Ecr Minerals Share Discussion Threads

[lottsgold] 21/4/2021 11:25

He was stuttering a lot! Realises the placing was handlers very poorly I think/hope. Nothing new just hoping to get on and find some gold. I did take his point of them drilling to find the direction on the mineralisation on board and he sounded like he was confident but it's a work in progress. Not that I can trust him for now but it will only take a good result or two to turn us around. He mentioned that we are waiting on permits for drilling Blue Moon.Creswick- as many suspected hinges on the licenses which are hopefully not too far off.

[soulsauce] 21/4/2021 11:19

Apparently there is a stockbox interview out. You can see by the share price reaction it has not been taken well.
No 2nd rig but drilling with contractors at Creswick.
According to lse Brown looks rather uncomfortable and so he should.

[lottsgold] 21/4/2021 10:34

I meant minus the cash Soul sorry like a mad man muttering to himself, no always clear!

[soulsauce] 21/4/2021 09:33

With nearly a billion shares in issue Lotts I think you need to get your calculator out ;-)

But yes Brown has done an excellent job, not, but be careful or you will be called a bed wetter :-/

[lottsgold] 21/4/2021 09:29

This price is now madness valued at 10m. Craig really has done a blinding job!

[soulsauce] 21/4/2021 09:20

And here they are on a sea of gold, it is Victoria after all, and only found it in one, what's your point. Not a different situation at all, only in your own mind.
Some people may have sold on the placing news and some ahead of the fall yesterday, from where I stand they did the right thing too.
Grow up excellance FFS and think about what you post, especially when it suits you do exactly the same thing.

[excellance] 21/4/2021 09:16

At CHF, they are on a sea of copper and only found it in two holes, and no more drilling for SIX MONTHS.

Different situation. I was right to sell in that situation.

To be fair not many sold here yesterday, the share price only dropped 15% so nothing to wet the bed over really.

I don't like to see folk lose money, I wish them good luck.

[excellance] 21/4/2021 09:08

We're all dying, that's why we have to live!

[juju44] 21/4/2021 09:06

Dog is dying

[excellance] 21/4/2021 09:02

Yes I did, and for good reason.

Sold at 12.5 and bought back at 8.5 which isn't bad business in my book, thanks for your concern.

I have recently sold some of those at 10.50p to rebalance.

8)

[soulsauce] 21/4/2021 08:51

Didn't you trim some at CHF excellance when the drilling results disappointed?

No need to answer, it's a rhetorical question because I am sure it will be another 'ahh but CHF was different' answer again.

And now you have the cheek to call people bed wetters here after the CEO has treat shareholders with pure contempt.

[excellance] 21/4/2021 08:46

Topped up a few more, share price immediately went up after.

Should close over 2p by end of week.

[linz22] 21/4/2021 08:26

Yes, it is a 'judgement call', so good luck to those who feel lucky with their investment decision.

Meanwhile, right now would be a superb time for craig to do one of those ad hoc interviews he's so keen on, essentially to clarify my take on the present position of the exploration project, hopefully by endorsing how I interpretted yesterday's RNS, but also to allay concerns amongst other, less geologically versed, investors who might've started to lose confidence following the placement news...

[excellance] 21/4/2021 08:22

Good luck to them, and good riddance.

I wish them well on their way, and hope they don't lose all their money.

I wonder how many used margin and are now having to sell other stuff to pay their debts.

Never use margin on exploration plays.

[excellance] 21/4/2021 08:18

We know it's a gamble. We know it's high risk. But CB has set this up so our experienced team with their own rig can drill and drill and drill.

The license area is as good as it gets, with historical high grade mining, and world class modern mines all around.

Our other global assets have been farmed out, so no distractions, just drill and drill again.

With that background what kind of moron sells after the first set of holes when high grades were found and a new thesis formed?

[linz22] 21/4/2021 08:15

The share price is down again, on the absence of news of a jackpot on the first drill hole from yesterday's RNS.

Could be a godsend of a buying opportunity, then. Or, an irresistable temptation to average down and lose more of your investment.

But, that's the game here, isn't it? So, are there really 'bed-wetters' here, or, "Do you feel lucky, Punk..?"

[excellance] 21/4/2021 08:09

Looks like a couple more bedweters to start the day.

Let them clear their mess then we'll have a clean sheet going forward.

[soulsauce] 21/4/2021 08:07

Lol you have no shame excellance.

[linz22] 21/4/2021 08:07

Yes, Ex. because you're a glass-half-full individual, but it could be said to be more of a gamble now as the drill findings from around Byron reported 'not-insignificant' results but nothing to "blow the bloody doors off", which was what short-term investors sought.

However, if Byron is only peripheral, then huge fortunes could lie waiting to be discovered to the southeast. But, if that proves a fruitless gamble, then the whole field might end up being considered as mediocre at best.

But, that's the challenge to one's own investment strategy, isn't it? And, what are the odds of complete failure in this particular geological location..?

[excellance] 21/4/2021 08:04

I do think that at 4p this was attracting some "fly by night" hot money punters that have no clue and no patience, and they are moving on, which is a good thing.

[excellance] 21/4/2021 07:59

Beautifully put. I totally agree, except it isn't really binary as we have several other targets, but to me their hypothesis is a new and exciting development.

Thesis - antithesis - hypothesis.