Eurasia Mining Share Discussion Threads

[charles clore] 17/4/2019 22:50

Unfortunately the protracted period of borrowing by the company over several years using greedy benefactors has led to a large number of options and warrants near to the current price that need to be worked through the system before a decent price increase can be achieved. In the short term I think this will inevitably require a bit more patience from shareholders unless we get some blockbusting news or a deal that will blow away the cobwebs. Yes ex, I agree it is worth more than 0.6p. Optiva puts the price at a minimum of around 3p after the MT permit last year considerably derisked it. I look forward to reaching a penny and holding above that, this year with a bit of luck, probably when the company announces progress on the Sinosteel deal.
Nice to see the PGMs rallying tonight.

[excellance] 17/4/2019 22:32

The odd thing is that the mkt cap of a company is derived from the propensity of investors to buy sharez on the open market, and little to do with logic and calculation, unless you take the view that the market maker or large holders somehow regulate or control the price with buying, selling and shorting. The variables are endless. We each pay our money and take our chance.

If you go with the logic and calculation narrative, I'd love to know what data can be used here that bears any resemblance to the actual current market price.

By any measure, if you believe the Eurasia story this is vastly under valued...but we have to move from the current known loss making company to a proven profit making outfit with growth potential and a proven track record of management that deliver.

0.60p are you kidding me?

[cyberbub] 17/4/2019 21:59

Nice rise today but we need it to be accompanied by some decent volume to see a proper breakout... Maybe with news?

[excellance] 17/4/2019 19:16

Maybe the mm was battoning down the hatches for the coming news?

Imagine if we get news good enough to make the financial pages over easter weekend!

[pennstreet] 17/4/2019 19:11

It's brewing!

[excellance] 17/4/2019 18:12

On our chart the share price went up at about 15,30 but there were no trades at that time or near that time, and not at 62 so we have a hidden buyer working a trade. The spread is approximately 58/65 which is ridiculous.

We'll maybe get clues tomorrow.

[book5] 17/4/2019 18:04

Block
That depends
May be those shares belonged to Russianguru
What will he sell tomorrow??
He buys the panics, sell when there is optimism
We shall see
We need good news to make it sustainable above 1p

[driver101] 17/4/2019 17:56

Roll up Roll up this is now closed to new entrants.
End of year share price target for an additional coconut at the end of trading 31 Dec 2019
The list will be posted Now and again.

driver.........................4.5p
russiaguru.....IBS......1.5p
cyberbub..................2.5p
LivewirePlus.............3.0675p
mostyn......................1.1p
PennStreet................6p
excellance.................3.3p
livup967.....................10p
book...........................5p
user2007....................1.21p
billionairepaddy..........2.8p
milste1........................2.95p
Willmac4671...............2.4p
fillupmaz......................3.8p
thechinaman1.............0p (sold)
snowman100.............18.5p
Dr DarkStar.................7.5p
Charles Clore..............2.75p
cool hand kev...............3.5p
davidspringbank...........1.7p
DRH3..........................2.1p
Ekuuleus.....................0.8p
Alexei Boucher............2.8p
Whiteflowers..............2.3p
Cudgietoo...................3.35
STOPH.........................4p
lew stules....................1.925
abrahe00....................0.9p
BMNSA.......................2.75p
Block4Gooner..............4p
Cezary..........................50p
mold..breaker........... .85p
The Deacon................1.35p
dubjon.........................5.4p

[dr darkstar] 17/4/2019 17:41

No need to revise my end of year forecast of 7.5p then ….

[block4gooner] 17/4/2019 17:32

If that last one was a sale expect share price to drop 1st thing tomorrow morning

[block4gooner] 17/4/2019 17:27

The last trade according to Hargreaves Lansdowne was for 500,000 at .6p there is no info on the last on for 1,800,000. Could that be a buy?

[excellance] 17/4/2019 16:59

Only 1 trade over 60 reported so far.
Stake building going on.

[excellance] 17/4/2019 16:54

Lol
😁
Clearly there are times when the opportunity presents itself to take profit and derisk. I can't figure out why anyone thinks that right now here at Eurasia it's a good idea to sell, surely it's a good Idea to buy?

The sky really is the limit here.

[block4gooner] 17/4/2019 16:48

Think of All those sellers taking under .5 last week.As homer Simpson would say DOH!

[block4gooner] 17/4/2019 16:45

Think on driver101 list I forecast 4p but someone had 50p so I hope they're right.Been suggested on here before that if if goes very well we could be in for an annual dividend between .5 and 1p which I would also love :)

[bmnsa] 17/4/2019 16:37

Good for you,hope you are right:)

[block4gooner] 17/4/2019 16:33

I'm waiting long term for 600%Couldn't sell for 50% as I have so much faith in this as a long term.

[charles clore] 17/4/2019 16:30

BM - shouldn't be long now

[bmnsa] 17/4/2019 16:26

20% up. Waiting for at least 50%:)

[excellance] 17/4/2019 16:19

Depends on what the plan means for potential revenue, but 80/85 looks nailed on in the short term just on WK.

Those sellers taking 15% will kick themselves.

[cool hand kev] 17/4/2019 15:52

Hopefully we can soon consolidate above 0.6
SP raised on no trades ? Bodes well IMO

[excellance] 17/4/2019 15:51

News tomorrow, before the easter break?

[book5] 17/4/2019 15:07

BF
Yes, next week weather report very supportive
But before that the strategy should be published

[snowman100] 17/4/2019 15:03

Yep....they are all on site today (AB) presumably organising processing start up.....certainly news soon!