IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
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Would that be like the company that went bust that did gold mining in Greenland and just before it went bust manage to demostrate an entire gold bar - Like that eh
What is the point of saying they have had 14 years to achieve something when the new BOD has only been in place for 9 months? What has the previous 13.25 years got to do with them?
Also, Blue Mountain is as viable an option as any in the ECR portfolio, especially with a pilot plant available on-site and a willing land owner providing labour and equipment. But they can't drill it until it's been trenched. It's called process. As they conduct said process they are keeping investors informed and demonstrating that their efforts are starting to pay off. Again nothing wrong with that either.
Other firms would simply announce trenching and then go quiet for 6-8 weeks. Leaving investors in the dark.
Damned if you do and damned if you don't.
Ya welcome Sausage.........! :)
tomorrow........? might be a Vid show of Adam based on todays Vid where (I reckon) he states such........! :)
anyways, good to chat.........! :)
All the best (might just see a hand full of Gold, might see a bucket full.....! :()
one trench, 3m deep.......
Thanks Chesh, that puts you in my "gullible, suck it up, believe anything" category.
Let's wait and see the massive amount of gold ECR comes up with tomorrow. *scratches chin*
Thank you Sausage, that puts you in the "non holder, white knight, looking for a lower entry" category then........! :)
and yep, lets wait see what the Blue Mountain results are, along with the other projects........! :)
All the best (we might just see Adam show us some more tomorrow an all........! :()
They have had 14yrs on and off to achieve something
Chesh, I'm a realist, I don't fall for the spin and fluff. I say what I see.
When / if ECR can stop testing and retesting buckets of rocks and move forward, then I'm sure I'll show positivity. Right now they have been spending money, in my opinion, in the wrong places such as my post on Victoria and ECR's licence not having any significant works on it even though there has been multiple gold rushes over the last 170+ years and modern surveying / detecting techniques. I think there was one mine in the North West of the licence that may give better results.
Let's see what the Blue Mountain results are and how they are presented.
Got quite a neg. take on this Sausage haven't ya.........! :)
what is it.......?
The people running it, high average, genuine white knight, looking for a lower entry, or just a weirdo........?
All the best (anything from specs to large nuggets would be what we want to see.........! :()
"Mike says the wash plant is spitting out what we want to see......! :)"
Of course it is, that would be specs / flakes of gold, what Mike doesn't say is how much. My opinion is that ECR know how to word things to suggest a positive outcome (as with any other company) without actually having that positive outcome. You have to read what it states on the page not make unsubstantiated inferences from what is written or said.
Until the measure and inferred by an independent is published, every other result is simply a result of how little/much gold they found at each location.
Putting a plot of land up for sale, is exactly that. No more no less. It's value isn't set by ECR, it's set by how much some one is willing to pay. We could all put out houses on the market for a £100,000,000 each but how many of us would find buyers?
In the first Vid. Adam says about showing us some gold tomorrow....!
I took this as the x2 nuggets in his pan from the same Vid.......! :)
In the more recent interview, below, Mike says the wash plant is spitting out what we want to see......! :)
All the best (might just get another Adam short Vid. with more gold from the 3m deep trench..........! :()
So, just watched the YouTube video. Did make me chuckle.
So apparently there's some Blue Mountain 'results not published when the acquisition was made'. So let me tell you my opinion. In a few days or weeks, ECR will announce that the previous owner's results were A, however ECR have, in comparison to A, results of A++. Oh so much better.
My view is it won't just be the results, but ECR may spin any mediocre new results and potentially say, hey we have improved on the previous owners results. As the video states, the previous owners didn't go down so deep, and I wonder what methodology the previous owners used? Different methodology potentially means comparing results harder.
Did make me chuckle when Mike mentioned 'inferred resource' and 'old timers' in the video. I've said it before on here, this is unlikely to move significantly AND remain higher, without a measured and inferred resource by an independent, and now Mike is mentioning inferred resource, what a coincidence. Weird right?
Anyway, let's see what the Blue Mountain results RNS says whenever it turns up. At the end of the day it is just another set of results.
I'll also add on here, if ECR want to get that very fine gold out from the alluvial, ECR are going to need a heap leach and cyanide. You can have that advice for free ECR, no need to issue me any free shares. Old timers, inferred resource, you gotta laugh 🤣🤣🤣🤣. Let's see how long it takes before ECR start talking about a heap leach.
A detailed Brand Communications interview on Blue Mountain progress and general financial update
https://youtu.be/4_MRzrfnoFk
C1p2D that's bold. Only a few years ago we had £3m+ in the bank, CW/Bailey tipped to be the next Fosterville, Blue Moon all but commercial, drill holes were multiple times deeper etc etc
I admire the optimism but it really does feel like a boring season of Aussie G/H atm, I was certainly more optimistic back then! + my holding had an additional zero, ffs.
I’ve not watched it for a bit, there used to be a mighty fine lady with a crackin’ ass on it. Is she still on?
Yeah except they get more gold out of the ground with a JCB and a metal detector :0)
Like watching an episode of Aussie Goldhunters,
Morning Peeps......!
https://x.com/i/status/1805489735114149971
"Head Geologist Adam Jones on the progress from Blue Mountain "
All the best (ya welcome.....! :)
C1p2D
‘After 13 years in this share and bugger all so far, I'm the most optimistic about our chances I've ever been. ‘
“Bugger all so far”, that has got to be the understatement of the decade, as I have been here since the naming of that stupid midas rig , I’d use words more like catastrophe, disaster and shambles!
Anyhow onwards and upwards. As long as they don’t do a share consolidation we should get another run at some point, obviously there is no correlation between ecr and AU.
TalkingSense,
"Some people see fowl play/conspiracies everywhere and distract from the actual activities of the company." Then why can't ECR just name the recipient of the shares and put all this to bed. The longer they remain silent the more suspicious it looks to me.
Really not worried about £6k - that's just picking holes for the same of it.
ECR are finally, caveat *pilot*, going to try and get some actual gold out of the ground.
After 13 years in this share and bugger all so far, I'm the most optimistic about our chances I've ever been.
Show me the shiny!
I can't believe that there is all this furore over a £6k fee.
If we had psud cash instead of shares we wouldn't have even been notified.
Companies have dozens of these fees a year and few/not are ever declared in results/RNSs.
Some people see fowl play/conspiracies everywhere and distract from the actual activities of the company.
Activity has started at Blue Mountain you know...oh wait, a £6k bill paid, probably to the tax specialist for their services, is more important. Sack the board!!
This board does my head in sometimes.
Yes Dan relative to the whole shooting match £6k is small potatoes but it leaves a bad taste in the mouth regardless. Some clarity here would put minds at rest if the BOD happen to peruse the BB..
I should add that regardless of these fees, the company has some quality assets and a dedicated board. I'm still not convinced of production from Blue Mountain in the short term, there seems to have been a shift in the terminology. There was a suggestion that they would produce from a small plant, now however it sounds like this will be a pilot plant to determine the viability. Perhaps I'm splitting hairs.
The fact that this party has not been mentioned is highly suspicious imo, it leads me to believe that this advisor is an individual and would be seen as "a bit left field" by the market. Then we have the issue of the shares....I won't say anymore but look at what's been happening here over the last 6 months. Just a thought.
Yes more transparency for ALL fees would be appreciated. It just raises suspicion otherwise after all that consultancy fee business. Remember it's OUR money being spent, we have a right to know what on.