Eurasia Mining Share Discussion Threads

[cool hand kev] 29/5/2019 11:50

How long does it take to design mining equipment?
It's not as if it hasn't been done before.

And only a year away from a 15 year(minimum) fully producing mine :-)

[driver101] 29/5/2019 11:37

I'm with Charles, the latest Tweet from EUA this morning shows the time chart, I would not accuse the company of miss information, so at the moment we are still at the design stage. All is going to plan as far as I'm concerned.

[cool hand kev] 29/5/2019 11:17

Mostyn: With the current lack of news flow we'll be lucky to get to 1p B4 EOY :-(
It wouldn't surprise me if half the list has jumped ship (or miner) by then

[charles clore] 29/5/2019 11:12

And yet another tweet this time showing the gannt chart from the company presentation which still gives Q2 for start of Monchetundra EPC and pre-stripping with mining start up still scheduled for Q2 2020. It would be disingenuous of CS to tweet that today if it wasn't happening (wouldn't it?) so that leads me to assume that everything is going according to plan and CS simply feels that it's all in the presentation and there is no need to inform the market. Therefore the only time we should expect an RNS is if the timeline changes.

However, a general update on all activities including WK would be quite reassuring.

[mostyn] 29/5/2019 10:52

driver101,

It's interesting to look back at what members of the board thought a few months ago. I suspect there would be many estimates marked lower now. Somehow CS seems to have managed to more or less kill any near term expectations. In particular Monchetundra now feels like a much longer term prospect than appeared to be the case 6 months ago. I wonder what happened to all the institutional interest. There doesn't seem to be anyone putting their head above the 3% parapet.

[driver101] 29/5/2019 07:53

This is now closed to new entrants.

End of year share price target for an additional coconut at the end of trading 31 Dec 2019
The list will be posted Now and again.

driver.........................4.5p
russiaguru.....IBS......1.5p
cyberbub..................2.5p
LivewirePlus.............3.0675p
mostyn......................1.1p
PennStreet................6p
excellance.................3.3p
livup967.....................10p
book...........................5p
user2007....................1.21p
billionairepaddy..........2.8p
milste1........................2.95p
Willmac4671...............2.4p
fillupmaz......................3.8p
thechinaman1.............0p (sold)
snowman100.............18.5p
Dr DarkStar.................7.5p
Charles Clore..............2.75p
cool hand kev...............3.5p
davidspringbank...........1.7p
DRH3..........................2.1p
Ekuuleus.....................0.8p
Alexei Boucher............2.8p
Whiteflowers..............2.3p
Cudgietoo...................3.35
STOPH.........................4p
lew stules....................1.925
abrahe00....................0.9p
BMNSA.......................2.75p
Block4Gooner..............4p
Cezary..........................50p
mold..breaker........... .85p
The Deacon................1.35p
dubjon.........................5.4p

[aidenabettin] 29/5/2019 00:39

"Adventures in modern Russia".Nothing is true and everything is possibleand its all apparently "neizbezhnyy"

[cudgietoo] 28/5/2019 23:58

This number's growing on me:



Meanwhile, the mining season at WK is imminent ..
Processing hopefully started three weeks ago but the season remains imminent

Am looking forward to the next update
All we can do is sit tight and wait, I guess?

[excellance] 28/5/2019 23:50

2019 high over at ECR before falling back. The interesting thing is that like Eurasia they encountered a nugget which caused them to reconsider their assay results and get them done again with much bigger samples.

Surrounded by nuggets, on here, at home and at work, nuggets everywhere!

[russiaguru] 28/5/2019 17:26

Eku, may see you there.

[book5] 28/5/2019 14:36

Eku
I will need to live with that then.
Thanks
B.

[drh3] 28/5/2019 13:36

Bet you are not saying the same today about JAN .... have just seen the sp

[ekuuleus] 28/5/2019 13:23

just the corporate process.

[excellance] 28/5/2019 12:41

The tweets are mostly on a loop, old and out of date, take them with a pinch of salt.

[book5] 28/5/2019 12:31

Eku

But why?
To me very good news are in the pipeline

[ekuuleus] 28/5/2019 12:03

I'd expect complete silence from eua until the agm on 20th June.

See you there.

[fillupmaz] 28/5/2019 10:13

Site photo update...? It's the same photo they posted on 16th May, 28 April, 18th April, and similar to the one on 15th April... all saying 'Production season imminent'...
I look forward to the same photo being posted again soon when production should still be imminent...

[abrahe00] 28/5/2019 09:54

The weather was okay 3 weeks ago. This is pure mismanagement, nothing else. And, no amount of pointless, repetitive tweets is going to cover that up.

[driver101] 28/5/2019 09:43

I would say imminent is this week the weather must be ok now, and all the prep work must be done.

[book5] 28/5/2019 09:34

May be in June???
No good
What is going on?

[mostyn] 28/5/2019 09:31

I'm getting very tired of seeing the word "imminent". I wish Eurasia would make some sense. In the finals on May 15th they stated " At the time of writing production is ramping up for the year to full scale at West Kytlim and the Directors now regard Eurasia as an established mining Company." If production was ramping up to full scale how is it still "imminent". Shambolic communication!


Eurasia on twitter:


Eurasia Mining
‏ @eurasiamining
8m8 minutes ago

#EUA #Platinum #Gold
𝙒𝙚𝙨𝙩 𝙆𝙮𝙩𝙡0414;𝙢
◽️ Site photo update
◽️ 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

[book5] 28/5/2019 07:59

Exc
Best of luck with your picks
My main hope is Eua, GLA long term suffering holders

[johncasey] 27/5/2019 23:23

I HOPE ECR get something like this a few months ago : A Canadian mining company has hit a rich seam of gold-bearing rocks in Western Australia, believed to be some of the biggest in mining history, and worth $10.7 million.

RNC Minerals says its Beta Hunt Mine in WA's Goldfields produced 262kg of high grade gold from 130 tonnes, dug from deep underground over one week.

The gold includes 190kg of gold-veined quartz rock. The largest rock weighs 95kg and has an estimated gold content of 70kg, worth almost $3 million. A second is 63kg, with an estimated gold content of 46kg, valued at $1.9 million.

[johncasey] 27/5/2019 23:13

on ECR'S twitter page they have around 15 boxes i can see with nuggets in them..wonder if they are the samples they had analysed? are they allowed to show them before putting out a RNS?

[excellance] 27/5/2019 22:38

/Delivering the Next Multi-Million Ounce Gold Resource in Australia

ECR’s wholly owned Australian subsidiary Mercator Gold Australia (“MGA”) has 100% ownership of five gold exploration projects in Central Victoria, Australia.

Exploration activities in Victoria are being led by Dr Rodney Boucher...

--------

I have to admit to being quite excited about ECR's potential, lots of positives, very high risk but exceptional reward also...

Low mkt cap of under £4m and at very early stage exploration, so more fund raising and more drilling required, and lots of time, but if this batch of results is exceptional then the current share price will rise exponentially.

I have a small stake of under £3k

My other exciting mining punt is rambler in Canada where they have recently refinanced and are about to turn profitable (I hope) and the long term down trend has broken higher, but with a drilling report abd reserves upgrade due for the high grade phase three zone things could get very interesting.

Meanwhile Eurasia is still by far my biggest single investment apart from my house!

Let's see if we can break this 0.60p barrier and steadily put it behind us.