Ecr Minerals Share Discussion Threads

[onedayrodders] 15/3/2021 11:06

well .. on the thesis of you don't hold back good news
The cynic in me is thinking first grades are uninspiring but perhaps the JV is close so holding out to try and release that news first.

Your mind goes into overdrive in these scenarios

[soulsauce] 15/3/2021 10:31

I am not sure it's concerning rather than hard to fathom the reasoning.

[onedayrodders] 15/3/2021 10:28

yes .. I'd agree the delay now is becoming concerning rather than encouraging

[barony] 15/3/2021 09:55

CB, stop tweeting and start rns’ng! These tweets are pointless repeats of previously provided presentations.

[excellance] 15/3/2021 09:46

#ECR #Gold #Victoria #Australia
🇦🇺
Contains the historic Byron Mine which records show produced 4,416 oz from 8,698 tonnes mined at an implied grade of 15.5 g/t gold.

Small scale manual artisan mine shafts 100 years ago, basically just a few feet from surface.

Today, with modern technology, who knows what lies beneath?

[excellance] 15/3/2021 09:33

ECRs licences are on trend with Fosterville, so the question is "is Fosterville the center?"

Could be that there are similar or even bigger deposits, but shallower, on our licenses.

I suppose that's why we are drilling them.

[once bitten1] 15/3/2021 09:28

I think a reality check is needed. Based on like for like Companies, ECR is on its size and conjecture a 10p share at best failing an extraordinary find or essay findings

[pete_edwards] 15/3/2021 09:23

Well I’d say there’s a 99% chance of news this week, fingers crossed it’s positive!

[lottsgold] 15/3/2021 09:23

I tend to agree Juju but i'mcomfortable with the valuation where it is. Still have the JV potential and there will be plenty of good assays through the year.

[excellance] 15/3/2021 08:49

I think we need to be realistic.

This is hole number one. We will be drilling for months.

CB has made comments at interviews about his opinion, which independent lab reports will verify.

If the assays are good CB may order more drilling rigs as mentioned at interview.

I think 2021 will be a fantastic year for ECR, but we need to be realistic about hole number 1 and patient about the overall program.

[juju44] 15/3/2021 08:37

Delayed news is rarely good news

[excellance] 15/3/2021 08:34

New tweet out referring to implied grade at Byron based on old mining records.

[lottsgold] 15/3/2021 08:26

They must be planning to release multiple hole assay results. That wasn't the original plan was it? We're the results so good they needed to confirm or so poor they need to hide that's the question for me?!I'm putting my money where my mouth is on the former as the XRF results were reported positively.

[excellance] 15/3/2021 08:10

He hasn't said anything in two weeks, yet there may be more to say now than ever!

[onedayrodders] 15/3/2021 08:07

I'm happy for anything except another CB video interview saying the same old thing

[excellance] 14/3/2021 16:41

I wonder what the next week will bring?

They did envisage releasing the XRF results but decided to wait for the official independent lab assays. They got those back two weeks ago and must have completed hole number 2 from the same location, so have they got enough info to release a considered interpretation yet?

Gold is still consolidating but looks like it's bottomed, so a rise in gold prices from this point looks likely in coming weeks and months.

Exciting times.

[excellance] 12/3/2021 17:03

My little limit order got filled at 3p, just 30,000 shares.

[excellance] 12/3/2021 16:50

It's because the mm have their orders to fill from the bigger fish, so if there's a big buy order to fill slightly below the marked share price they will literally block the market, drop the sp, fill the order, then off we go again. It's not really a free or open market, if it was they wouldn't need brokers, it could be entirely automated.

We are retail, the bottom of the food chain, in fact we are the food, to be exploited by everyone else.

[excellance] 12/3/2021 16:28

I can't buy any.

Tried right down to 4000 shares and no deal...

No wonder the share price is falling if they won't allow buying

[juju44] 12/3/2021 16:24

So its not bad news then . Thats comforting

[lottsgold] 12/3/2021 16:20

Think the Chinese investor has completed that transaction, general market jitters I feel. Bit of a gamble topping up at the close, with the assets ECR have In not too concerned in the medium term.

[excellance] 12/3/2021 16:16

CB told us that a big Chinese investor was selling their 1p warrants to buy the 2p ones, or something along those lines, but they are a supportive investor.

That's in one of those interviews above too.

[lottsgold] 12/3/2021 16:12

Thanks, over the worst of it thankfully. Poor finish for the week, took a few more just don't see the negative from the assays if their readings were reasonably accurate...

[excellance] 12/3/2021 16:05

There may still be an overhang.

Don't forget, the placees don't care about assays, they peddle their holding for a profit and as little risk as possible, leaving us to carry the risk.

Their loss, our gain, hopefully.

I hope you overcome your covid without any drama and stay indoors.

8(