Member Info for tb1416

Geesh, there's some deramping or some idiots on this board, potentially both.

When you do PoC, you never do anything in size. Its purpose is to test the viability of a product and the potential areas it can be improved in. It's not about optimizing the process and it's not about assessing market demand.

A lot of you are thinking of Prototype stage, which tests the final design of the product and must be done in greater volume than PoC.

Lots of people on here moaning about the 4 tonnes don't understand the idea of 'proof of concept'. As an engineer myself who's constantly producing concepts, the PoC stage is one of the biggest hurdles.

Blue sky here

Oh, another thing to add, my trust in the CEO makes me happy to invest double here than that of a similar company with a poor CEO. Craig is building a good team and getting ECR to be self-reliant and In-house focussed, unlike so many other juniors in Oz. That will serve them really well in a busy 2021

Whoops, clicked post too early! Inflection points for me have been listed multiple times on here already, so I'm not going to repeat.

TB

Hi Taxmaster (and all),

Seeing that you've asked for my PF, from largest to smallest it comprises of: GSK, ECR, SAE, GWMO, EEE and CGO.

ECR is my largest punt, with an average of around 2.5p (higher than lots on here), because it's got so much of an upside and such a small free float (have a look at the number of shares in >3% holders hands) as well as no more warrants to be claimed. SP targets for me at the end of the year varies totally, but I'm at least expecting +1000% from here.

10x my investment would pay for my PhD, a magnitude of claim which many braver GGP holders than I can say from their rises. Sentiment should carry this to 5-6p by the end of Jan, but expecting inflection points on:

Hi Jethro,

Victorian here! No lockdown looks likely and any lockdown would likely be localised in Melbourne.

Can't see our government, local or national, deciding to cut off remote mining areas due to it being so unlikely Covid gets out there. Australia has a chance to recover from this recession well and keeping mining moving is how they'll do it.

Doesn't stop sentiment ScipioAfricanus- take a look at the ECR rise on little news. Expecting something similar here which was why I bought this morning. Lots of people chasing the next major rerate in a gold junior and GWMO looks well placed with such a small MCAP. Could rise to 0.3p just on sentiment and volume this week.

I'm highly expecting something on Lubu regarding the Zimbabwean Coal project within the next weeks.

ECR getting a good mention here from 21:30: ukinvestormagazine.co.uk/2021-outlook-gold-esg-oil-brexit-and-shares-to-watch-in-the-new-year/

Mentioned in the same breath as GGP. Also mentioning that ECR should be resilient to a gold price drop vs larger companies.

NT to buy again, unless you want to top up with £300 worth. Funny how round numbers always present a hurdle for a SP, you see it more often than not. I guess in the end we're all human and like things of the order of 10...

Think we're about to retest that 4p mark this lunchtime.

Lovely day to sit and watch the SP. Early drop would have flushed a few shares from slippery holders and bounce/reversal off the support at 3.4p gives a floor for us to build from. Wouldn't be surprised if we see another test of where that floor is, but it'll probably be more like 3.6p next time. Hopefully, we'll see a nice steady rise with rising supports up until news (which could be from many angles) which will then bring higher targets into play.

Stamp duty

And on a technical level, lots of weaker holders flushed out on that dip. Hopefully shares exchanging to sticky hands.

Currently it's been a nice steady rise which I like as it dissuades traders from going short. Happy for it to climb 5%, consolidate and close strong for a repeat the next day. Hopefully all the way up to 1p, but that might be a stretch on no news. Reckon this would settle around 0.8p on no news.

Hoping this fall back to the 8EMA (which is at 3.4p) will shake a few weak holders out. Will be good for later on as we push higher.

Watch out, next thing BSG4 will be saying is 'next placing at 0.3p IMHO'

Pathetic

I reckon any potential JV candidates would have known the interstate restrictions are unlikely to hold for too long, given that my family in Oz were placing bets on when state borders would close again. They would have taken advantage of it early and headed out as soon as they opened

I'd say it's 10% traders leaving while new investors enter. Perhaps something going on in the background

Copper/Gold mines are safe havens with bull markets in both Darren. Fair play to you for coming back and eating your words, respect for that.

Good luck wherever you're putting funds.

Grant, it'd be pointless to guess. Have a look at other companies which had JV announcements and take a random stab in the dark. A lot of us have bought in for post-JV announcement and beyond.