Australia's largest stock trading and investment forum Australia's #1 stock forum

EAR

Click for more information

0.75%

33.3¢ echo resources limited

Hi @loki01 Not a goldie myself, I hold a couple, but never with...

First 18 Last

Share
Profile

Follow
philh9

8,734 Posts.

220

06/08/18

11:56

Post #: 34744758
Share

Originally posted by loki01 ↑

I thought they would not need a CR, but if the bankers insist on one then we could see around another 100m shares being issued, I suppose.

The market is saying bend over and take another beating you goldiebugs.

Rather disappointing. Fortunately I sold half my holding sometime ago. Will look to buy them back once EAR gets closer to production.

The gold/goldie market is basically in the toilet. They could go either way - waterfall down or have a bit of a jog upwards before the Fed's coming 2018 rate rises knocks them back down. Not much point in holding them at present, even ones with seemingly good longer term prospects. Even WAF has been getting a a solid kicking, despite its cash and solid FS.

loki (I never dreamed that my 2 CSG/oilers and copper hopeful would be outperforming my goldies.)

Expand

Hi @loki01

Not a goldie myself, I hold a couple, but never with the love I show for copper or most things battery storage related. I am interested to see what NST will do with this, today is just an odd day, I suspect it will correct. I will sit buy a few and wait.

Cheers
Phil.

EAR Price at posting: 20.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ADD

Parkes Au-Cu project to 'transform' Adavale Resources with key targets

RSG

Resolute shares bounce back as second payment made to Mali government to secure workers' release

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

Dale Gillham's weekly wrap: Bold moves in NZ, caution in Australia

Ice-cold winner: Cryopreserver Vitrafy escapes November's IPO struggles to end debut week higher

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

HotCopper Highlights: Your most watched stocks for Week 48, 2024

There are more pages in this discussion • 20 more messages in this thread...

First 18 Last

Add EAR (ASX) to my watchlist