Eurasia Mining Share Discussion Threads

[jess1963] 21/11/2019 00:01

I'll get my better half to look at it in the morning ???

[excellance] 20/11/2019 23:48

Lol

Keyboard "?" glued down is it?

[jess1963] 20/11/2019 23:45

Sorry the question mark is not meant to be there , I'm referring to myself up and not topslicing ?I ve never given an opinion in the board , certainly never dissed any one But I can see how my msg appears with the flipping question mark I cant get rid of ?

[excellance] 20/11/2019 23:30

Regret can be hard to cope with.

[telbap] 20/11/2019 23:29

@exLove your kids always.Never live stockAfrnMoni (twice!)SOUThe list goes on and on....Love your kids and GF, they will love you back.

[driver101] 20/11/2019 22:50

I'm hoping the pattern will break tomorrow and we see 4-6p

[driver101] 20/11/2019 22:48

cc

I think book is more bitter than you think he has been de-ramping EUA on other threads, not a good sign for buying back in..

[charles clore] 20/11/2019 22:43

ex - we all want book to buy back in so maybe driver is making a case for the price rise to stagnate to give book an easy entry point.

[dr darkstar] 20/11/2019 22:42

The chart is clear and it predicts a move to nearer 7.5p. You have to take into account the intraday highs and lows to do the prediction properly. Watch this space ......

[excellance] 20/11/2019 22:29

Not sure how to read that?

What about 7 days or 10 days?

The chart is clear, we've broken out, and the odds are in our favour for continuous rises up to about 5.5p or 6.0p

Obviously news could help or hinder that.

[driver101] 20/11/2019 22:24

ex

Yes we will find out soon..


There a pattern forming over the last 5 trading days.

+17.12%
-1.54%
+9.38%
-1.43%
+5.80%

[mgellie] 20/11/2019 22:18

Ok, gotta be honest, sold out of OEX a while back and put my dosh in here. Just hoping that things move on here quicker than OEX....

[excellance] 20/11/2019 22:18

In the past we didn't have any money never mind $5m, so we had to try and attract a contractor...but so far no contractor took the bait meaning we have to either let it go or develop it ourselves then either run if or contract out.

I understand there are several old gold mines associated with the tailings, but Eurasia always said they weren't interested in them...but maybe they are, if there's "continuation" between, which appears to be a CS speciality.

The tailings facility would be a foot in the door...

We'll find out soon.

[driver101] 20/11/2019 22:06

ex

Only £5m to develop STP we can do that now with the money coming in ourselves without contracting out.. Or start up the same as WK with a 60/40 split..

[mgellie] 20/11/2019 22:01

Up 1.45%......but hey, you gotta start somewhere!!!

[excellance] 20/11/2019 21:52

Death or glory is the mantra here, the traders have come and gone, like russianguru or zhockey, long gone now and wishing they'd stayed as we suggested they should.

This isn't a trading share until we hit a plateau, and that level is a long way off...

With MT completely funded whichever way we go, WK revenues will be split between cap ex for more drilling and processing, and dividends.

With added MT cash to quickly ramp up WK we could see significant monetisation over the next 12 months.

$26m from MT/SS and maybe another $6m from WK. Deduct $3m for cap ex and operating costs.

That's about $30m for divi and special divi, but then we'll have the prospect of either the sale of part or all of MT but also MT development, and maybe STP deal too.

They did bulk sampling of the tailings at STP and I understand recoveries were 44% with IRR of over 85% at 10% discount at around current gold prices, so a deal is likely, or maybe we'll just do it ourselves!

So from next year loads of cash will be flowing our way!

[fillupmaz] 20/11/2019 21:25

So is that it for warrants? No further news regarding exercising the remainder unless tomorrow the final few are announced.
I'm still holding tight to my stash of shares, no top slicing and in to the end. I like that scenario CC, nice!

[charles clore] 20/11/2019 21:16

ex - I think our first reward could be as a result of one of two events:

a) The dividend they were talking about regarding all the spare cash we have cluttering up the place, or
b) A special dividend of 15p per share resulting from the sale of Monchetundra for the sum of $1bn plus a net smelter royalty of 5% lol!

[upthepool] 20/11/2019 20:45

And who Jess, do you think you are exactly to advise that another investor is wrong or right to top slice?

So, Mr. Smarty Pants, my average is 0.56p....when, in your most esteemed, opinion should I have top sliced?

[cool hand kev] 20/11/2019 20:31

0.5p average :-) and still holding them all for the end game

[jess1963] 20/11/2019 20:19

677% up ?And probably wrongly haven't too sliced?

[pennstreet] 20/11/2019 19:57

UTP - I'll second that ?

[edjge2] 20/11/2019 19:50

Enjoy your big profits but be aware of a reverse. I'm a newbie so gain is under 10% but looks like more is on the way.