Member Info for uinsionn

Bottoms in, looking forward to updates on Sweden and Finland should land next week, fully funded and risk free from our point of view one good strike there and it’s a big move from here, erris currently valued at cash levels, not value added for our gold plays, silver, lead and zinc, metals which are all moving higher. Awaiting news on progress on Jv with regard to abbeytown and new asset too, looking good from here, rerate very possible here on the right news

Have said we are currently well undervalued and that our cornerstone investor would be more than happy to take part in any future fundraiser, Anton keenly said he wouldn’t be looking to raise under the ipo price as he valued the current agreements, assets and partnerships higher than that, but never say never is stamped in my aim book. But if they can get a Jv on abbeytown which agrees to refund money for works completed it may unlock enough cash to acquire a more advanced asset which in turn would raise the share price and put the company in a better position, there has been mention of copper assets which I think would be a good play for the company. Key management here have an understanding of where they want to get too and I believe a sensible plant to get it there,let’s see how the meat on the bone unfolds

Joe I look at both sides of the coin here, upside potential is huge, downside is minimal as we are valued at cash, with free rides in both Sweden and Finland in the bag thanks to one of our very wealthy partners, updates due on those very very soon. One sniff of a good result there and this will move greatly as it’s tightly held and won’t take much to move it. I have also conducted a site visit in Ireland and have spoken with the BOD who are pretty straight up guys unlike some I can name on aim, they conserve cash and have been doing their work on time and on budget, advancing a key play in Ireland which is both low cost as it’s shallow and all working and infrastructure in place, open mine area too. Unlike some in Ireland who continue to push their assets which are either too small, too deep or too costly erris is sitting on a potential site with good grades and extensions, exceeding the 10 at 10 ratio for a economical and commercial mining operation, but also key here a low cost project

Highlights

· Commenced fieldwork in Finland as part of strategic alliance with Centerra Gold

· Centerra Gold funded mapping and prospecting carried out on new targets in North Sweden

· Soil sampling at Skreen in Ireland, resulting in high priority targets, confirms the importance of the Ox Mountains Fault on controlling mineralisation

· Submitted renewal reports for the 100% owned Abbeytown Zn-Pb-Ag project

· Data review and first pass soil sampling completed at the 100% owned Irish Galway zinc-lead-silver project

· Maintaining tight control on expenditure with cash of approximately €2 million at the end of May

· Evaluated several new project opportunities and remain focused on identifying and securing a new core asset to build shareholder value
Nothing but meat on the bone really.
The 100% owned Abbeytown Project, including the historic Abbeytown mine, is a key asset for the Company. Work to date has proven the potential for a high-grade Zn-Pb-Ag deposit and underground access allows direct access to the mineralisation with several high priority targets to test. Due to the current challenging market conditions, the Company will be looking for joint venture partners to advance this project.

little quiz for all you aim gurus out there, can you name me another tiny market cap company with 2 billion dollar backers erris has a Jv partner worth 3.26billion and a cornerstone investor with 19% worth 2.38billion,erris 1.6m same as it current cash level, there is always going to be one to change the trend joe, updates coming on drills in Sweden and Finland find the right asset there and it’s 3m in our back pocket, that aligned with a Jv agreement in Ireland on the progressed abbeytown asset which includes a refund of money already spent on the asset and a more advanced copper asset into our portfolio could be the dream ticket, this is not a one trick pony company and have been doing their business correctly and not wasting money, new asset could be in a new European country watch this space. One to reverse the trend.

First piece of news is coming - update on Finland and Sweden, one good discovery and more cash from Centerra and we will be laughing all the way to the bank

Expect the updates on Sweden and Finland to arrive any day now, hopefully a good indication of progress on the ground with regard to gold discovery with our funding partner, Abbeytown Jv could land anytime, new asset news could be of big interest as the company stated they were looking at a more advance copper asset, big boom coming here soon

News must be close on Sweden and Finland I know it was going to be a September update on that, but we have the wildcards of the new asset announcement, and of course the big one that could land anytime which is the Jv on abbeytown, stock looking tight, this had an ipo price of 25p and has advanced their major asset very well so should be higher than ipo price realyy

On 2 small trades, free float has been transferred to sticky hands, newsflow coming and its going to be a multibagger, underlying order here too for more stock

Ticking up now, background buyer still at work, rerate will happen here soon imo

Renewal reports and supporting documentation have been submitted to the Exploration and Mining Division in Ireland for five of the six prospecting licences ("PLs") held over the Abbeytown Project in County Sligo. Five PLs covering Abbeytown and Skreen will be renewed following significant expenditure over the past two years including soil sampling and drilling, both from the surface and underground. The Company has decided to surrender one PL north of Abbeytown, which covers Ballysadare Bay and part of the Strandhill peninsula, as the ground is deemed to have little potential for shallow, economic mineralisation. It’s been renewed spoken to the BOD several times over the last few months, currently actively seeking a Jv partner on abbeytown

We are entering a news rich period from the company, the company has been going about its business well, conservative on their cashflow, been seeking a JV partner for abbeytown, focusing on our fully funded projects in Sweden and Finland, they have been evaluating new projects and I think we are near seeing some good positive announcements from the company, one that excites the market and we can expect a good rerate here

The 100% owned Abbeytown Project, including the historic Abbeytown mine, is a key asset for the Company. Work to date has proven the potential for a high-grade Zn-Pb-Ag deposit and underground access allows direct access to the mineralisation with several high priority targets to test. Due to the current challenging market conditions, the Company will be looking for joint venture partners to advance this project.

update on Sweden and Finland fully funded #gold exploration is very close, buy before the news is key it’s going to be tight, we are also awaiting news on JV for our commercial #zinc #lead and #Silver abbeytown asset, also got a wild card asset incoming Which could really awake the market here

Yip been mopping up the loose ones here for a while, a few other strong holders have taken positions here too, I would imagine on newsflow this will move very quickly as limited amount of shares available and the free float has been mopped up by some seriously clever investors who won’t be spunking out for 20% gains here, looking a big returns from these lows

I think the upside from here is huge personally, totally off radar, bottom is in here, we have a great zinc and lead asset in Ireland which we have done the early work on and increased the size and area of the asset, the next step the company is doing there is they are in discussions to bring a partner in to advance the asset. All the results at abbeytown have been very positive and they have said it is looking like a very viable commercial asset, it’s early stage but looks like it will be well above the ten at ten ratio. We also have our fully funded gold plays in Sweden and Finland. We also hold more licences in Ireland and Sweden which we haven’t started work on. Early ground work in the Galway region has been positive too. Update due on Sweden and Finland, also news on abbeytown Jv could land anytime and we could get a major rerate from any of those items. Also having recent conversations with members of the Board they also have a more advanced asset in their sights and an update on that could land too, it’s all pointing to a very positive turn around here very soon, I am holding just under the tr1 threshold here and know of a few more with large holdings who have a very positive outlook here, company doing the work very well, controlling costs, current Mcap under cash position and focussing currently on the fully funded works in Sweden and Finland .

The International Lead & Zinc Study Group (ILZSG) reported the total zinc deficit in the first five months of 2019 has ballooned to 123,000 tonnes, considerably higher than the previous year's deficit of 103,000 tonnes.

Building nicely from here, buys on both exchanges, should see double digits here before update results

Still not much stock about considering, think we will see news either end of this week or beginning of next

Seems he has been buying and selling aggressively lately, seems to be focused on buying Woodford sold down stocks, not worried gave me an opportunity yesterday to buy more here, think once PFS lands we should get a run of news on other stuff here