Eurasia Mining Share Discussion Threads

[halland75] 14/9/2021 17:31

Make up your mind fizzmiss...you say I am on too often "attention seeking", then you don't hear from me for hours and you say I've gone quiet.

Attention seeking to me is being on here most of the day from 8am and at weekends!!!
Who comes here on a weekend like I see you are on when I scroll on a Monday says to me you haven't got much going on your life.

Sad, to say the least fizzmiss.
We all pity you such a small life.

Bless :-)

[bamboo999] 14/9/2021 17:30

Getting impatient now. Lol

[themadstork] 14/9/2021 17:27

Let me be clear: EUA do not, have not and will never own a proved-up sellable nickel or copper resource of anything other than a micro-grade byproduct of PGM exploration. Their current actual proved up resources of said metals amount to roughly 0.5% of their total resource by metal value.

They are, have been, and will be, valued as a PGM miner/explorer. Any attempt to bring other, more in-demand metals into the picture is merely a desperate and obvious attempt to deflect from the fact that, as a PGM miner/explorer, EUA is at minimum 20 times -and more realistically 50 times- overvalued. There will consequently never be a sale and anyone holding for such will lose 90%+ of their money long term.

[bigpecs] 14/9/2021 17:22

Must be an error lol

[love_a_good_jubbing] 14/9/2021 17:19

Come on even you don't believe this garbage you write! Where does anyone mention P2 at NKT or are you assuming things again?Can tell you aren't up to speed and also the notarised agreement is meaningless for Nyud then. Like I said before, keeping that comment for when it is proven badly wrong

[bamboo999] 14/9/2021 17:16

Or not haha

[themadstork] 14/9/2021 17:13

I see. So your great, mega value-adding, rabbit out of the hat is

1)Completely speculative grade-free P2 at NKT, which is obviously totally worthless on market
2)resources that EUA do not own

Well, I'm convinced.

[upthepool] 14/9/2021 17:02

Oh well done you. Said it would be red every day since 15p.....finally got one right. You must be so proud

[love_a_good_jubbing] 14/9/2021 16:59

Then as I have said before and you all choose to ignore, there is a wealth of data about Kola resources. They didn't pluck the 104Moz figure out of thin air when announcing the joint venture.

[love_a_good_jubbing] 14/9/2021 16:57

Far from it. Too easy to pick holes in the flimsy arguments made here

[love_a_good_jubbing] 14/9/2021 16:57

The Russian Cadastre? Back in 2019 figures were given for NKT that showed copper and nickel. I know you will say blah blah about C1 etc so note the section on Vuruchaivench with 70m tons in C2 and 13.58m tons in A/B/C1. That will be in the Rosgeo JV for example.

[trickydickytwo] 14/9/2021 16:48

Where is the data? As usual, jubbers, it’s all hyperbole with you.

TDT

[themadstork] 14/9/2021 16:46

I'm sure you can point me to the RNS containing the 'new' 'data' then. Funnily enough I don't see it. I'm sure I must be mistaken and EUA have a fully proved up C1/2 high grade nickel/copper resource somewhere?

Oh, what's that? They don't and it's actually just some speculative garbage from Telegram that is worth precisely nothing? Well I'll be.

[love_a_good_jubbing] 14/9/2021 16:32

Why are you looking at such old data to try and make your point?? Monchetundra is much larger than the initial mining licence area.

[bigpecs] 14/9/2021 16:30

Blue finish

[themadstork] 14/9/2021 16:24

EUA has been a quite amazing example of a PI-driven, board-enabled ramping frenzy. There is absolutely no doubt it has provided the opportunity for some all-time great long momentum trades.

Anyone actually holding for the 'sale' and 'dividend', though, will lose 90%+ of their money. It can just never happen because EUA's valuation is a bubble with no fundamental backing and eventually -inevitable as the sunrise- that bubble will burst.

[tigerbythetail] 14/9/2021 16:23

0.1% copper is laughable. Never economic to try and extract.

[themadstork] 14/9/2021 16:19

The table in this RNS spells it out: 0.11% nickel. 0.1% copper. 0.6% is considered "low grade". Negligible is perhaps too generous.

[love_a_good_jubbing] 14/9/2021 16:17

So devastatingly and conclusively that the share price forgot to listen!!I know it isn't nice to be on the losing side of the argument but perhaps it will encourage you to try harder and come up with something that 99% of investors may want to listen to and take note of. Clearly your efforts thus far have overall lacked the impact you desired.

[love_a_good_jubbing] 14/9/2021 16:14

"The nickel and copper at MT are negligible. MT is a Pd-dominant resource and will be valued as such."Just wanted to make a point of highlighting this comment. Beautiful. Always good to see a well researched person on the other side of the fence !!

[tigerbythetail] 14/9/2021 16:12

Jubber!
The "bull" case for EUA has been repeatedly exploded on here - devastatingly and conclusively, in my view.
But you just glide past all that and repeat the same tired nonsense over and over. Honestly, I've wasted enough time on you.
Over and out.

[themadstork] 14/9/2021 16:08

"We could just as easily turn this game around and ask the bears which project had the same amount of PGM, the same nickel and copper quantities, the same state support, and at what price was it valued at before when commodity prices are exactly the same price as today.
"

The nickel and copper at MT are negligible. MT is a Pd-dominant resource and will be valued as such.

Given the recent bull market, you'd think the value of PGMs in ground would have rocketed, right? And there'd by tons of demand and transactions to pick from? Oh wait, there have been 0 undeveloped PGM projects sold in the last two years. Why is this?


It's because there are already huge reserves and resources with the majors and the long term state of the palladium market especially is highly uncertain. PGMs in ground, and Pd-dominant deposits in particular are just not in demand. Nobody is buying them, and certainly nobody is paying much above historical average, let alone the completely deranged fantasy figures that would be needed to justify EUA's valuation.

There will never be a sale and divdend. Anyone genuinely holding for such will eventually lose 90%+ of their money from here.