Eurasia Mining Share Discussion Threads

[garryvaughan] 17/12/2020 10:28

sportb / I re-read the Dec 3rd RNS and came up with the same optimistic conclusion !!

[sportbilly1976] 17/12/2020 10:22

Rns 3rd December: "Definitive Feasibility Study As previously announced, the Company had engaged GeoInvestProject ("GIP") to prepare the DFS for its West Kytlim project. The DFS has now been approved by the working meeting of the Russian State Committee on Reserves. The final approval is expected to happen this month." 10 working days from 3rd is tomorrow

[sportbilly1976] 17/12/2020 10:17

Information very kindly found and shared on Telegram group: hxxp://docs.cntd.ru/document/542617390 Items 80 and 84 Essentially Rosnedra have 5 days to grant final approval, then 5 days to send approval to applicant. So we are in the waiting for arrival period now!! FOMO time

[excellance] 17/12/2020 10:07

We will likely get NN shares and a little cash. Of course we could then sell the NN shares. A more likely outcome is if a consortium buys into either EUA or MT, and the consortium could be several mining and finance entities, and again we may get to keep our shares, but they will have a new value to reflect the change. I am getting to an age where I am increasingly looking for yield to provide an income so I'm OK with keeping dividend paying shares. We will be able to sell whatever shares we end up with if it isn't an all cash offer.

[lastchanceinvestor] 17/12/2020 09:57

I'm not sure what to say about this other than that palladium keeps rising, we need the report into the reserves in the flanks first (no discussion is being conducted on this, but earlier this year it was said a company called AP was doing this, and it could substantially boost reserves at Molchetundra?), and that the BoD is now taking far too long - this has been going on for a whole year in one form or another. I can wait till the end and will do so. If it drops to 30p I will seek to top up. I might be able to get my holding up to 400,000 shares. The one wild card I see that isn't discussed on any bulletin board in £:$. Clearly any bidder will have a $ value in mind, although the bid will be made in £. I think the currency markets are absurdly overrating the prospects of the UK economy and that sterling may fall in the New Year particularly if there is a No Deal. I would welcome a fall to parity against the dollar. It would transform the £ value of any bid. This company isn't exposed to the UK economy at all anyway.

[easwarareddy] 17/12/2020 09:18

Sick of seeing red past few days. Come on bod release some news!!

[soilderboy] 17/12/2020 09:17

Can't see a 3.4% drop here looking at the buys

[cblandy] 17/12/2020 08:22

Thanks guys for responding about Blackrock...glad I'm not the only one that's confused. What's important though is that each of your views is valuable and really is contributing to my wider/deeper knowledge base. At some point this 'position' has to break one way or the other and the next part of the journey will continue. It's been a long process so far but the end cannot be too far away now I suspect....most of the waiting is behind us now.

[investraj] 17/12/2020 08:09

The BlackRock trades appear to be daily rebalancing to maintain a certain % weighting relative to the index their portfolio is tracking. Agreed short position is most likely a hedge of that larger long position.

[rutter] 17/12/2020 08:06

It's rather confusing to me. But it would appear that Blackrock's shorts are sufficient for them to keep the price from going up whilst they buy big time . When they have enough shares and stop shorting, then there's only one way the price will go . They're covered both ways .

[cblandy] 17/12/2020 08:03

Dr Darkstar - Thanks DD, your honest opinion always welcomed and valued... 😊

[dr darkstar] 17/12/2020 07:54

Given the piddling size of the Blackrock short positions they are clearly a hedge, perhaps set at a level to maintain a particular value or % holding in a fund or an index. Trading noise in any event. Best ignored imo ..

[cblandy] 17/12/2020 06:29

Morning Guys, Can any of you clever chaps on here confirm if THRG are the one and the same Blackrock? Blackrock Investment Manangement (UK) Limited is THRG's Investment Manager. If they are one and the same they don't seem to be performing to bad through this years Covid problems. I maybe barking up the wrong tree of course. The reason I ask is that I'm still trying to understand what Blackrock's current EUA strategy is everyday @ 3:20 p.m., apologies for my lack of understanding.

[easwarareddy] 17/12/2020 00:59

We hit 44 45p about 2 or 3 weeks ago but slowly have pulled back a little.

[soilderboy] 16/12/2020 23:15

Not sure thats the case with the shorting..More like they know a time scale thats not this time soon. So we could be in for a big fall back until they bail out. A guess. But wtfdik.

[cudgietoo] 16/12/2020 23:09

BACK over 45p?? .. Did I miss something?!

[easwarareddy] 16/12/2020 22:13

Will be happier once we back over 45p. Anyone a chartist? Are we still in upwards trend?

[smraynot] 16/12/2020 20:15

Hmmmmmmmm! Something strange going on. Is the end game nigh?

[excellance] 16/12/2020 18:15

It must be really stressful for the mms trying to fill the big institutional buys with the retail chaps piling on the pressure. The Blackrock shorts could be a hedge, or more likely they are manipulating the share price to fill their boots, and will close those shorts in the blink of an eye immediately before our deals are announced. Timing is everything, and these chaps have a fairly good idea of the timing and where the end price is likely to be.

[mgellie] 16/12/2020 18:08

Bloody hell, 300 odd thousand trade at 15:59 at 38p. Not enough to shift share price MMs? Of course not, too busy trying to drop the price.

[1liam] 16/12/2020 17:58

-ive + -ive equals +ive news. lol

[rolaw1] 16/12/2020 17:41

And increasing their holding from 1.2% to 1.22%

[thedarkhalf] 16/12/2020 17:11

0.1p ordinary CFD Increasing short 182,503 GBP 0.3700

[little minx] 16/12/2020 16:03

Reducing can't you read

[thedarkhalf] 16/12/2020 16:01

Blackrock are increasing their short position. Can't you read?