Eurasia Mining Share Discussion Threads

[snowman100] 21/7/2019 11:07

.....and they have 30,000 cubic metre buffer......nice!

[excellance] 20/7/2019 22:36

DS said Kluchiki grades were 3 to 4 times higher than expected, ie compared to original drilling results, so nuggets must be there. Also Kluchiki had fairly high grades as it was, so I'm expecting about 7g per tonne.

Also, no need for more wash plants when we are mining only one zone, just increase capacity of the single wash plant and work longer hours.

We don't know what capacity was utilised last year, but was it really 100%? I doubt it, probably just 30 or 40% awaiting material and only operating on day shift. With lights they could operate 24/7

[snowman100] 20/7/2019 22:35

Re the last post... 'A second shift will be added to the on-site laboratory to process samples generated.'........they certainly seem to be confident that the upgrading to C1 will increasing the asset value of WK.....is it merely to get more wash plants authorised or is a sale on the cards?

[snowman100] 20/7/2019 22:25

and this is my favourite sentence from the 10th June RNS....

Talking about upgrading all areas on WK licence to C1 reserves......'The Company expects this drilling program to be completed during 2019 in parallel with mining, and are excited about the opportunity this presents to increase capacity at site'.

Combined with (hopefully large) increase in grades and recovery, will put WK into another league.

[snowman100] 20/7/2019 22:13

Especially like this particular sentence from 3rd June RNS...

..........'We will publish the improved grades and recovery numbers later this year, after these improvements are confirmed over longer term production period.''

Wording indicates to me that their initial results were really high.........can't wait to see the actual figures !

[excellance] 20/7/2019 14:34

So on balance it's positive but still high risk, the share price is still silly low but for a reason, I am still holding, still sure every obstacle will be overcome, not sure if we'll stick to our calender, but expected a bit of slippage.

I still believe in Eurasia, I hear the frustration of others, I see the potential risks, but I am unwilling to let this opportunity go, so I'm sticking to my guns, watching and waiting as always...until the end, whatever that may be...death or glory.

This time next year Rodney.

[excellance] 20/7/2019 14:21

With Eurasia I remain cautiously optimistic.

Positive about the assets, particularly MT, convinced they intend to develop it this year...but we need the support of other parties we don't control

At WK I am disappointed by the price of pt and hence slower progress than anticipated, but long run I see pt higher and WK a long term future.

Very disappointed the STP didn't go ahead, gold and silver are now on steroids, but hindsight is a wonderful thing.

Our cash position remains fragile, we may be fighting against the clock funding progress at MT, but maybe the recent placing has done enough?

Blocking MT could take just a single spanner, and that could be accessibility to a nearby smelter, or Eurasia not coming up with our 15% equity contribution. Hopefully both of these issues are covered, but it is a risk.

It's going to be a long summer...buyers hovering at 46, no problem if you want to sell but try buying back later and you may struggle.

In the outside world a lot can happen in three months...Iran, brexit, trump

[pennstreet] 20/7/2019 11:38

Balanced arguments are welcome, whether positive or negative. Blatant negativity, in the pursuit of driving the share price down is not.We all know Russ wants to fill his boots, he's not having any of mine!!

[russiaguru] 19/7/2019 22:43

Driver - I think I may be slighter younger than you, short trousers are now also known as 'shorts', I think the term became popular a few centuries ago.

Mind you, the wife does my clothes shopping and always gets the length and waist mixed up so they are short and held up with string

[driver101] 19/7/2019 16:13

Block
He wouldn’t do it because we would see who he really was, a fifteen year old in short trousers.

[book5] 19/7/2019 16:09

Cc
Do not worry, Russianguru will fill his boots
To be negative suits him

GLA

[block4gooner] 19/7/2019 15:45

Skype or YouTube will do it. Let us all know if it happens. Would watch that.

[charles clore] 19/7/2019 15:18

ooh nasty!

[russiaguru] 19/7/2019 14:16

we should setup a video debate regarding EUA, myself and TTD vs maybe snowman and ex with book on the fence.

cc couldnt participate due having rose-tinted specs glued to his head

[amont92051] 19/7/2019 13:57

So many experts :-)

[book5] 19/7/2019 13:37

Preferably With a good/cheap heating system.
Need to protect washer plant too

[russiaguru] 19/7/2019 13:25

i am going to send EUA a proposal for a 40000ltr portable insulated water tank with associated pump and filter system.

Would enable them to work at 50% for a further 3 months by recycling the water

[book5] 19/7/2019 12:27

You are helping though. Lol
As soon as you buy in, your ramping will start
Are you planning this summer to go to WK to assemble a washer plant? Last year You we’re planning to go,,,
:)

[russiaguru] 19/7/2019 10:51

cool - eua does a good job on its own

[cool hand kev] 19/7/2019 10:46

IMO that MM employ a couple of Stooges one to ramp the stock and another to slag it
off to stimulate trades :-(