Eurasia Mining Share Discussion Threads

[mostyn] 18/4/2019 13:19

Eurasia are certainly working twitter:


Eurasia Mining
‏ @eurasiamining
1h1 hour ago

𝙈𝙤𝙣𝙘0413;𝙚Ҵ25;𝙪𝙣;𝙙𝙧𝙖 𝙇𝙞𝙘𝙚0419;𝙘Ҵ10; #EUA
◽️ Approved Reserve & Resource - 2 million ounces PGE & Au #PGM
◽️ Base metal credits - 28,124t #Copper & 30,410t #Nickel
◽️ Metals revenue stream - Pd (45%), Pt (21%) & Cu, Ni, Au (34%)
#Platinum #Palladium #Gold #Copper #Nickel

[excellance] 18/4/2019 12:43

Off topic, and since nothing is happening here...

interesting developments at WRES tungsten mine development in Spain. They are building their mine processing plant and have apparently fallen a little behind schedule, but today's news is an opportunity in my opinion.

Just a distraction I know, but interesting.

[excellance] 18/4/2019 11:57

I think they'll probably enjoy the easter break, then come back next week and crack on.

I'm working all the way thru easter unfortunately, contractual obligation, just unlucky the way the calender falls...and because I'm trying to lose a little lard no easter eggs for me!

8(
8#
;/

[book5] 18/4/2019 10:54

Start of production is discounted
What may not be discounted is second washer plant

[book5] 18/4/2019 10:51

Very cold this weekend

Imho Forecast says end of April/ beginning May we will be producing

[mostyn] 18/4/2019 10:44

Eurasia on twitter:

The market seems to have completely missed the significance of this. They are unlikely to have tweeted this unless they are confident of an imminent start.

Eurasia Mining
‏ @eurasiamining
27m27 minutes ago

𝙒𝙚𝙨𝙩 𝙆𝙮𝙩𝙡0414;𝙢 - Site Photo Update
#EUA #Platinum #Gold #Production
◻️ Improving weather & daily temperatures are rising
◽️ Production season imminent
◽️ Second largest alluvial #PGM reserve in the world
◽️ Low cost operating mine with production permit to 2040

[block4gooner] 18/4/2019 10:36

https://twitter.com/eurasiamining/status/1118804622146244608?s=19Here is link

[pennstreet] 18/4/2019 10:31

More site pics on Twitter

[charles clore] 18/4/2019 09:15

Nuggets are another dimension for alluvial deposits. I am hoping we will see some monsters this year.

[book5] 18/4/2019 08:57

That is the case
Awesome

That nugget effect ...

[book5] 18/4/2019 08:16

El dorado !!:)

[excellance] 18/4/2019 08:10

I expect so.

[book5] 18/4/2019 08:09

So, we have thee rock source. Interesting.

Concentrations on the hard rock are probably very low and we need to leave it to the nature to weather the rock away and leave the PGM deposited in the gravels wages by the river?

[excellance] 18/4/2019 08:04

I wondered, a while back now, where the WK pgm came from, and if any of the source rock was not eroded away and still intact.

Alex has today kindly posted evidence that source rock does still exist, so now I suppose the question has to be about extent, grades and viability as a new resource to exploit?

Over to you Alex!

[excellance] 18/4/2019 08:00

This is the source rock of your #WK #Platinum. The sample is from another massif, more to the South from but the same geology. The other photo is one of the very few underground workings where they tried to explore/exploit hard rock PGM mineralization more than 100 years ago. hxxps://t.co/1Dc2pSKJjM

[book5] 18/4/2019 07:31

Rns After Easter’s then
All good

[excellance] 18/4/2019 07:26

Maybe, but very little rns news today across the market, seems everyone has gone on holiday.

[excellance] 17/4/2019 23:35

I am looking forward to that day, and to see the options exercised too.

[driver101] 17/4/2019 23:24

166m warrants is not much in the scheme of things, only takes 15 investors on this board to hold that amount. When decent news brakes they could be swallowed up in a few days.

[excellance] 17/4/2019 23:07

Regarding the outstanding warrants, they need to be exercised in the next year or so, or be void.

166,666,665 warrants at 0.60o is too much to swallow, but, maybe institutions would gobble those up when MT progresses.

[charles clore] 17/4/2019 22:50

Unfortunately the protracted period of borrowing by the company over several years using greedy benefactors has led to a large number of options and warrants near to the current price that need to be worked through the system before a decent price increase can be achieved. In the short term I think this will inevitably require a bit more patience from shareholders unless we get some blockbusting news or a deal that will blow away the cobwebs. Yes ex, I agree it is worth more than 0.6p. Optiva puts the price at a minimum of around 3p after the MT permit last year considerably derisked it. I look forward to reaching a penny and holding above that, this year with a bit of luck, probably when the company announces progress on the Sinosteel deal.
Nice to see the PGMs rallying tonight.

[excellance] 17/4/2019 22:32

The odd thing is that the mkt cap of a company is derived from the propensity of investors to buy sharez on the open market, and little to do with logic and calculation, unless you take the view that the market maker or large holders somehow regulate or control the price with buying, selling and shorting. The variables are endless. We each pay our money and take our chance.

If you go with the logic and calculation narrative, I'd love to know what data can be used here that bears any resemblance to the actual current market price.

By any measure, if you believe the Eurasia story this is vastly under valued...but we have to move from the current known loss making company to a proven profit making outfit with growth potential and a proven track record of management that deliver.

0.60p are you kidding me?