Ecr Minerals Share Discussion Threads

[excellance] 09/5/2019 18:35

i thinks its best we dont get carried away here...

i agree that there could be a spectacular discovery here, however, so far we only have a 1m interval of gold mineralization, high grade, shallow yes, but only 1 meter.

not sure that equates to 11m oz asset just yet.

[block4gooner] 09/5/2019 17:25

Only managed to bag 15k tried for more but Hargreaves Lansdowne wouldn't let me sadly

[jlondon] 09/5/2019 17:20

ECR Minerals 0.975p [LSE] with a Mkt Cap of £4.12 million and Shares in Issue 445.84 million.

ECR RNS of 8 May 2019 re: Creswick results [Victoria, Australia] - 17 holes drilled.

Comparative:
Greatland Gold drilled 9 holes at Havieron. With just 9 holes, Newcrest entered into a JV. GGP share price at 1.68p today = £55.83 million MKT CAP. Whilst NOT an exact comparison, nevertheless, it is just an example of a junior exploration co.

If the mkt were to say, attribute a mkt cap of £40 million equates to a ECR share price of 10p +.

I have already quoted the share price and mkt cap of Catalyst Metals [ASX] with 50% JV at some A$142m at A$1.8. Please check earlier post today. Catalyst is also hoping to be the next Fosterville, Victoria, Australia.

Just a illustration.

J. London
Thur 9 May 2019

[jlondon] 09/5/2019 16:49

Earlier article I posted today: "Best drill interceptions in the metals mining sector for the week ended 5 May 2019."-Seeking Alpha, 22 hrs ago, Thur 9 May 209

Quote:

"Kirkland Gold owns 2 very large low cost mines which seem to have amazing exploration potential. However, with RESERVES OF JUST 5.75 MILLION OUNCES, I think the co is massively overvalued as the current mkt cap is close to $7 BILLION. This is equal to around $1,200 per ounce of reserves."

TWEET:
"I was doing some research & this huge gold find at Creswick could be up to a Monster 11MILLION OUNCES DISCOVERY." 2 hrs ago, Thur 9 May 2019
Note: Screenshot shown from ECR: "...and up to 11 million ounces Au in the Ballarat area as a whole, of which the DMS is a SIGNIFICANT CONTRIBUTOR."

My comment:
At the time of the ECR data as above, it was 25m width but in the latest ECR RNS of 8 May 2019 re: Creswick, it is now "EXCEEDING 60m."



Note: Kirkland Gold on ASX owns the famous Fosterville mine, Victoria, Australia.

J. London
Thur, 9 May 2019

[tomboyb] 09/5/2019 16:19

Just leave these in and I reckon they will go up -

There is a seller that needs to clear judging by the trades-

[nasarsaddique] 09/5/2019 16:00

50m done already

[rmart] 09/5/2019 15:57

could be over 50m traded today. Sellers must be almost done so we can start to move up again

[nasarsaddique] 09/5/2019 15:50

I've been watching this one for over a year and been in since January

[rmart] 09/5/2019 15:48

Nice, my av is obviously higher but not worried.

[nasarsaddique] 09/5/2019 15:35

I've seen this go down to a bid of 0.6 and ask of 0.7. Got my last batch at 0.68 at the start of the week.

[rmart] 09/5/2019 15:05

I hope so !

[rmart] 09/5/2019 15:04

i will add more if it drops much

[rmart] 09/5/2019 15:04

i have 2.1m now.

[nasarsaddique] 09/5/2019 15:01

Rmart, how much are you in for here?

[msufi77] 09/5/2019 14:16

buy itx traders paying premium to buy mms paying well over mid get in early 10p short term

[rmart] 09/5/2019 14:14

only 345,840,782 shares in issue, Shenyang Xinliaoan Machinery Co Ltd hold 55,369,109, and 45 m traded today so far.

[kcowe] 09/5/2019 13:38

rmart , how many times have we seen trades , bought in the morning and sold a few hours later at a loss ... impulse buyers who do not know what they are doing.
bloody fools

[rmart] 09/5/2019 13:32

a few more lemmings selling yet. Cant beleive they cannot see what is going on here ! they must be bonkers.

[jlondon] 09/5/2019 12:58

Sam Garrett, Non-Executive Director & Geologist - he has options of 7.5 million share at 1.125p if 5 days of con. trading day volume EXCEEDS 1.75p.
[Ref: ECR RNS 22 Feb 2019]

My comment:
From recall, Sam Garrett introduced the DMS to ECR. If I am not mistaken he was the Geologist for Fosterville - can others confirm as this is from recall from old?

[tomboyb] 09/5/2019 12:52

yep -

It does look like ECR is braced for a move up -

[rmart] 09/5/2019 12:47

rock and roll baby !

[vivgav] 09/5/2019 12:47

Trying to break 1p

[jlondon] 09/5/2019 12:34

"Best drill interceptions in the metals mining sector for the week ended May 5, 2019."-Seeking Alpha, 8 May 2019

Quote:

"CATALYST IS SEEKING FOR THE NEXT FOSTERVILLE."

"Four Eagles Gold project in Australia. On Apr 29, Catalyst announced that it intersected 8m @212.3 g/t Au from 84m in hole FERC236 at its 50% owned Four Eagles project."

"Four Eagles is completed concealed by cover."


"Chart shows INTERSECTIONS and grades of Boyd Dam Longitudinal."

My Comment: Highest that I can see is 21m at 1.2g/t Au. It ranges from 5m to 21m and grades range from 1.2g/t Au to 28.9g/t whilst most are in the 3-8g/t au from initial observation only. Please check.

This will form the comparitive BENCHMARK to watch for ECR*s results so kindly take a look.

Catalyst Metals went from an Australian penny stock to $1.8, MKT CAP A$136.4 MILLION [50% owned] hxxps://hotcopper.com.au/asx/cyl/