European Gold Share Discussion Threads

[bogotatrader] 16/5/2011 16:31

chart looks fantastic with 800p on cards within next few days and then onwards and upwards towards 10 pounds and higher....Goldmans will push this one to institutions and there will be the press comment to the retail market to move in on this one....going higher....

[seagreen] 16/5/2011 14:55

book early to avoid disapointment I guess the canadians must have liked the agm

[nellie1973] 13/5/2011 14:07

Upgraded to buy today target 1350p

[seagreen] 06/5/2011 12:35

European Goldfields Ltd: Numis Securities Ltd upgrade the stock to Buy and increased the target price to 1100.00p

[seagreen] 26/4/2011 13:57

cack on its way back to £10

[kickstart] 13/4/2011 23:12

Quadruple bottom now , looks like they are going down big time. should open around 675p in the morning broken all support.

[seagreen] 06/4/2011 09:13

Up 9% yesterday in canada on good volume and a tripple bottom put in...could indicate a positive move

[mark_jm] 04/4/2011 22:12

sp fluctuation would indicate highrisk at present ?

[cammy3] 20/3/2011 13:02

Around £450,000 in Director buys last 2 days !! Thats a fair chunk of cash

[cammy3] 19/3/2011 13:46

Investors Chronicle

European Goldfields remains confident that approval for its environmental impact statement Enterprise Investment Scheme (EIS) in Greece is imminent, which should lead to final permitting.

The Romanian EIS is going through public consultation, yet the company expects to begin constructing these projects this year.

More share tips and updates...

SHARE TIP UPDATE:

Buy

Final permitting will provide a strong catalyst to drive the shares, which remain a buy at 745p.

[seagreen] 25/2/2011 14:34

well the canadian like the response

[nellie1973] 25/2/2011 13:38

Broker upgrade

[seagreen] 25/2/2011 12:32

long term mate long term............

The Company confirms that it has not been asked to provide any additional information by the MOE regarding groundwater or groundwater pollution. The Company has previously received confirmation from a Special Technical Committee of the MOE that the final Environmental Impact Statement ("EIS") conformed with all technical requirements under Greek and EU environmental legislation.

In addition, the Company wishes to highlight that after full public consultation, on 10 December 2010 the local prefectural council unanimously supported the EIS and passed the same to the MOE for final approval.

[tushface] 25/2/2011 09:10

What else would they say?

They have clearly been wrong footed by this news which now looks to have compromised both the minister and the company.

this is now a political issue and that will require a political solution. Therefore dont expect anything to be announced any time soon.

[seagreen] 25/2/2011 08:54

If you speak to the company as one of my chums did you will find they are very confident and these recent inuendos makes them even more so that things are very close to approval, after all they ahd 100% approval of the recent EIS.

[robizm] 24/2/2011 20:44

only 22% down in canada

[envirovision] 24/2/2011 20:22

Greece is probably one of the worst countries for this type of thing. There will be three or four tiers of corrupt departments working on a bottoms up approach with little clue what the other departments do or the legal standing or operation of such.

LOL, local prefectural council. What ever they have heard and written on a proposal, it will be full of legal holes, ambiguous and flawed generally full of legal mistakes and will simply be batted back to the very start.

This will go on for years in a game of corrupt incompetent ping pong, and get no where imo.

[tushface] 24/2/2011 19:10

wishful thinking in my view. Quite clearly a briefing ocurred and quite clearly the Minister decided it appropraite to make the following statement to journalists.

"This is a polarising issue," Environment Minister Tina Birbili told reporters during a briefing on Thursday. "There must definitely be more consultation".

It spells delays and not a write off. The way this was handled gives the company a justifiable cause for complaint to the Ministry, which will roably get them nowehere and possibly even sour their ongoing relationship.

Lots of very well respected commentators in US & Canada have been plugging from EGU from when it was under £1.

Agree with the previous post about waiting till dust settles. All those ounces in the ground wont be going anywhere, but then again they wont be coming out of the ground any time soon.

Will be interesting (as an outsider) to see how low they go tomorrow before the buyers arrive.

Market makers will have to be on to of their game tomorrow. Its a pity they arent traded on SETS or I would have probably had a low ball punt myself.

[seagreen] 24/2/2011 18:03

looks like a greek trying to pick up cheap stock to me 8-)

Company Update


In addition, the Company wishes to highlight that after full public consultation, on 10 December 2010 the local prefectural council unanimously supported the EIS and passed the same to the MOE for final approval.

European Goldfields has full confidence in the integrity of the permitting process in Greece and will keep the market informed as necessary.


Restoration - European Goldfields Limited


The trading on AIM for the under-mentioned securities was temporarily suspended. The suspension is lifted from 24/02/2011 5:35pm an announcement having been made.

Still suspended in Canmada by the looks of it and no announcement there yet

[seagreen] 24/2/2011 16:37

agreed the dreaded averaging down process of aim is about to rear its ugly head

[wassapper] 24/2/2011 16:23

I don't hold at the moment (thank God) but these things happen, and it could be a good buying oportunity when the dust clears.

So the Greeks don't need the cash and don't need the jobs eh? Should we tell Angela Merkel?

It may take time but very likely this could be resolved in EGU's favour.

However, it does bring to mind a conversation I had about 4 years ago with a geo who had worked on this project. He said that these was local opposition.

[kickstart] 24/2/2011 15:49

Hope no one was long on a spreadbet. I agree they have a lot further to fall IMOP.