ESR estrella resources limited

7.14%

4.5¢

This will be my last post in ESR, page-3

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Merchant2000

25,005 Posts.

985

03/02/17

14:44

Post #: 22353743
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Originally posted by eshmun ↑

Hi @cluong3000,

I'll give it my best crack mate but it won't be easy. Stay tuned to these threads as the people who lost money might be better acting in numbers. I'll update you on any progress I make but don't expect any quick results. A lot of people will need to be worn down if anyone is going to act in a situation like this.

I haven't sold as I have a strong discipline in my portfolio weighting construction. When it comes to speculative stocks, the dogs are left in the bottom draw to remind me of my mistakes so hopefully I don't make the same mistake again. This one hurts a bit more than the normal as I had a lot of confidence based on the company announcements. I want to get confirmation form industry accredited geologists experienced in lithium as to how easily spodumene and other lithium baring minerals can be identified and how easily grade can be estimated from diamond core samples. That's why I'll be writing to the director of AiMM to ask if this series of announcements is in line with the JORC code of reporting.

All these announcements contain disclosures saying that the geologist validating the technical aspects of the announcement have sufficient experience under the code to allow the announcements to be released and that is what as investors we rely on.Esh

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Same thing happened with KRC
Price went ballistic with rock chip samples( announced to market ) only to find after analysis the results were less than ordinary
Price from 20c to less than 1c even with plenty of drilling since then
IMO
Trust is a crucial issue after being burnt
Dyor

ESR Price at posting: 4.4¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

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(20min delay)
Last 4.5¢		Change 0.003(7.14%)		Mkt cap ! $92.33M

Open	High	Low	Value	Volume
4.2¢	4.6¢	4.2¢	$309.2K	6.937M

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No.	Vol.	Price($)
4	442406	4.5¢

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Price($)	Vol.	No.
4.6¢	445674	3

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No.	Vol.	Price($)
3	419806	0.045
4	2500000	0.044
1	414775	0.043
1	925000	0.042
1	100000	0.041

Price($)	Vol.	No.
0.046	445674	3
0.047	399971	2
0.048	640669	4
0.049	104755	3
0.050	611595	6

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This will be my last post in ESR, page-3

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HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

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