Eurasia Mining Share Discussion Threads

[purchaseatthetop] 20/9/2021 07:37

TMS....I must correct you. WK is not worth £0. It is worth minus a few million as they have leases and contractual obligations including returning the land to original state. That is after they have washed rocks at an operational loss.

Ciminna.....you really haven't got a clue have you?

[themadstork] 20/9/2021 07:37

Just call me Nostradamus, baby.

[demark] 20/9/2021 07:36

placing........


Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce that it has entered into a securities purchase agreement for a private placement (the "Private Placement") of 41,551,563 new ordinary shares of the Company (the "Placing Shares") and warrants (the "Warrants") to purchase up to 41,551,563 new ordinary shares of the Company (the "Warrant Shares") to institutional investors at a price of 26 pence per ordinary share and associated Warrant, being the closing mid-market price of the Company's ordinary shares on 17 September 2021, for gross proceeds of approximately £11m, or approximately US$15m (not including any gross proceeds from the exercise of the Warrants), before deducting placement agent's fees and offering expenses.

[ciminna] 20/9/2021 07:29

As you know any information like that would need to be disclosed to the market so saying that it is being kept a secret is absurd and gives you zero credibility.

[hazelst] 20/9/2021 07:03

Jaknifes panicking, time to buy some more.

[purchaseatthetop] 20/9/2021 07:01

Ahhhh Luke Warm....yes the DFS was done in early 21 but it was not published. So naff all use to any shareholder except to point that it is probably a very bad result. The point is that MT does not have a DFS and WK DFS is being kept secret.

[the modeller] 20/9/2021 06:37

Hopefully you will begin to recognise that the sea always gives up its dead, young Warm.

[halland75] 20/9/2021 06:17

140 % up in no time at all.
27% down last week, come on lets face it we knew we'd have a week like that after such great gains.

A new week is upon us now and a rich vein of news is due soon.
We are all winners here, we just have to wait until EUA shouts it to the rest of the world.

Have fun all.

[halland75] 20/9/2021 06:11

Up 140% within weeks.
27% down last week.
In my book that still represents one hell of a good showing, especially if you bought at 14.50 and sliced at the top.

This company owes me nothing now.
But I ain't going to lie, will be amazing to get more.

This share is a winner, true investors know it and all those who have been badly burnt shorting have felt it.

Hopefully those from the Losers thread return there quickly, never to return (as a certain person once promised).
:-D

[ahhh luke warm] 19/9/2021 23:56

PATT> Bit like with MT and WK without a DFS...nobody knows the economics. Patts drunk so much saline water this summer he has become a submarine - albeit with no periscope. Please remind everybody when the WK DFS was approved. Clue - Jan 21I'd ask if you're keeping up but ones vision appears to be somewhat bleary being underwater. Meanwhile...full steam ahead Captain DS, enemy subs got no periscope :-)

[love_a_good_jubbing] 19/9/2021 23:29

Stop making me laugh. You are suggesting the official Russian state register for reserves is based on a university thesis. Stop it please!How about basing the Vuru figures on the extensive work that NN did over many years. The drilling they filed with the Cadastre years before this university thesis was released. You aren't talking about the same areas that I was and are showing a lack of understanding of the geology.

[filament] 19/9/2021 22:28

Directors own 19.74% of shares

[1liam] 19/9/2021 22:21

Purchaseatthetop on holiday by himself. Even his wife and kids are fed up with his constant lying.

[love_a_good_jubbing] 19/9/2021 22:20

Just read the NN annual reports if you want. Or the state Cadastre. You know, the official place for reserves and resources

[purchaseatthetop] 19/9/2021 22:19

jaknife...why do you need drilling and DFS when you have twitter, TV interviews and other such reliable and proven data?

*tsk*

[love_a_good_jubbing] 19/9/2021 21:39

Maybe I enjoy throwing a spotlight on your claims. I'm not the one sat in an Italian villa Sunday midnight arguing on a BB, surely you are the one with better things to do !Showing a lack of understanding of a known though, at best it is your opinion they will never mine or sell. No proof to back this up makes it opinion. See how it works ?The licence will be a few tens of millions depending on resources. With JORC it will be worth every penny. Seeing as they will have JORC before they get the licence. No doubt you will splutter and moan about how amazing the board have been to hoodwink everyone into thinking north is south or whatever.

[purchaseatthetop] 19/9/2021 21:31

jubbers....if we are so boring why do you bother spend all your time here arguing with us? Surely with your millions in profits you do not need the grief and as we know what we post here does not impact the share price.

so why are you here? who knows. who cares?

Licence transfer. Bit like with MT and WK without a DFS...nobody knows the economics. The JV states that payments have to be made to the State during the development of the mine (i.e. before it goes into production) as if the resource had been auctioned by the State based on the JORC reserves. Who determines what that payment will be? The Russian State. So...run the logic on...if there is good resource there how huge a figure will the State demand?

So many known unknowns. So many unkown unkowns. The only known is that EUA will never either be able to mine an oz there or sell an oz of resource. It is $500k paid to delay everything for two more years and stop shareholders wondering just why MT is never actually mined as that was the whole point to begin with.

When you look at the BoD salaries and expenses....$500k is cheap to keep the wolf from the door.

[love_a_good_jubbing] 19/9/2021 21:11

Yawn... nice to see what you will be coming out with when the licence transfer happens then. NN rated them highly, spent a fair bit getting them to C1/C2 but decided to go with existing mines when pricing didn't look so good in 2016. Nothing to do with their quality. Plenty of other miners would like to have that in their locker no doubt.

[purchaseatthetop] 19/9/2021 20:59

Jubbers....ohh...the Rosgeo areas that start exactly 1km from the NN processing plant. Yes...bound to be hugely profitable when they were ignored for decades and an option paid for $500k by EUA.
NN...have no idea what they were doing. Of course. Nothing to do with Rosgeo being happy to take $500k for an option on depleted pits.

[love_a_good_jubbing] 19/9/2021 20:47

No Jaknife. I was on about the Rosgeo JV areas. If you can't follow the thread well enough it serves no purpose to take part. Hush hush whilst the grownups are talking.