Ecr Minerals Share Discussion Threads

[hazl] 01/11/2024 08:26

I am late to the party today.


8-)

[hazl] 01/11/2024 08:25

Oh jolly good!

[soulsauce] 01/11/2024 07:17

Nice Rns 👍

[kemche] 31/10/2024 11:49

Classic treeshake before the sale of the tax losses.

I continue to average down.

GLA LTHers!

[barony] 31/10/2024 10:47

Adam continues to underwhelm in his latest explanation of how the latest drill cores look. Phrases like, “all the good stuff” don’t enthuse me.

[soulsauce] 30/10/2024 16:59

Yes would be a good time to turn up some nice results from Tambo and of course source some readies from the tax losses.

[hazl] 30/10/2024 15:54

A good day, for us again.

[hazl] 30/10/2024 08:32

Pleased to see positive again.

But have you seen the gold price!

[hazl] 29/10/2024 11:15

Plenty to see here.

[hazl] 29/10/2024 11:12

Pleased to see a bit of positive action here.


8-)

[texaschaser] 24/10/2024 16:31

Throwing in the towel. Who can blame them?

[hazl] 24/10/2024 15:37

Kepler Trust general thoughts on the gold market and equities.

'We think gold can have an important role to play in a portfolio as a hedge
against geopolitical risks. These are currently high and show no signs of
abating: the ongoing war in Ukraine and tensions between the US and
China have created a tense atmosphere in which having a tail risk hedge
seems wise. We also think there is a multi-year de-dollarisation process
underway which is likely to lead to gold being more important for many
sovereigns, central banks, and institutional investors. It may not be that the
dollar’s days as the world’s reserve currency are numbered, but at the least
it is clear that central banks are deemphasising their dollar assets, while
China in particular, the US’ largest creditor, is keen to lessen its exposure
and increase its financial independence. In the short term, the signs also
look good: US interest rate cuts should be good for gold as they reduce the
opportunity cost of holding the non-yielding asset (which typically takes the
place of cash or cash-like investments).
Investors could buy gold itself. However, gold is at all-time highs, so we
think there has to be a risk that investors have positioned themselves for
falling rates and therefore in the short term the market might pull back when
the cuts finally come. Miners, on the other hand, remain exceptionally cheap
versus their own history and their typical trading range versus gold. They
therefore offer a form of insurance that looks cheap just as it is likely to be
needed. As a measure of Rob and Keith’s own conviction in gold miners,
we note they are substantially overweight the sector in their diversified
commodity fund, CQS Natural Resources Growth & Income (CYN).'

DYOR

[hazl] 24/10/2024 15:17

As contrarian value investors, we see extraordinary opportunity in this disparity and have been increasing our positions in gold equities. A common question we encounter is whether some fundamental change has occurred within the gold mining industry to justify this extreme undervaluation. Specifically, there’s concern that rising costs have eroded the profit margins that should have expanded with the rising gold price.

Interesting .
They have been increasing their exposure to gold equities.
But profit margings question follows.

Thoughts welcome.

[hazl] 24/10/2024 15:03

🇬🇧 𝑻𝒉𝒆 𝑫𝒐𝒄 🇨🇾
@DDS_DocHoliday
·
7h
The footage was captured by Adam when he was on-site at Lolworth, particularly in the GC area. His visual analysis has been validated by the lab, which confirmed the presence of Silver/Lead Galena with gold. These figs are impressive when taken into account collectively. #ECR 🇦🇺
🇬🇧 𝑻𝒉𝒆 𝑫𝒐𝒄 🇨🇾
@DDS_DocHoliday
A great overview, Adams field analysis has unearthed some incredibly positive characteristics at Lolworth #ECR

[hazl] 24/10/2024 15:01

Share_Talk ™
@Share_Talk
#ECR’s hair shirt approach on the spending front, and regular significant newsflow such as today’s has moved the dial in terms of the share price. But it is still the case that the stock should really be on the right side of 0.4p. @ZaksTradersCafe

[soulsauce] 24/10/2024 14:54

Nothing to see here just a good churn and rid of more loose holders.
There was z time when news such as this morning would have seen us up 30%.
This will come good.

[hazl] 24/10/2024 13:37

It's just a predicted drop in the gold area for companies.
Most are showing similar.
Take a look.

Even higher risers like GPM.
I believe many will stay put.
Gold price up again.


BWDIK.
IMO

[texaschaser] 24/10/2024 10:23

Huge selling as they rush for the exit.

[soulsauce] 24/10/2024 07:27

Excellent news from Lolworth. Very good rock chip grades and now we have silver in the mix too.

[soulsauce] 23/10/2024 15:56

Fingers crossed 🤞

[kemche] 23/10/2024 15:46

The whoosh looks to be on!

[texaschaser] 23/10/2024 15:38

No. Must try to ramp harder.

[gopher1981] 23/10/2024 15:28

News coming?