Ecr Minerals Share Discussion Threads

[hazl] 16/10/2024 14:25

#ECR - Gold miners’ epic quarter, an article from
@mining
dot com

"The #gold miners are on the verge of reporting another best quarter ever. Q3’s earnings season ramping up soon will prove epic, fueled by dazzling record gold prices and slightly-lower mining costs. That ought to double sector unit profits, extending gold stocks’ long trend of massive earnings growth. Such fantastic results should increasingly catch fund investors’ attention"

"sooner or later gold stocks will be bid way higher to reflect these lofty prevailing gold prices. The gold miners’ phenomenal fundamentals overwhelmingly support this bullish thesis"

[kemche] 16/10/2024 12:55

"he was surprised, when some of the big companies,valued at billions of dollars, came over to talk to them last year."

He's not the only one surprised.

[soulsauce] 16/10/2024 12:20

Don't forget the Antimony.

[hazl] 16/10/2024 11:24

Kemche don't forget that they have taken their 90% of their remuneration salary in shares for some time.

Mike Parker appointment.
Blue Mountain.
Then an independent assessment by G.
Valuation.
Meaningful resource.
Gold. 100000 OUNCES possibility?

Raised funds by selling non core assets.

What do I take from this?
They don't just understand the resource, the geography, the business, but
also investors expectations, hopes and aversions.

I wish them well, and simultaneously us!

[hazl] 16/10/2024 11:15

Booked appointments to talk to them!

There was underinvestment for so long , so they wanted to understand where opportunities were.

[hazl] 16/10/2024 11:13

Jungmana.Kemche.
A very interesting statement at the end, where Mike Whitlow explains that even he was surprised, when some of the big companies,valued at billions of dollars, came over to talk to them last year.
'Why?' He asked.

They explained that prices in commodities had been so depressed for decades, that they needed to look at explorers rather than do it themselves.
They don't have the runway or the time to judge it or build from the grass roots.
There was a tremendous interest in gold and copper.
If I have understood it correctly.

Very interesting.

IMO

[kemche] 16/10/2024 11:04

We could do with some forward buying and these recent interviews will help with that effort. I continue to average down.

GLA LTHers!

[hazl] 16/10/2024 10:50

Do scroll down and listen to the audio on ECR.

[hazl] 15/10/2024 08:06

'On the financial front, ECR is working on a potential sale of AUD 75 million in tax losses from its subsidiary, Mercator Gold Australia. This effort is part of a broader strategy to monetize non-core assets while maintaining focus on its core exploration projects. The company is in discussions with several Australian companies (at least three) regarding the sale, a move that could significantly enhance its financial position.'

Note....


' could significantly enhance it's financial position'!

[hazl] 15/10/2024 08:04

What I ought to have done is put quotation marks around that good article.
They are not my words but from the link in post 10482.

I will edit.
Thanks for the heads up!

[bukowski750] 15/10/2024 07:42

Further discoveries? Can you provide the drill ID of what is considered to be ECR's discovery hole?

[hazl] 15/10/2024 07:18

.
'Overall, these announcements point to an active period of exploration and corporate activity for ECR Minerals, with strong potential for further discoveries across its portfolio. The combination of promising exploration results, strategic financial moves, and upcoming drilling programs positions the company for potential growth in the near future.
.
In this latest video interview with Sarah Lowther, Nick talks about the benefits of having a diversified portfolio and how the recent hire of Mike Parker as consultant geologist is essential to the progression of the company strategy.'

From above link totalmarket

[hazl] 15/10/2024 07:17

Thanks Barony.

[barony] 15/10/2024 07:15

hxxps://x.com/tmsreach/status/1845743298817802726?s=61&t=GTRW5CgFRbsqPU2b14N2vQ

[kemche] 14/10/2024 18:42

If Nick Tulloch can replicate his success at Voyager and Chill, and the Doc with his other numerous successful businesses then I think the whoosh is almost certainly guaranteed.

[soulsauce] 14/10/2024 17:16

Hard to ascertain exactly what are buys and sells but volume looks pretty even so another 40m (ish) thrown at the wall. Hopefully not too many more left from these determined sellers.
Continued news should provide the liquidity to let them out for good 🤞🤞

[barony] 14/10/2024 15:49

Lots of good news anticipated.

[soulsauce] 14/10/2024 14:03

Quite right Gopher 👍

[hazl] 14/10/2024 13:18

Surprised you're not exhausted B.
You trot round to anything rising or worth having.

[gopher1981] 14/10/2024 13:01

Will be fine here, but there are always sellers about

[blakesmith] 14/10/2024 12:51

Rampers exhausted fromAll the ridiculous rsmping

[blakesmith] 14/10/2024 12:50

Pump and dump doc

[hazl] 14/10/2024 12:47

Perhaps people taking their profit as they see bargains elsewhere.
My guess is they'll be back.