Share Name Share Symbol Market Type Share ISIN Share Description
Erris Resources LSE:ERIS London Ordinary Share GB00BFN4GY99 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 8.00p 7.00p 9.00p 8.00p 8.00p 8.00p 0 05:30:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 99.2 -495.0 -2.4 - 2.49

Erris Resources Share Discussion Threads

Showing 26 to 50 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
14/9/2018
18:27
That's the way we want it at present until we have a nice stake and before the herd arrives ;-)
firemansam4
14/9/2018
10:40
it has no friends
resourceful
13/9/2018
17:42
I reckon so. Should be enough cash for a couple of years at least
5chipper
13/9/2018
16:26
Still lots of £ in the bank! Interesting months ahead!
firemansam4
13/9/2018
11:46
Merlin updating on current situation on Vox podcast yesterday hxxps://www.voxmarkets.co.uk?mediaAssetId=5b990f93a768f800118d14b0&jwsource=cl
greenside1
12/9/2018
09:13
Bought a few this morning. Mcap must be less than cash which was £4m at year end. Admin expenses of £200k per year. Not sure how much they have spent on drilling so far though. Funded for drilling in Sweden with a large Canadian firm which sounds promising.
5chipper
22/8/2018
11:11
Fully agreed , Big Chap. Only person we have heard anything from in the RNS's has been Merlin MJ. Rest of the BOD might as well not exist, despite their hitherto well-touted excellent credentials ? OK, so this WAS an IPO, but for share price to fall 50% in less than 8 months indicates that the Initial IPO stock was very poorly placed by the Brokers , in the first instance. Also, why do we need 2 Brokers and 2 Brokers representatives on the BOD - for a £5m mkt cap company ? What are Jeremy Martin, David Hall and Graham Brown doing to help the Company at this precise moment in time, with their great credentials - we need to be told ? Lets hope Abbeytown drilling results come up to scratch, otherwise this company is "Toast". I don't place much faith in the Swedish Centarra Gold JV myself, with only a potential 30% project share. IMHO. DYOR. GLA.
andrea152
03/8/2018
07:37
This is getting ridiculous! when I invested here months ago there were promises of a constant news flow and a real buzz about the management team and how the shares were held tightly and a great future for all invested.....what is going on?
thebigchap
17/7/2018
11:23
Abbeytown RNS, Preliminary Drilling Results out yesterday show promise, without being exceptional. Drilling continues apace along strike and at depth. They can also now get into the underground workings & start drilling there, which could be more interesting as some of the Zn pillar grades in the old mine were very high indeed. (30% +). Early days, but going in the right direction. Just needs the market/Investors to wake up to the stock a bit more. I note that Erris were presenting at their Broker, Turner Pope, in London, on 16th July, so that shud have raised a bit of interest with new Investors ? Perhaps a few more "Up Country" & Irish Presentations required as well ? IMHO. DYOR.
andrea152
06/7/2018
10:30
Well, they are going to be drilling throughout July and probably half of August, so wud expect Abbeytown drill results shortly after that, which wud need to be worked into a resource. Trade interest (and hopefully Institutions) shud start coming aboard at that point. Remember, Erris is an "Exploration Company" and the asset is likely to be sold-on , rather than taken into full production. Remember too, there are "Only" 31m shs in issue at the moment and they are tightly held, so wudnt take much to move the share price They also haven't given up totally at Skreen, in Ireland either - and may go back to it and drill some more holes. It was just that they didn't hit any pay dirt with what they DID drill, which was 4 holes over a wide area. Dusnt mean there isn't anything there though, or, that it dusnt link to Abbeytown (15km away) in some way, which may produce a "World-Class" Resource ? When I 1st spoke to Merlin about Sligo 18 months ago, he said he thought it was the "Real Deal". And he's been around the Mining World a few times ! All my own thoughts. IMHO. DYOR. GLA.
andrea152
05/7/2018
11:06
sounds like you really know your onions andrea. when do you think we might expect to see an upturn in the share price and what do you think will be the catalyst?
thebigchap
05/7/2018
10:41
Yep, 1st real set of Irish results look good, though grades could be a little higher. OPens up the possibility of a much larger "Footprint" for the existing mine, which they are now starting to drill and which also looks VERY prospective according to previous RNS. New mineralisation is shallow too, which is very good news and MAY extend down to 1000m ? Copper found too, in mineralisation, which David Hall suggested may be present on the field trip one yr ago, du to the presence of the nearby "Ox Mountains Fault". Early days, but encouraging news - cud mean that Abbeytown , at least, is a "Goer". If they were to fund, say , 5m tons Zinc, that wud defo be an economic mine, at current lead/zinc/silver prices. Company just need to wake the mkt up to wot they have now, with a bit more "PR". IMHO. DYOR. GLA.
andrea152
05/7/2018
08:41
todays RNS surely good news?
thebigchap
27/6/2018
11:07
Share price now 50% down on the IPO price. Not a good start at all. PR and presentations seem oddly lacking, on the website too ? I suppose original shareholders are now getting out, as their "Lock-in" expired on the 26th June. IMHO. DYOR. GLA.
andrea152
22/6/2018
11:08
Pretty disappointing RNS in my view. Skreen clearly not a "Goer", so bang goes the "Tara/Galmoy" Style mine prediction. They will just have to see wot they have at Abbeytown , after drilling, which we will know later in the Summer. Sweden and Gold is a non-event for me. IMHO. DYOR. GLA.
andrea152
22/6/2018
09:57
those zinc grades do not excite
resourceful
21/6/2018
06:54
nice view point Andrea, this really has been a slow slow burner but theres gald in them thar hills...im holding!
thebigchap
19/6/2018
10:58
No gold at Klippen, but Brannberg looking very positive. Drilling continuing apace in IReland, ao hopefully, some drill results by end of July 2018 ? That is the interesting bit of Erris, as far as I am concerned. Could well be a Company-Maker, or destroyer ! Gold in Sweden is a Sideshow. If Erris cud prove up just 5m tonnes of Zinc at Abbeytown, that would throw out an annual post OPEX sum of over 600p per share, over a 10 year mine life, assuming 31m shs in issue. That could be paid as a Special Dividend and is indicative of Y I am in Erris. IF the Abbeytown deposit stretches all the way over to "Skreen", 15km away, (which it might) that would be a World Class deposit comparable to the Tara Mine at Navan, owned by Boliden. They also have spare process plant capacity there..... IMHO DYOR. GLA.
andrea152
11/4/2018
11:26
Recent licence acquisitions make sense. Only need the share price to catch up now - it looks pretty dreadful on a 3 month view - post IPO. Drilling results from Abbeytown , hopefully towards end of 2nd Quarter will hopefully make a difference. Had a short conversation with CEO recently, in which he indicated that everything is basically on track, although Ireland has had bad weather which delayed them a little on the start of drilling, as per merlin's recent Proactive investors Podcast. They are now up and drilling , however. IMHO. DYOR. GLA.
andrea152
28/2/2018
16:30
That's right 5 Chipper - all looking for the Next Lisheen or Tara mine, but most things found to date have been either too deep (Pallas Green) or too small (Connemara). Erris's Irish Zinc deposit is interesting because it is off the main NE/SW Zinc trend and nobody has ever really bothered to drill that NW part of Ireland Properly. If there is a link between Skreen Hill and Abbeytown , it could be VERY interesting indeed, and might be sumthing along the lines of the Galmoy/Lisheen deposits, which shud really hav been mined as one mine and not two, by one Co. It's also possible that there cud b copper under the Abbeytown base layer. Drilling will prove , or disprove that. The new Galway Licences cud also b interesting as nobody has ever really drilled there before, yet the new Irish Govt Sponsored Aeromag survey shows interesting results in that part of Ireland and the Company Geologist (Aidan Lavelle) is very familiar with that part of the World, having been Educated at Galway University. All in all, a decent initial scenario for an exploration company - and the Cos Directors have a reputation of NOT messing about, or being "Lifestyle" people - unlike many BOD's in the AIM Junior Mining Sector , and in Irish Mining in Particular !! ( hav a look at CON and CGNR to see wot happens when BOD's really don't care !). IMHO. DYOR. GLA.
andrea152
26/2/2018
21:21
To be honest, a quick Google search for 'zinc prospects in Ireland' throws up rather a lot of companies prospecting for the next big zinc find in Ireland. A quick list includes some big names with projects being explored - Group 11 Glencore Hannan Zinc Of Ireland Connemara Erris
5chipper
26/2/2018
21:14
https://www.independent.ie/business/irish/irish-zinc-explorer-group-eleven-in-3m-canada-float-36416187.html Interesting article about a recently listed (in Canada) exploration company called Group Eleven. The article claims that Group Eleven has the 2nd largest zinc prospect in Ireland, behind a project owned by Glencore. Difficult to evaluate Erris's projects in comparison as there is little info prior to drilling. Interesting to learn that Ireland is Europe's largest zinc producer with 3 active mines which seem to be nearing end of production. So for sure govt will be keen to get new zinc infrastructure up and running. Seems to me that Erris's value, for the time being, lies in the Swedish gold. Considering they have partnered with one large gold company to develop plus have another large gold mine as a major shareholder.
5chipper
26/2/2018
10:09
David Hall & Jeremy Martin at Minorco and Thani Stratex & Horizonte Minerals, David Brown at Anglo American (UK MD) & Private Finnish Grpahite Co, he's just sold, and Merlin Marr Johnson at Rio Tinto, HSBC, Blakeney Asset Management and Palladex, plus Tavistock Communications. I don't really know the 3 Finance Guys, but their Cv's look OK. They are there to raise money, I guess. Nasty old price drop from the IPO price mind - I wonder if we will see any supportive Director's buying ? ! Ho Ho Ho. IMHO. DYOR. GLA.
andrea152
23/2/2018
11:34
What was the mgmt teams previous company?
5chipper
22/2/2018
10:33
Woof Woof ( that's my enthusiastic dog impression), a la Donald Sutherland, as "Oddball" Good time to buy loose and cheap stock, whilst the bored IPO crew are getting out. Management Team outstanding. IMHO. DYOR. GLA.
andrea152
Chat Pages: 2  1
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