license is adjacent to Baillieston and you would think, given their stonking results, that they would be keen to expand their holding.

Would you be happy if they did offer a 10% or 20% free ride JV for ECR on Baillieston ?

Lol.....I don't think Nick is going to allow that wheeze any more ...as he says he's being very "Scottish" (his words not mine).

His interview from yesterday (only 6 minutes)

Https://www.proactiveinvestors.com.au/companies/news/1031533/ecr-minerals-confirms-genuine-bonafide-exploration-potential-at-lolworth-1031533.html

Mr 1.4 , You forgot to mention that they only get paid their shares next quarter if the SP is higher than the 14 day average.....so if the SP does not rise they will be paid nothing.

Mental,

A JV at Baillie would be the optimistic interpretation of what Doc said.

He did say that contact had been made by a number of parties and some of the the discussions involved Baillieston.

That could have been anything from Will it be for sale?, Can we JV? or can I pitch a tent on the field in the license?....no-one knows.

In the interview they did also say being new BOD they have received many calls about assets both in Queensland and Victoria. Some of these calls are "interesting" and have "had follow up" and they have "sought secondary opinions" .....read in to that what you wish.

We cannot say for sure if any discussions are or are not concerning a JV ....at the moment it's all speculation.

https://x.com/themoneysponge/status/1719728092950745401?s=46

Mental, If this were their only source of income then I would agree.

However we know that Doc also makes money on share trading so is not reliant on this salary alone.

Thanks 1.4....Trying to see the point of your last post (Does not relate to ECR and contains no substance?)

Doc interview was very positive and spelled out some of the direction they are looking to take.

https://x.com/themoneysponge/status/1719728092950745401?s=46

Some of my favourite bits were:

The BOD are frustrated that they feel some posters on the company are based on "judgement of past endeavours" and the new BOD have not been given a chance to implement the changes that the are making....He acknowledges that they will be judged on the outcome of their results moving forward.

Hurricane was in their opinion overpriced with a value in the region of a$6.8m being applied to it. Karaparinga (KP) is 2.5x the size and they believe that KP can be advanced as fast as Hurricane could have been.

Being new BOD they have received many calls about assets both in Queensland and Victoria. Some of these calls are "interesting" and have "had follow up" and they have "sought secondary opinions" .....read in to that what you wish.

Also when mentioning the proximity of Baillieston to Southern Cross Doc also mentioned that there is a lot of interest being generated in the areas and some calls taken have included the Baillieston asset. He was very general and not specific on the content or outcomes as he is bound by what he can say.

Lolworth: Since Sept the BOD feel that they have had positive update after positive update but this is falling on deaf ears.

They believe Lolworth is shaping up to be a legitimate asset , it has easy access for drilling and they are looking to move forward on to drill target generation.

Fallen 0.008 since 10:30 this morning (wow!)......of course it is 0.05 up from where it was this time yesterday.

Mr 1.4, You really should not worry about such small intraday changes...unless you want to trade (given your track record I would not go there).

I'm done with trading ECR now (unless an obvious opportunity arises) and am fully invested for the medium/long haul.

After listening to the Doc's interview yesterday I am convinced that ECR will being a much more favourable position on a number of it's assets and projects over the next few months and the SP will reflect those changes.

I feel it is lagging behind all the recent results and developments from a market value perspective....plenty of upside to come

I've had another top up based on the interview......I feel like there is going to be some very positive movement and updates here over the coming 3 months

Interesting interview yesterday , which as I type has been viewed 416 times.

Some of the points covered:

The BOD are frustrated that they feel some posters on the company are based on "judgement of past endeavours" and the new BOD have not been given a chance to implement the changes that the are making....He acknowledges that they will be judged on the outcome of their results moving forward.

Hurricane was in their opinion overpriced with a value in the region of a$6.8m being applied to it. Karaparinga (KP) is 2.5x the size and they believe that KP can be advanced as fast as Hurricane could have been.

Being new BOD they have received many calls about assets both in Queensland and Victoria. Some of these calls are "interesting" and have "had follow up" and they have "sought secondary opinions" .....read in to that what you wish.

Also when mentioning the proximity of Baillieston to Southern Cross Doc also mentioned that there is a lot of interest being generated in the areas and some calls taken have included the Baillieston asset. He was very general and not specific on the content or outcomes as he is bound by what he can say.

Lolworth: Since Sept the BOD feel that they have had positive update after positive update but this is falling on deaf ears.

They believe Lolworth is shaping up to be a legitimate asset , it has easy access for drilling and they are looking to move forward on to drill target generation.

More results are due from Lolworth soon and the BOD really, really like how Lolworth is shaping up.

Doc stated that they are looking to develop assets without any near term requirement for a raise and that they can advance assets more than the market gives them credit for.

There are potentially a$1m worth of inventory that they could monetise on top of the recent raise and they "don't need to get the cap out" any time soon.

The company website and presentation are out of date and this will be updated in the next 4-6 weeks.

The above are notes from elements of the interview and there was a lot discussed in between the points above.

Https://x.com/i/spaces/1MYxNobmOQLKw

Oh the hypocrisy....Mr 1.4 just referenced this post on the DEC board ...PMSL

“GG has been posting incorrect or just plain wrong information on this board for a time. He pops up when the SP goes down and tries to wind up anyone who will listen with stores of disaster. If he is challenged he just keeps posting rubbish about DEC and how it is going bankrupt. If you engage with him he will takeover the board with endless posts, incorrect figures and information so I can understand when someone get frustrated when he appears. I just ignore all his posts.”

Agreed Dan that it will be news that drives the long term growth of the SP and 'the plan' will set the stage for that in the near term.

The communication has improved significantly , but this has been on the back of 7 RNSs in October.

A lot of people talk about ECR being hyped, but in reality a lot of the 'hype' is actually dissemination of the news updates and discussions on the potential of ECR ..I've not seen any outlandish claims (10p by Xmas ;-) and no-one has provided examples of 'hype' when I have asked on multiple occasions.

The momentum is slowly building here and ECR has some cracking assets (Lolworth could shape up to be a great multi-mineral asset) . 'The plan' could be what tips this momentum in to some really positive upward movement...£3.5m mcap seems very cheap.

We wait to see.

Https://www.proactiveinvestors.com.au/companies/news/1031533/ecr-minerals-confirms-genuine-bonafide-exploration-potential-at-lolworth-1031533.html

Tamer, The 9:45 'chat' was yesterday.

The interview today is at 1:30

Https://www.lse.co.uk/rns/ECR/gold-bearing-quartz-veins-discovered-at-lolworth-bjz6989xngxg331.html

For those who missed the RNS this morning amongst the class clown's usual antics on the BB.

Another positive update from Lolworth.

The company believe the gold system extends further than currently proven.

They are also working towards drilling targets.

Mr 1.39...I see you have popped up trying to disrupt the BB again (and putting another negative thread headline) when a good RNS is released.

I'm not going to feed the disruption so won't be replying any more.

Good luck getting your buy in target though as you obviously believe there is good money to be made in ECR

You have already stated you want to buy in further:

27th Oct :"Didn't quite get my sub .2p buy - but not far from it."

Hey, the BB entertainment is back (Morning Mr 1.39):

"Finding gold in VIC is like finding snow in Antarctica"

You do know Lolworth is in Queensland 🤣🤣🤣

Excellent news and the system may extend.

They are also working towards drilling targets.

And we have identified another investor

https://twitter.com/DavidLenigas/status/1719254428333547581?t=1haDrYbh7twWVagkK3TiOQ&s=19