Eurasia Mining Share Discussion Threads

[cool hand kev] 13/6/2019 20:26

Russianguru; are you shorting EUA and attempting others to sell?
EUA is a long term investment IMO maybe 3 years

[book5] 13/6/2019 19:11

Pen
We don’t know dates when more washer plants will come to site, but we know latest move is very aggressive bcs they don’t need to cover whole the whole site for next year production , still they are doing it. And for that a double shift is now in place at the site laboratory.

They look very confident with WK

[pennstreet] 13/6/2019 19:03

We know the dates, check out the project plan. As for when the authorities respond is out of EUA's hands and you know that!Patience is what is required - I should remind myself on that one,lol

[book5] 13/6/2019 18:27

Russianguru
What about WK C1 reserve upgrade end of year ?? With fully funded cheap procedure?

No sure whether they will include the flanks
What will the reserves be? I believe Around double current C1+C2 ones, and much more if are flanks included

[russiaguru] 13/6/2019 17:56

Eua is not a good investment at the moment hence the weakness.

Risks large spreads usually, low volumes, poor comms, in Russia and a history of none delivery and also no profit, oh and dilution.

If they had given some dates for anything I would be adding at this level and below but as yet no target dates have been released apart from end of 2021 (sinosteel contractual agreement)

[book5] 13/6/2019 17:45

market for juniors is not good
This may be moving by algorithms
And nothing to do with need to raise cash or fundamentals

[book5] 13/6/2019 16:57

Are the raising new cash?
Looks strange such weakness

Pitty pt is not following Pd

[charles clore] 13/6/2019 16:03

750k

0.48 to sell (A firm electronic quote is not currently available for your order)
0.4835 to buy

[the deacon] 13/6/2019 15:29

Yeah those are definitely buys

[cool hand kev] 13/6/2019 15:24

Oh so they are not all sells and the 0.485 are Buys?
Oh I love a tight spread :-)

[the deacon] 13/6/2019 14:40

I'm getting 0.483 to buy

[cool hand kev] 13/6/2019 14:10

What the BUY high SELL low Gang?
90% of (impatient) PI's lose 100% of their investments

[red rook] 13/6/2019 13:49

PennStreet,
around 920K shares traded ... even if all are sells @ 0.49p ... that's a sum total of around £4,500 . Not much really !

[book5] 13/6/2019 13:49

Someone forced to sell surely

[charles clore] 13/6/2019 13:47

Penn - I think some consider it clever to sell at a loss when the perceived lack of progress justifies it. In other words when the price stagnates. They will then buy back when it rises again as it historically always does. The market makers love it!

[pennstreet] 13/6/2019 13:41

The selling continues? Must be selling at a loss surely??

[snowman100] 13/6/2019 13:16

Palladium $1437.....up 22 points....similar movement yesterday.......rising very nicely.

[charles clore] 13/6/2019 13:09

book - but only if it benefits the profits of the elite. Tesla found a way to provide limitless free energy but we are denied that because it doesn't quite fit in with the milking of the masses.

[book5] 13/6/2019 13:03

Eku
Big brains will be thinking how to improve all of this
There is Margin for improvement

[ekuuleus] 13/6/2019 12:04

producing electricity is very inefficient. The petrol engine is about 22% efficient. That compares very well against electrical production and distribution.

[book5] 13/6/2019 11:38

What apparently shifts the balance in favour of fuel cell vehicles is that building a Battery produces a large CO2 footprint.

[ekuuleus] 13/6/2019 11:29

inclined to agree book. It's pretty obvious that burning fuel (typically 33% efficient conversion to electricity), distribution (national grid about 95% efficient), conversion to DC (about 90 to 97%), charging batteries (80 to 95%), discharge is not going to be very efficient.

I do my nut on the uninterruptible power supplies (UPS) for the computers. 12V battery converts to 240V (85%) to a computer that converts to DC (between 60% and 95% depending on load).

Same with photovoltic (solar cells). Convert to 240V to feed batter backup system. Stupid.

Same with washing machines only take cold water now.

[excellance] 13/6/2019 11:22

Gold now at a six year high in GBP, palladium strong again today.