Member Info for TalkingSense

Yes, your random number of 2.0000000000001 is greater than 2 (good knowledge).

The quoted grades of 31.3 g/t and 30.13 g/t are also above 2 as well as the other multiple grades that were recorded above 5 g/t.

And Notrex, your negative headline you've pushed all day was not quite correct.

A fifth of the samples were GREATER than 2 g/t so the grades were ABOVE the lower end of commercially viable grades.

I know you like to grasp a number out of context so I thought I would just point that out for you.

If that last trade was a sell at such a good price (0.295 ) then there is a good chance of an immediate tick up tomorrow.

I think it's a buy though Notrex

Arahim,

Another nonsense post like last week's 'logically it will go sub 0.175'.

The standard of deramping has gone downhill.

At least we used to get some sort of pseudo logic.

Marginal RNS.......commercial grade samples and Hurricane being negotiated to a better deal for ECR.

Or the last 'new license' RNS.

Or the previous 'funding sorted'

I'd like to know your definition of 'marginal'

So we've had conversations and accusations of 'forward selling' for the last 2 or 3 years on this BB and now all of a sudden it's claimed it does not happen?

And then we are in the middle of constant P&D postings....however the end of last week saw c20 trades a day (last time I saw a P&D the SP rose 50-100% in a day and the volumes were huge based on no newsflow).

We have simply had plenty of newsflow and (as I have asked 4 time and received no examples) there has been no outlandish ramps saying stupid SPs or promising things that the company cannot deliver.

There has simply been much better and wider communication , which this BB has been craving for months.

Some are basing the P&D theory on a Twitter post of one person claiming they knew another person who was doing a P&D (for balance I now a man down the pub, who knows another bloke who said gold would be $3000 an oz by xmas...lol).

Rumour and speculation with little evidence on the negative side

Good grades (commercially viable) today, renegotiation of Hurricane deal, funding in place, a fresh outlook from the new BOD and re-assessment of all assets on the positive side.

To be fair Notrex , you were calling out that the share price would drop when you sold at 0.2 ...so you're not exactly the ECR oracle

Mentalmax ,

You can't really compare Hurricane and Creswick when it comes to sampling grades converting to drill grades.

The nuggety nature of Creswick means that drill grades will be hit and miss to a much greater degree whereas Hurricane should have drill results more consistent with sampling.

Tamer,

You asked a question, got a definitive answer and then repeatedly questioned the answer because it wasn't the one you wanted. There was no opinion.

I'm sure everyone would respect your opinion if it was qualified with rational or reasoning (as you have in your last post)....even if we don't agree with it.

FFS Tamer, What idiot would plough money and effort in to starting a drilling campaign in to a project that may be cancelled within the next 4 weeks?

If the BOD started drilling before the signing of the deal then they would get absolutely hammered both on here and in the SP after preaching that they would take a more prudent and informed approach.

You are really starting to look silly now!

Take the good win today of the commercially viable grades and renegotiation of the deal so that it reflects the future potential of hurricane and stop with these outlandish ramps/ predictions, based on nothing, which distract from the facts and do more damage than good.

Tamer, It takes many weeks to identify and plan a drilling site, then get the drill onsite and operational.

Given that it could be a month before a deal is finalised for Hurricane there will not be enough time for a drilling campaign to be formulated and executed, and they sure a hell won't put those plans in place before a deal is signed.....

....so Yes I can say that for sure

Tamer....No , there will be no drilling this year

Notrex, The thing you are failing to grasp is even if the grades are from the 'lower end' of mines as you claim....They are still commercially viable grades.

You must vbe happy as you were worried about the BOD being secretive and not open abour Hurricane and now they have laid out where we stand.

Reviewing/Revising the agreement is sensible as we don't know if the terms agreed by Ah were at 'mates rates' and now we have more information about the potential we can see if the proposal needs amending in line with the market and the potential. We will see at what level that revision is and if it is acceptable to both parties.

Https://www.investegate.co.uk/announcement/rns/ecr-minerals--ecr/hurricane-option-extension-rock-chip-results/7789495

Trying to figure which of Jerryrubenstein and Goldfinger are Luca.

Or are they both?

Ground =found

AH has ground himself a new role as MD of Allup Silica in Aus so he hasn't taken long to move on.

Mental,

Few are invested just for Hurricane so don't think we would see an exodus.

Lolworth is the elephant!!!

Tamer,

What has a closed period got to to with the the release of news?

Not quite sure what point you are trying to make or if that point makes sense...can you explain what you mean

Hurricane option expires at the weekend, so hopefully we shall get clarification one way or another early next week.

Still think it's a strong possibility we will pull out and that's why AH has moved on (he will not be happy that he and the rest of the old Hurricane BOD will not be getting a payout if it falls through)

Mental,

They are probably looking in to if mga can do a reverse takeove of an existing cash generating company and then mga detaches from ECR and the other company utilises the tax breaks with ECR somehow receiving a payment.

Need a very good aussie corporate tax lawyer.

If they can find a way vould be 7 digit payment to ECR....that is an IF!