Ecr Minerals Share Discussion Threads

[dean windass] 19/2/2016 16:20

Here's something to bear in mind when you are being told that someone like YA (in the case of ECR) are dumping shares and this is a good thing .... it could be that, having ramped a share up, a PI with a large holding sells into the rise to make it look like YA are out. Also remember the possibility of a direct transaction between YA and another investor.

It's worth looking through the history of posters on BBs to see who posts the most about "last tranches" ... "YA being out soon" etc. it's clear YA are clearly still funding a company with no income stream or any sign of one on the horizon.

One thing is clear, someone is selling into every ECR rise and that has been the case for years ... "rinsing and repeating" ... even though on some BBs you'll find lots of posts claiming sells are buys ... though I know from experience buys and sells are often depicted wrongly

[dean windass] 19/2/2016 16:05

Oakville ... and your point is? I made it clear there is money to be made from trading on AIM.

[oakville] 19/2/2016 16:04

As a group we don't hold ECR, but I have 16 million here.

[oakville] 19/2/2016 16:03

AND with us holding 6.8 million shares in MTR at an average price of .0083p (currently 1.05p) this should continue into 2016.

[dean windass] 19/2/2016 16:02

Sheldon dear boy, this is a thread for talking about ECR Minerals :-)

[oakville] 19/2/2016 16:02

We cleared just shy of £11k in 2015 on selective AIM stocks so don't tell me how to trade.

[sheldonweston] 19/2/2016 15:44

Dean change you name to Talkoutof Myass, utterly clueless

[dean windass] 19/2/2016 10:23

Anyone thinking of investing in any AIM share ..... look at the RNS catalogue, look at the charts .... look at the SP, look at the posts for years on bulletin boards. If you don't know what ramping is, read about it.

If a poster on a bulletin board says "no downside from here" as a share tanks, it's clear their opinions cannot be trusted.

If you don't do your own research, you shouldn't invest.

A deramper is someone who talks down a share hoping to buy into it cheaper. Someone with a negative outlook on a share whilst its share price has been falling is simply "right".

Some shares on AIM seem only to exist as vehicles for ramping traders to kick around .... the companies' fundamentals are irrelevant. If a company is on its knees but you can spin a plausible fairy story around its prospects, you can get the naive to buy in driving up the price at which point you sell ..... further dilution guarantees there will be days on which you can buy back in more cheaply.

This doesn't mean that there isn't money to be made on such stocks but I choose instead to look for firms that actually do things which I am certain will be successful.

There is an old saying "a mine is a hole in the ground owned by a liar" .... anyone thinking of investing in any "exploration company" should look at the very low success rates of these companies. You can buy for peanuts ... £30,000, tracts of wilderness in parts of the world rich in minerals ..... you can then get people to pay you fortunes to have holes drilled in your land to see if there's anything of value there .....

Fortunately, there is loads of great data on the net explaining such business models.

Just read about "Bre-X" ... and "gold exploration stocks are very risky" ... which is why I stay away from investing in them .... but watching them teaches you a lot

[cashchaser] 19/2/2016 07:37

Induna123 very very well said

[induna123] 19/2/2016 06:31

Mr Windass is correct. No revenue means another fund raising. It seems hapless investors haven't learned any lessons over the last 7 or 8 years, ECR is just another tinpot company on AIM with ambitions that it cannot and will not ever reach.

Put simply, ECR will destroy your wealth.

[cliveas] 18/2/2016 19:39

So if you bought at 0.02 you would be more than 50% up!

Traders or not 50%+ is not chicken feed.

Just let pi's trade as they see fit and stop droning on.

[dean windass] 18/2/2016 12:56

I've read for months YA will be out once the next few shares are dumped but with no income stream ECR may just do another deal with YA and the "mates rates" shares will start being dumped soon as mugs buy in to drive up the share price .... SLM MOU not signed ... why? MGA .... no takers yet or on the horizon ...... Itogon? Needs massive funding and a license .... TOO MANY TRADERS KICKING ECR ABOUT .... happy to buy at these levels and sell for a few quid profit. Not a share anyone holds for long so traders selling stifles any real recovery. Will end the day at 0.0335 imho

[regandharry5] 18/2/2016 11:36

Would share consolidation help this company to generate a clearer picture.

With over 7 billion shares in issue, even a penny rise seems to send the MKT cap all askew.

[guyswonga74] 18/2/2016 11:06

YA must be out with this huge volume, I would imagine tomorrow would be even bigger day

[oakville] 18/2/2016 10:28

Remember the hand that feeds this.....for every % this climbs is money into MTR.

[shrout] 18/2/2016 10:05

Lol.. "And you will recognise the locusts".

They all look much the same to me, so I look forward to acquiring this new skill.

[falia] 18/2/2016 09:37

HUGE BUYING

[manics] 18/2/2016 08:17

It cometh.
It's raging.
It's unstoppable.
The disappointment.

It will come and it will wash over ECR and MTR and mercilessly destroy shareholder value and dreams. And you shall know it was Paul Johnson and Stephen Clayson marching 'neath the twin flags of greed and incompetence. And you will recognise the locusts.

[cashchaser] 18/2/2016 07:53

The facts are and I only want to deal in facts MGA is far from a done deal.Dangley will need a lot of money which equals further dilution.SLM grades were not as good as expected as per rns.Share price 90% down on year with double the amount of shares.I see little good in all that.

[cashchaser] 18/2/2016 07:46

UP 22% YES I HAVE SOMETHING TO SAY. ONE SWALLOW DOES NOT MAKE A SUMMER.

[davidcod] 17/2/2016 22:27

YA.. Toodles..