Ecr Minerals Share Discussion Threads

[excellance] 23/3/2021 16:37

CB did a good job passing the risk from financiers to mug punters like us.

They've now dumped all of their placing shares for a considerable profit and no risk, and we are holding the baby in a burning building holding all the risk and losing money due to the radio silence!

oh yeah, AIM MO, way it is folks...we may get lucky yet.

[yasyas1] 23/3/2021 16:23

Why bug drop?? Has there been an rns???

[soulsauce] 23/3/2021 16:20

Whatever the ins and outs it's a poor show from CB.
Lots of interviews, lots of Twitter, lots of talk about visible gold and then nothing.
I really hope there is a good reason for the status quo.

All that said, the markets are poor for miners today.

[lottsgold] 23/3/2021 16:17

Well this delay is costing me a small fortune! I'll try and top up when the collapse ends!

[excellance] 23/3/2021 16:05

Is it possible that assay reporting could be delayed while the annual report is issued?

[excellance] 23/3/2021 15:55

Well the share price isn't liking it.

[barony] 23/3/2021 14:25

Nothing new, but maybe we can anticipate a results rns now that today’s is out of the way?

[excellance] 23/3/2021 14:20

with ECR focusing all attention and energy on Bailieston and Creswick, and outsourcing all other assets to third parties for them to develop, why have we bothered with Tambo?

The reason is, we are likely to gat major interest in both Creswick and Bailieston once drilling returns assays, and then our attention will move to Tambo, which is a better prospect than most if not all of the non core foreign prospects.

Happy days. Exciting times ahead.

[excellance] 23/3/2021 14:09

The focus of initial drilling activity is the Historic Reserve #3 (HR3) area, which comprises at least four closely-spaced lines of reef, including the Byron, Dan Genders, Scoulars and Maori Reefs, plus numerous cross-structures. This provides a number of drill-ready targets, with Byron the first to be tested.


With the benefit of the Group's strong cash position, which at the date of this report is approximately GBP3.955m, the intention is that in-house drilling activity will be sustained for a long period and the Directors believe this programme has the potential to generate transformational results for the Group. We therefore look to the future with great optimism.


MGA disposed of several non-core projects in Victoria during the year but retains exposure to potential upside from those projects by way of contingent payments of up to A$2 million in total. We remain open to the possibility of further transactions in relation to MGA's assets in Victoria, and we have also taken steps to add to MGA's Victorian gold project portfolio by applying for two exploration licences in eastern Victoria, which will comprise the Tambo project, and by applying for a licence surrounding the operating Ballarat gold mine.

[lottsgold] 23/3/2021 14:05

Was excited to see an RNS for a moment...nothing new to add from the financials from what I can see.

[excellance] 23/3/2021 11:43

resistance at this level, long term trend line, but this is an exploration company so while the downside is limited the upside is not!

[excellance] 23/3/2021 10:59

Assays always take a lot longer than hoped...

[excellance] 22/3/2021 11:15

Visible gold means high grade!

[barony] 21/3/2021 13:57

Pics of cores showed the gold.

[excellance] 21/3/2021 12:43

He said they kept hitting quartz, so they kept drilling. That's was unexpected. But no clues about whether the quartz was gold bearing yet.

[saturdaygirl] 21/3/2021 12:40

For cores with visable gold and a hole scheduled for 150m that was drilled to 300m must have something pretty special to keep going to double the depth ?

[excellance] 21/3/2021 10:51

Craig told us two weeks ago that the first assays had been returned, see the video above.
They have now drilled hole number 2 and sent those cores off.

I expect the assays could cause the company to revise their drilling plan.

[shakester2] 21/3/2021 08:43

just a delay with labs. All Aussie miners experiencing the same - demand unprecedented and slow process

[sjpstevenson] 21/3/2021 05:39

Hi all, Torn here with ECR, what are the majority's predictions? Thanks in advance

[barony] 19/3/2021 18:07

Pete, it gave me a frisson of interest on the ecr board, where I have had none for weeks!
Another week of no news. Give us an essay about the assay results Mr. Brown for God’s sake!!

[excellance] 19/3/2021 17:11

I don't think that typo will affect the share price much, unless CB does it.