From £6.99 per month
ShareProphets
The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares

MINDING THE LSE’S BUSINESS

Join for as low as £6.99 per month

With ShareProphets’ membership, you receive:

• All premium articles

• Tom Winnifrith’s Bearcast

• Access to all the entire nearly 10 year archive

• ShareProphets Daily Newsletter

Licence challenge for ECR Minerals

By Robert Tyerman | Tuesday 18 November 2014


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


ECR Minerals (ECR), an out-of-favour AIM-listed company with decidedly entrepreneurial Australian origins, is celebrating some encouraging sampling results from its Sierra de Las Minas gold project in Argentina, as it awaits developments at its flagship gold joint venture at Itogon in the northern Philippines Island of Luzon. The London-based company, which has lost more than 93% of its stockmarket value in four years and says its strategy is to delineate ‘high-grade, low-tonnage deposits’, says the Argentine sampling has yielded results including 1.6 metres with no less than 28.4 grammes of gold per tonne of ore, 0.2 metres with a bonanza 62.5 grammes a tonne and 6.1 metres with 3.77 grammes a tonne.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

ANP

Anpario – a recovery Buy?...

Thursday »

Cat_Fixing_Lightbulb

Bearcast issue update: all should be well

 

ORCP

Oracle Power: Cynical Foul

Time left: 09:52:26