Ecr Minerals Share Discussion Threads

[excellance] 20/4/2021 22:33

This'll bounce back in no time, with assays coming in every few weeks, plenty of cash in the bank, a possible JV, and a few more weak handed amateurs out of the picture this can only rise from here.

[pete_edwards] 20/4/2021 17:21

...And the silence has all been down to a strict JV NDA!

Here's hoping!

It would be poetic, considering how much bashing CB has taken.

I'm about 40% down here, but stonking news at these prices could easily blast this into the hundreds of % for sure. Seen it time and time again.

[excellance] 20/4/2021 17:07

I'm sure he'll justify his £135,000 salary and we'll be showering him with glory an a couple of weeks when the next assays are released, the hypothesis is proved, and we have a new Fosterville of our very own.

[gooner1886] 20/4/2021 16:53

Thing is with mr brown, he was saying how undervalued ecr was at 4p.Jv was just about dottibg i's crossing t'sSurely hes going to sell all his houses and buy up all these cheap shares now?

[barony] 20/4/2021 16:48

I hope he’s motivated to treat pi’s with respect and keep us informed. Not slope off for a month, then hit us with a cash raise for no good reason prior to dull results.

[pete_edwards] 20/4/2021 16:39

The way some have reacted you'd think ECR were on their last patch of land, no more cash and the last roll of the dice. Far from it.

BTW I do totally get the frustration has more to do with CB's handling of the past few months. Let's hope he's now even more motivated to pull a rabbit out of the hat!

[excellance] 20/4/2021 16:27

I think today's news is as expected. We can't expect to hit the bullseye in the first attempt. Anyone who is only here for the first assays is an idiot. CB has set this up for the geo boys to drill and drill unincumbered by financial restrictions or limited contractor rig windows, a geologists dream!

To soil yer pants and sell up in a huff today is pathetic, and if you've done that then hang your head in shame, you've got no courage or conviction and you're not cut out for this, so go buy premium bonds and leave this game behind before you lose all your cash.

[pete_edwards] 20/4/2021 16:15

Let's not forget though, that any one of the additional results yet to be reported + any one of the countless results due in the 24 month (at least) campaign could be mind blowing. Not to mention a JV at any time that hasn't been ruled out at all.

I'm upset today, not going to lie, but ECR is one of those stocks that you sell on a day like today due to emotional stress only to look back in a few months to see it rally.

There are several shares I dare look at these days because I did exactly that. I got sucked into the BB depression spiral and sold.. did the companies stop steaming ahead, NO? did the CEO's care about my feelings? NO, did new and exciting opportunities arise that made everyone forget about the bad days, YES.

It won't take much to get PI's frothing again.

I'd like to see a new, fresh interview with CB for starters.

[snowyflake] 20/4/2021 16:03

pete_edwards - agreed 4586 - time for Craig Brown to walk the walk and not so much talk the talk.

excellance - 4592 - of course Craig Brown had an inkling of the assay results although he may not have had them in his hands. Thank goodness I shed a load last week but I still think that ECR has a decent future if the assets within its licences and corporate matters are dealt with competently.

[excellance] 20/4/2021 15:58

Are UOG in AIM?

Oh wait, yes they are...

[gooner1886] 20/4/2021 15:48

Glad i got out on placing news. Feel for holders left holding this now.Craig brown just add him to the other aim sharks of the world.

[hazelst] 20/4/2021 15:26

This looks like a good entry point.

[excellance] 20/4/2021 15:17

CB can genuinely say that neither he nor placees had any inkling of drill results, as evidenced by todays assay results.

Yet he sought further funding, for "accelerated and expanded" exploration, presumably to prove the "much larger fault related anticline system at depth" hypothesis.

Obviously drilling is ongoing, the boys at the drill head won't have a clue if they are hitting pay dirt, and the pea brained retail mug punters throw the towel in and wet their beds for months, while I see this as opportunity and have happily added another half million at 1.86p

The next assays may prove the hypothesis, or maybe not, but I'm here for blue moon and I see this ridiculous sell off as utter cowardice, and a gift of an opportunity.

Gotta love this game.

[bigglesbingham] 20/4/2021 15:10

Wouldn't be referring to Ariana dixi?

[excellance] 20/4/2021 15:06

"Drilling of BH3DD006 is currently in progress to test a hypothesised anticline that may exist in the vicinity of the Dan Genders-Scoulers line of workings. Historic shallow gold workings may be small reefs linking and coalescing to a much larger fault related anticline system at depth."

[onedayrodders] 20/4/2021 14:49

CB really needs to do an interview again... not that he's very good at it but we need to hear from him.

[bspgamer] 20/4/2021 14:45

Empire Metals Limited Final ResultsSource: UK Regulatory (RNS & others)TIDMEEERNS Number : 8008VEmpire Metals Limited19 April 2021Empire Metals Limited / AIM: EEE / Sector: Natural Resources19 April 2021Empire Metals Limited ('Empire' or the 'Company')Final ResultsEmpire Metals Limited, the AIM-quoted exploration and resource development company, announces its final results for the year ended 31 December 2020.The annual report and accounts for the year ended 31 December 2020 will be posted to shareholders today and will be available for download on the Company's website, www.empiremetals.co.uk , later today.Chairman's Statement2020 was a significant year in so many ways, but for Empire Metals it was a year of significant forward momentum and marked the emergence of a new and reenergised strategy, a new flagship asset and a new jurisdiction of focus. These fresh dimensions to our company have clearly resonated with investors and from both an operational and corporate perspective, I am delighted with the progress that we made during the year.The decisions made over the past 14 months have resulted in Empire now holding a 75% interest in a highly prospective gold asset which is poised for rapid advancement up the exploration and development curve. With the Eclipse Gold Project, I am confident that we are in the right place, at the right time and in the right commodity.As investors may be aware, we are bearing witness to a modern-day gold rush in Western Australia. Exploration activity in the region hit a five-year high in 2020 despite initial fears earlier that it would be severely impacted due to the COVID-19 pandemic. Mines Minister Bill Johnson reported in H2 2020 that gold projects accounted for 70% of applications, prompted in part by the strong gold price performance during 2020 and forecasts for further gains in 2021 and beyond.There have certainly been some notable winners in the gold exploration and development industry in the region, with junior miners and majors alike jostling for prime positions in Western Australia, which is set to become one of the largest gold producing regions globally. The combination of security of tenure, exceptionally mineralised terrane and increasing metals prices has triggered a review of both greenfield and brownfield projects alike. Additionally, working in Western Australia has been far less affected by Covid-19 restrictions than most regions of the world, and coupled with its world-class gold potential and its top 5 ranking over past 5 years in the Fraser Institute survey of best mining investment jurisdictions, Western Australia is clearly a great address for value creative mineral exploration and mine development.Thanks to our acquisition of the Eclipse Gold Project, we believe Empire is ideally placed to be among the winners in the region. Located 55km north-east of Kalgoorlie, in a prime gold district of Western Australia, the Eclipse Gold Project produced 954 tonnes @ 24.6 g/t Au for 754.25 oz Au from the Eclipse shaft which operated up to 1910. In addition to the known mineralisation at and surrounding the Eclipse old workings, recent geophysics and geochemistry work has highlighted further potential mineralisation at two additional targets north-west of Eclipse, the Houdini and Easy prospects. The licence has been held by one private individual for the past 30 years, during which time only cursory modern exploration had been applied to a very small part of the entire 300ha licence area, highlighting the significant opportunity to prove up known gold occurrences and make new gold discoveries.Having announced the acquisition of a controlling interest in the Eclipse option in August 2020, Empire quickly set to work applying modern exploration programmes to this large, high-grade and previously producing mining licence. To date, the Company has conducted two phases of drilling at Eclipse and consistently encouraging results have been returned. A total of 2,578 metres of RC drilling was completed at the Eclipse and Houdini prospects in October and November 2020, with a second round of drilling commencing in January 2021. Highlights from this programme included 14m at 3.78 g/t gold ('Au') from 22m, including 1m @ 21.4 g/t Au, and 1m @ 16.65 g/t Au. This hole includes three different clusters of quartz veining mainly associated with the higher grades, confirming there is more than one mineralised structure.A total of 4,589m of RC drilling was completed in this second phase, which was concluded in February 2021. Importantly, this programme confirmed the existence of a number of parallel veins in addition to the main Eclipse vein, including a different stockwork style of near-surface mineralisation in the vicinity of the Jack's Dream old workings, and including one intercept of 24m @ 1.44 g/t Au from 46m downhole (containing 2m @ 2.86 g/t Au; and 3m @ 5.08 g/t Au). The interpretation of these results is underway, and a further work programme will be announced shortly which is likely to include preparation of a JORC compliant resource and initial pit optimisation studies.

[soulsauce] 20/4/2021 14:37

4586 great post pete.

[pete_edwards] 20/4/2021 14:31

Not surprised to see JuJu enjoying himslef lol. Juju are you rochthefella on Twitter by any chance?

[pete_edwards] 20/4/2021 14:24

Very disappointing day compounded by weeks of silence and the inevitable drip.

I have no doubt that things are brewing and the long term prospects are still very positive with ample cash reserves, so I topped up.

Now the results are out of the way It's really time for CB to start delivering as the last few months have been a bit of a PR disaster as far as shareholder's are concerned.

Any positive development on the following will flip sentiment -
JV
lab
new drill sight
new drill on order
license applications
Chinese partners
what the £2m was for
etc etc

Time to walk the walk.

[yasyas1] 20/4/2021 14:22

Just what i m thinking

[yasyas1] 20/4/2021 14:21

So my chance of seeing my 4p gone now! Such a bad reaction to rns!