Eurasia Mining Share Discussion Threads

[ekuuleus] 06/10/2019 13:38

Ducks lining up? They died of old age. Is that where the phrase dead duck comes from?

[snowman100] 06/10/2019 13:33

Good news will come soon Penn like a bolt of lightening out of the blue !

[pennstreet] 06/10/2019 12:30

Love the optimism guys - but we've had the analogy of ducks, buses, etc for well over a year!! Come on EUA ffs - at least let's have some updates on how things are going!!!

[snowman100] 06/10/2019 11:08

Beginning to slot into place ..... like the jackpot wheels in Las Vegas !

[book5] 06/10/2019 10:49

Another analogy:
We are like Ali Baba, poor folks, who have discovered the secret PGM’s den, we need to find our equivalent phrase to "Open Sesame"
If we do, then it’s richness would be ours

Exciting days ahead

[excellance] 06/10/2019 10:12

Golden geese laying golden eggs more like!

[snowman100] 05/10/2019 18:21

All the ducks are slowly lining up!

When the positive news flow finally starts......we will skyrocket!

[book5] 05/10/2019 18:14

Pd price trend is in our side
One reason Pd is going up is to encourage the industry to develop previously un-conventional non-profitable mining projects
MT will be looked with magnifying attention glasses before it is rejected, so things are looking extremely good in that front.
Hopefully we have good winds in the USA/China front and Pd to 2000 soon

[book5] 05/10/2019 18:07

Snowman

Well spotted.
We have been told nothing.
It would be nice if Eua tweets they have started.

If it has not started yet , then according to program we are delayed. May be over promised, over optimistic? As far as they deliver, and it is not liquidated...I don’t mind to wait 3+ years more for mining to start

Thanks and GLA

B.

[excellance] 05/10/2019 17:51

As things stand, MT is still 80% owned by Eurasia Mining. The way the finance works is that MT needs to be transferred to a new entity and it is they that get the Sinosteel cash, and pay Eurasia, and it is they that have to manage debt repayments.

We won't get a penny until the new MT mining company is rolled out and funded.

Meanwhile we are funding all work at site, to the point agreed, and then the corporate people get involved.

Extremely exciting but very scary few months ahead!

[snowman100] 05/10/2019 16:43

Has pre-stripping actually started yet at Monchetundra? ......it was due to start at the beginning of the 2nd quarter this year?

[book5] 05/10/2019 07:49

We will listen more of this hydrogen application:

[book5] 05/10/2019 06:53

Thanks Cud

By looking in google:
The pit to the west is on a small hill
The pit to the east is on flatish terrain by a main road


So it is seems that there is lots of overburden. This could the main reason why market values MT to zero.




This may be a shallow low grade deposit (in comparison with south African deep shafts), but it is covered with a deep hard overburden which make it risky to considered it for mining...

But soon , once mining report is approved or rejected by authorities we will know how feasible it is to remove it and may be even the cost of it. Hopefully we get re-rated upwards

[cudgietoo] 05/10/2019 01:05

Book - Maximum 220m to 250m deep per site, based on open pit plan

Bear in mind though that this stuff is in a mountain ...
So we could "go in from the side", depending on topography?

All will be revealed in the fullness of time, I dare say

Been a while, ain't it?!

[book5] 04/10/2019 17:48

Cyber
I believe metals to be mined are at least 100m below ground level? And that is the main reason why sinosteel will pay us $25 million : to remove all the overburden in readiness for the mining operation.

Does anyone recall how many meters of rock need to be broken and removed to reach the rocks rich in metals?

Thanks

[cyberbub] 04/10/2019 17:30

Mostyn it's not out of the question that some modest-scale toll processing could start within 12 months, if the ore is shallow... Could bring in a bit of useful income while the mine is being built?

[book5] 04/10/2019 17:14

And “money will be in the post”

That will be helpful and Wellcome

We hope you are right Exc

B.

[mostyn] 04/10/2019 15:36

We are overdue some news.

It's about time we had the reserve approval for last years WK drilling. If it takes this long I'm not surprised they decided to do all the reserve drilling at once.

Surely by now they have made some more specific progress at Monchetundra. If not it's about time they officially revised the full production start date on their presentation that has been there seemingly forever (Q3 2020 - seems unlikely).

Tweets are no substitute for hard news.

[ekuuleus] 04/10/2019 14:48

may as well take another month off. I dont expect much action here.

[charles clore] 04/10/2019 13:49

I see the troll is back from holiday!

[aidenabettin] 04/10/2019 12:59

PHB 1 Month +149%

[aidenabettin] 04/10/2019 12:09

What if you bought PHB with your BTC?.Open a CDP with Makerdao and put ETH in and Borrow /Trade with Dai.Let Cryptohopper do the algorithms for you and trade in and out automatically 24/7.The times they are a changin

[lew stules] 04/10/2019 12:05

You beat me to it Kev

[lew stules] 04/10/2019 12:04

Is that the same BTC that is currently dropping like a stone?

$6,000 next stop on the way down, bears all over it.