The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I took it to mean he will ask your questions next time he interviews Craig, as he had just finished the one to be released tonight and tomos in 2 parts! I could be wrong though but thats how I understood the dialogue I seen on twitter.
We know the grades where we hit the reef will be good as visible. So the next holes will no doubt have been chasing that reef. He would know that if they come up with nothing and if he has done this placing after purposely not telling us as results bad! then there will be mass exodus out of here on assay result day and no one would invest in him again! So i reckon decent results must be coming very soon! Can't explain why he did placing first though in this scenario unless it was to let people in! Maybe there are other explanations!
I will be abit annoyed if the drill results are no good. Not because I expect them to always be good but it will then look like he seen the results and thought he wont show the market so he could get the placing done. However I don't think the results will be bad I think they will be amazing and he is raising cash to seriously accelerate drilling.
I don't know but assume that even if drill results are poor it doesn't matter much if horizon is set far enough into future. We have own drill maybe soon drills, aggresively drilling overheads are minimal, plenty of funding, I believe we will defo get good grades at some point as gonna be constantly drilling. SP might go up abit it might go down abit but I been here over a year and happy to hold for another couple! I am feeling quite comfortable as I believe this company will be multiples of this sp in a year and multiples of that the year after!
Yeah I didn't think there was any chance of a placing here either. Also seems abit rum with the not giving the assay results when they had recieved them. However ECR still the best company on aim and in a week or two once this placing shock is over and maybe we have used the funds to buy an extra rig or two hopefully positive news will be flowing and this dip will be distant memory.
In presentation it mentions ecr In advanced discussions with multiple interested parties over Creswick. I new we were having discussions with more than one but thought only advanced discussions with one! Glad to know advanced discussions are ongoing with multiple companies!
This week or month? I am wondering if we have an update today! Well overdue I wont be going anywhere if it doesnt come for 6 months even! But lets face it any day now is highly likely it is well overdue! I have my fingers crossed for 11am :)
Idk i am not very worried tbh even if something had gone wrong with our drill, it wouldn't be long until it was replaced or mended! Shinyang heavily invested and sure would do their best to sort any malfunction! Hasn't been a long time really of no news we are all just getting abit impatient! I would rather they give meaningful news next rather than just a photo of our king drill!
Yes but the people selling are only people that wanted quick profit and would be prob selling out anyway as soon as drill results or JV news! SP might be down but I still have same number of shares, I have been on this boat for a quite a long time and have done alot of research! I wont be selling much until much further down the road as I think ECR is one of the few shares on AIM with serious upside potential over not only the short term but also next couple years!
Yeah thanks for that. Just listened he does seem to say we have had the assay results back however I wonder whether he meant by that we have had our (in house) assays and still waiting on official assays and that is when we will release the assay results? I just can't think of any other reason why he wouldn't release the results. I very much doubt they will be bad with visible gold present but even if for some reason they were we have our own drills and this was first hole with more results every month wouldn't be a total disaster even if they were terrible!