Ecr Minerals Share Discussion Threads

[katylied] 29/3/2019 15:05

There is an RNS today = Annual Report. Still reading it, but one question is answered (unless there was a previous statement I missed). So, what happened to Iceberg?...

"The Company secured an option over the Iceberg project in Western Australia in August 2018, but after completing its due diligence, elected not to proceed with the acquisition..."

ie. waste of time & money...

[skara brae] 29/3/2019 14:07

Judging by the volume that is.

[skara brae] 29/3/2019 14:05

News on Monday then!

[piperpeter] 29/3/2019 14:04

More Company tweets today.

We even have one on the SLM Gold Prospect In Argentina.

Haven't heard from there in a while.

Pp.

[piperpeter] 28/3/2019 14:57

Well the 2 to 4 weeks assay results turnaround is up today.

We've only had results from 3 of the holes drilled to date out of the 12 drilled at Blue Moon.

Nothing yet from Creswick.

Nothing yet from Black Cat.

Pp.

[skara brae] 28/3/2019 09:27

Results first, then perhaps gloom and doom later....may be.

[katylied] 28/3/2019 09:09

So.... Are we looking at yet another discounted 0.7p bucket shop placing?...

[piperpeter] 27/3/2019 12:26

Will it be Creswick, Black Cat or more Blue Moon assay results next?

Pp.

[piperpeter] 27/3/2019 11:53

Creswick Gold Project.

"Assay results due" looks promising.

Pp.

[piperpeter] 25/3/2019 14:54

Turnaround time for results of 2 to 4 weeks stated in the "visible gold" RNS on 28/02/19.

Must be due some further assay results by now?

Pp.

[skara brae] 24/3/2019 21:05

Am expecting the rest of the results from the drilling programme to be announced over the next week or two.
The price drop fun and games on Friday leads me to believe that news will arrive sooner than later.
GLA

[piperpeter] 22/3/2019 13:15

What's with all the recent Windidda Gold Project tweets?

Pp.

[53tom] 18/3/2019 13:51

The 566,572 at 0.8825 was my buy. It was NOT a sell!

[barony] 18/3/2019 09:55

This should surely be flying?

[katylied] 14/3/2019 13:01

Yep, bucket-shoppers dumping as soon ~25% gain available.
Money for nothing. Rewind and look to do it again...

[piperpeter] 14/3/2019 12:00

Panned, watch for gold.

Pp.

[letmepass] 14/3/2019 11:53

Pumped, watch for dump

[vivgav] 14/3/2019 11:35

RNS just out

[katylied] 14/3/2019 10:56

ECR Minerals warrants & options as of 14/03/2019

Ordinary Shares in Issue = 445,840,783 MktCap @0.85p = ~£3.79m

Outstanding Warrants - For all/some? of the warrants the company
has the option to force warrant exercise if the share price 5day VWAP
exceeds 5p/share (otherwise those warrants lapse).

..Expiry......Price(£)....Quantity.....Cash(£)...
03 Apr 2019...0.05620......583,333......32,783
05 May 2019...0.05320......404,930......21,542
01 Jun 2019...0.04560......473,901......21,610
05 Sep 2019...0.01000....2,000,000......20,000
05 Sep 2019...0.03000....2,500,000......75,000
05 Sep 2019...0.02000....1,000,000......20,000
19 Sep 2019...0.03000......666,667......20,000
01 Jun 2020...0.01800....2,777,778......50,000
05 Jun 2020...0.01000....2,767,820......27,678
25 Jly 2020...0.01125...92,857,143...1,044,643
25 Jly 2020...0.01500....2,500,000......37,500
21 Dec 2020...0.01125..100,000,000...1,125,000
05 Jun 2022...0.02000...55,356,391...1,107,127
05 Jun 2022...0.05000...27,678,195...1,383,9!0

Outstanding Options

27 Feb 2022...0.01725....4,076,984......70,328 (Craig)
27 Feb 2022...0.01725....4,076,984......70,328 (Ivor - lapsed?)

Below has requirement that the VWAP average price of ECR
shares must exceed 1.75p for 5 consecutive trading days
before the options become ratified and exercisable

XX XXX XXXX...0.01125...25,000,000.....261,250 (Dirs & Staff)

[katylied] 14/3/2019 09:50

Unless the house broker(s) wants more commission from yet anther bucket-shop placing, in which case the drill results will be held back until after that completes... That really should not happen. Going forward, the company should get finance from the many outstanding warrants. That however, could also have been said about the last bucket-shop placing at the end of 2018...

[barony] 14/3/2019 09:19

Should be about 8:00 tonight if they are going to put results out first thing in Oz. Or, do they put them out at the end of the day there in order to hit 7:00 in the UK?

[nasarsaddique] 11/3/2019 13:16

Hopefully sometime this week

[barony] 11/3/2019 10:19

Surely some assay results must be in?

[katylied] 09/3/2019 13:12

"...seeing visible gold actually in the panned samples"

Couldn't help but be reminded of Patrick Harford talking about picking gold nuggets off the ground at that now long forgotten Indonesian Derewo River project. Like everything else ECR touched in those days, a complete bust. Craig needs to be more cautious with his language. Let the 'drill results' do the talking...