Eurasia Mining Share Discussion Threads

[cool hand kev] 04/10/2019 12:03

Bitcoins dropping like a stone

[aidenabettin] 04/10/2019 12:01

BUY BTC or ETH

[aidenabettin] 04/10/2019 12:00

All moving to crypto

[mostyn] 04/10/2019 11:41

Eurasia working twitter again:

Eurasia Mining@eurasiamining
·
9m
#EUA #Palladium #Monchetundra
𝙋𝙖𝙡𝙡0406;𝙙Ҵ14;𝙪𝙢; - 𝙐𝙥𝙬𝙖0423;𝙙 𝘿𝙧𝙞𝙫0410;𝙧Ҵ24;
▫️
Positive macro tailwinds
▫️
Lack of ETF outflows
▫️
Expectations for a recovery in growth in Chinese auto sales
▫️
Momentum-based buying by the CTA community
hxxps://buff.ly/2lBdR4E

Actual news on Monchetundra would probably work better.

[book5] 04/10/2019 11:29

I do sell none
In spite of mt=0£ valuation it may be higher Pd means we short out the problems

A bit like when they starterd extracting oil, at the beginning only oil at 50m deep was possible to be extracted,

So my bet keeps on, we shall see what happens. Pitty is they keep the fun out of us as we don’t know what the problems are, pity really

[thebeastofbodmin] 04/10/2019 11:27

I didn't read anywhere that anything had been transfered to Lesego at this stage?

[ekuuleus] 04/10/2019 11:13

sorry Excellence but DS's transfer of assets to lesego strongly points to a backdoor dilution.

[aidenabettin] 04/10/2019 10:54

Liquidated

[book5] 04/10/2019 10:52

When we have bad news at WK , then market takes notice and share price losses for weeks, so to me WK is the only asset the market values.

Market values MT at zero, but why? And what they plan to do about it. Answers please

[excellance] 04/10/2019 10:50

I doubt there's any serious tie up with lesego, but it may muddy the waters enough to put everyone off the scent of what os really going on.

If anyone suspected a major was sniffing about the share price would shoot to ridiculous levels, but that's what I think is happening.

Lesego is just a smoke screen.

[mostyn] 04/10/2019 10:30

CC,

I think another thing confusing potential investors, and possibly a few on here, is where are the company going with Lesego. In a normal situation a potential tie up with a 'potential' major would have led to a significant share price rise. However, I think it's difficult to see the logic from Eurasia's side which leads to the suspicion that we might get a deal that did not reflect Eurasia's longer term potential. With the Sinosteel loan in place what specific benefit is there in any deal with Lesego. All this helps to confuse investors and uncertainty doesn't encourage investment.

[charles clore] 04/10/2019 10:08

mostyn - I believe you are right. Without evidence of progress at MT, people find it hard to visualise the company going anywhere let alone opening a producing mine. Even Pd at all time highs does not impress the punters. I'm not surprised some feel like giving up!

[book5] 04/10/2019 09:54

Deposit is what it is, it is obvious it is a challenging deposit, otherwise share price will be in the moon.
Company marketing is base in Pd rather than in numerating difficulties and telling us how they plan to overtake them

We need to deliver :
- the plan to mine needs to be accepted by authorities, massive pits, expensive blowing up , close to road etc. No an easy cake
- need to freeze metallurgical process , in a manner it convinces Eua , bankers, sinosteel.
- solve the finances

Where are the real news? We are kept in the dark most of the day

Question is, will MT ever be built, when and by who

My bet is that as Pd is going stratospheric this alone will help to solve all the unpublished problems. Key for me are the mining permit of both pits, they are different one next to main access road through town

Am I wrong? I will like to be told so

GLA

Death or glory for me, If MT does not work hopefully WK works well enough to recover our investment

[excellance] 04/10/2019 09:42

4 weeks to brexit and a general election, so the value of gbp could fluctuate considerably, and the markets are nervous.

We are however near the end game in so many ways, then we pick up the pieces and start over again.

[mostyn] 04/10/2019 09:38

What Eurasia need is to show some demonstrable progress at Monchetundra, and the market might then wake up to the fact that Eurasia has a very valuable (and predominantly Palladium) mine, which could be in production in the relatively near term. The rising price of Palladium might then have an impact on the share price.

[excellance] 04/10/2019 09:34

Nice article.

This month however is dominated by brexit.

[pennstreet] 04/10/2019 09:12

We need to get shot of the sellers!

[driver101] 03/10/2019 20:16

Penn


As long as it stays over 1600 we have a $3B asset

[excellance] 03/10/2019 16:49

44/47 spread?

[pennstreet] 03/10/2019 16:26

Palladium tanking again !

[cool hand kev] 03/10/2019 14:40

Yes the only other Mine closed down, South African I think?
aidenabettin: Well spotted :-)

[ekuuleus] 03/10/2019 14:20

A while back, I posted that 165Kg is about 1% of world output of platinum. Well, without rechecking, something like 1%. The important distinction is the alluvial adjective. I think EUA is the worlds only alluvial platinum mine.

[aidenabettin] 03/10/2019 14:06

Nice pun there