Eurasia Mining Share Discussion Threads

[excellance] 04/9/2019 14:09

They are maybe already moving in.

People are mostly like sheep, once a couple of big sheep move the herd follows.

Ridiculous spread, no sellers, no stock, any buying and we are off to the races...

[charles clore] 04/9/2019 14:02

I think the company is sitting on a fortune with WK and MT but would still like to see some numbers - apparently many onlookers share that thought. When we get those numbers the new buyers will move in. I would not expect any significant increase in the share price until that happens.

[book5] 04/9/2019 13:52

Driver
Re WK
I am looking forward new broker valuation based on
results of recent WK exploration works, flanks added, and and hopefully new license granted

as russianguru said WK to grow into something special


Russianguru, The broker clients are looking happier these days ;)

[driver101] 04/9/2019 13:45

Ex
I agree we should be over the 1p on WK alone.

[excellance] 04/9/2019 13:25

Not really unprecedented, merely a question of restoring market balance.

[book5] 04/9/2019 13:24

Pt Pd is an strategic mineral in Russia, it does not depend on the size of the reserves

We are probably facing the due scrutiny from authorities due this fact in WK and MT

I am more interested in the price of Pt than on this year production


WK interest , local interest is looking to go vertícal, so local businessmen may chase the shares in London at any time

[book5] 04/9/2019 13:18

Exc

By the unprecedented rate of the rise, your price is likely too

[charles clore] 04/9/2019 13:18

Good afternoon all. I think this Christmas will be a good one.

[excellance] 04/9/2019 13:13

Book,

$1000 very soon, $1200 in only weeks.

Rhodium is near $5000 too.

[book5] 04/9/2019 13:09

Cc

Re WK

You are right , in alluvial mining grades vary widely

WK fate is dictatef by Pt price

Dieselgate is gone, diesel cars sales on the way up in Europe. So Pt will reach $1000 soon, it is written in the wall

[edgein] 04/9/2019 13:01

Ex,

Yes those assay results from late last year from kluchiki with the significantly higher grades and the explanation of the nugget effect made for interesting reading. The hopes for this year and the rising Pt price have certainly helped the short term share price as most are now anticipating more quarterly updates on the EPC and the confirmation of reserves and second plant as well as production numbers. All very enticing stuff for us long termers.

Regards,
Ed.

[excellance] 04/9/2019 12:46

Yes, but your wages are determined by your hourly rate, ie grade of pay. Higher grade is higher end number.

[abrahe00] 04/9/2019 12:44

Really?

So, if your wife asked you how much money you have in the bank, isn't the answer a simple number? Or, would you tell her how much you had at the start of the month and then start to run through all the various transactions?

How much produced is a simple number. Period!

[excellance] 04/9/2019 12:37

Of course it does

[abrahe00] 04/9/2019 12:33

Charles Clore4 Sep '19 - 11:23 - 24606 of 24613
0 0 0
They may be experiencing swings in grade due to the nature of mineralisation and alluvial mining, which could be delaying the publication of production.

What does one have to do with the other?

Sure, lower grades will impact the volume of Pt produced, but surely REPORTING how many kilos have ACTUALLY been produced has nothing to do with the grade of the ore!

[excellance] 04/9/2019 12:22

I think guru is kind of right re trial mining. The team have been kind of feeling their way, learning, and developing, on the hoof so to speak.

Upgrade and approvals will allow us to move up several gears to full production.

[ekuuleus] 04/9/2019 12:01

Charles said it before.
There are 4 brokers. 3 have a .05 spread. One has typically 0.2

The spread on level 1 is the best bid and best offer. If one mm is hit for a trade and moves there bid offer window it may or may not affect best bid. When best bid offer spread Luiz 0.05 then all the mm are aligned. When spread is smaller it means they are not aligned. The mm are not changing the spread. It is the overall effect.

[pennstreet] 04/9/2019 11:45

She's going to blow!

[charles clore] 04/9/2019 11:35

Mostyn - agreed, so an interested buyer perhaps?

[charles clore] 04/9/2019 11:33

Cool - or have they got wind of an imminent RNS and have widened the spread to deter traders until the effects are known?

[mostyn] 04/9/2019 11:32

CC,

On that basis if 3 months isn't sufficient time to get a reasonable picture, then we wouldn't get numbers until the end of the season. Unacceptable!

[cool hand kev] 04/9/2019 11:30

Big spread 45 -54 and last tick up on no trades are MM's trying to fill an order?

[charles clore] 04/9/2019 11:23

They may be experiencing swings in grade due to the nature of mineralisation and alluvial mining, which could be delaying the publication of production.

[cool hand kev] 04/9/2019 11:21

Yes i was and I think that we all want to see some numbers
Meanwhile the share price rising in anticipation :-)