Member Info for TalkingSense

JV......Having said that, once we get some initial drilling results and an idea of the resource then a JV prospect comes in to view.

Although all the noises from AH seem to indicate that ECR would look to go it alone on Hurricane if they can,

If the Tornado resource is as easily definable and in a 200m x 20m radius then it could be relatively cheap to mine out.

Tamer, There is absolutely no chance of a JV at this stage....too early

No CEO of a company will sign off on a JV without any drilling being undertaken.

I'm sure there was a discussion on this a couple of weeks ago when you raised the same prospect.

Yes, Shows that there is some anticipation for what ECR will achieve in the next phase.

Both Hurricane and Lolworth have been 'living in the shadows' while activity at Victoria was still being undertaken.

Now they are finally coming in to the light and people are taking notice.

We have a plan of action at both and are entering the stage in both licenses of realising some real value we have two potential game changing licenses that could take shape over the coming months.

Any hint of a resource at either and the current £5m mcap will be peanuts compared to where this will land.

Tamer, Yet another post with nothing to do with ECR....and about the 20th time you've posted the same thing.....

We get it , you don't like Notrex.

.........watch out for that sandbank !!!!

Morning Notrex,.....I'm being nice and resisting the obvious premature rise comment.

Loved the jet post ....possibly the funniest thing I've read on the BB this year.

Let's see what 'bits and bobs' we get updated in AJ's interview (I assume that will come tomorrow)

I love the way you pretend you've blocked him when obviously you have not...lol

Why don't you concentrate on ECR rather than your childish spat?

Back at ECR...Good rise today and the late trader sells should give us a nice floor to push on again tomorrow.....another 20% anyone?

Oh, And the CEO took a previous exploration company from £8m to £250m valuation.......

....again we are sat at £5m at the moment ;-)

Remember when this did 20% a day for 6 days in a row....and that was just on rumour from the previous CEO.

Now we have an actual plan of action at both Hurricane and Lolworth....and a mcap of a mere £5m

For those new to ECR below is a quick summary of where we are:

First target at Hurricane is the Tornado prospect which is 200m long with widths of 3-20m and has previous good sampling and channelling results up to 17 g/t

The access track for Tornado is being cleared and rock chip sampling will start in the coming weeks to identify drilling targets.

Hurricane is classed as "late stage" as the reef is easily identifiable and in the words of AJ (geologist)"just needs drilling out" to get a resource

Lolworth covers 900km2 and initial gold stream and sediment sampling show that tow thirds of the licence area is "shedding gold" - AH

A 10km2 ridgeline has been identified initially testing positive for Lithium and a separate 10m2 ridge has been identified for Niobium, Tantalum and Rare Earth Elements (REE) .

There is a second ridgeline which shows the same properties as above, but is treble the size and as yet unexplored.

Further soil sampling is being undertaken to narrow down the source of the Ni-Ta-REE and we are expecting the first of those results any time

What do you think the AH interview is about?

Rig /Property sell.

Hurricane Update

Lolworth REE samplimg

Lolworth gold sampling

Itagon Sale

License Sale (Bailliston?)

On announcement of the Hurricane deal we got to 1.2 ....and now there is progress on that front with sampling and drill targets being identified ....will look to exceed that on Hurricane drilling at least.

And then there is Lolworth....just read through the RNS with Lolworth in the title and listen to the interviews (just not the AJ one from a couple of weeks ago;-) and you will see what an absolute beast that has the potential to be and how massively undervalued ECR is

Calm down Tamer....This hasn't even got started yet.

A loooong way to go with this once the positive results start coming in.

This is just the pre-appetiser.

(please don't constantly flood the BB with one line 'boom' posts like you usually do)

Oh, and forgot about the new rig that is also for sale...those disposals could take us well in to 2024 before we need more funds

Hamodeh, The property sale cash was not included in the £316k so we have that on top.

The company is fully funded for all activities for the remainder of 2023.

they will need to raise funds before the end of the year, unless there are further disposals (we have another property for sale, Itagon in the Phillipines and some of our non-core licenses may also be sold.

If there is a raise late in the year I expect that to be at a much higher level that today's SP.

There is a lot more to come from both Lolworth (gold, Lithium, Niobium, Tantalum & Rare earths) and Hurricane (late stage project) with regular newsflow over the coming weeks/months.

Intriguing......results, disposals, another RNS to be discussed???

"We were walking through the Hurricane project and tripped over a gold nugget the size of a small dog!"...now that's be nice...lol

Pepe, I think you will get back to your average this year ;-)

The market is waking up to the late stage/easily identifiable prospects at Hurricane and the potentially huge REE and gold finds at Lolworth.

When the next set of REE /Niobium/Tantalum/Lithium results are released I feel that the market is going to sit up and take notice.

That's our hope as well (for you)

There is good cause to be optimistic in both Lolworth and Hurricane.

Hurricane historic grades have been excellent with the Tornado prospect (the first one we will drill) showing historic grades of up to 17g/t and the Lidar confirming what was thought about the length and breadth of Tornado which is 200m long and 3-20 metres in width. So all as expected to date.

On the Lolworth front the gold sampling results to date have exceeded initial expectations.

As a bonus we have discovered a prospective 10km2 area of Titanium and a separate 10km2 area of Niobium, Tantalum and other REE minerals which have had good results in testing to date. The aim of the upcoming testing is to zone in on the source of these minerals and confirm the extent of them.

So in Queensland all results to date have been to or beyond expectations and positive....unless you have any ECR related QUEENSLAND results that you wish to point out that would discourage optimism (without referring to other areas of the country that have a different geology and no relevance)

Thanks Notrex, So you are agreeing with my point that positive results, (we are due many results over the coming weeks/months) will see this rise.

I can't see what I am 'at again' and what you are disagreeing with?

Legal, Yes, just topped up 109k shares @0.339 to get my holding to a round number (my OCD was going mad :-)

Steady buys coming in this morning and this will gain some major momentum as the Hurricane and Lolworth sampling results roll in over the coming weeks.

Interesting times ahead.

Tamer, You have probably put mord people off the ECR BB with your incessant baiting of others, one line multiple incoherent posts and repeated copy and pasteing of old news.