Eurogold Share Discussion Threads

[cezary] 14/2/2006 20:07

I see Oxus are buying at half price!!

[sagem] 27/1/2006 06:44

THIS MUST BE EUROGOLD THAT IS TALKED ABOUT THAT WHY ONE OF EUROGOLDS DIRECTORS RECENTLY BOUGHT SHARES.

The deal with REMIN gives the company exclusive access to 60 years of mining/exploration data from this district and several small epithermal gold mineralised areas have already been identified which could be brought into production at minimal capital cost. By minimal Dino Titaro means minimal and has no plans to build a mill and recovery plant. What he wants is an existing plant to which he could truck fairly low grade ore to take advantage of the current price of gold. He has one in mind, and talks are in progress It would not require a brain surgeon to surmise which AIM listed company is operating up there and is looking around for deals since being jilted at the altar by another AIM listed gold producer. Dino Titaro makes the point that neither company will make a fortune out of such an operation, but it should generate positive cash flow.

[blueyonder] 06/1/2006 14:08

Thought I might buy some but spread, 3.75 to sell and 4.75 to buy put me off.

[sagem] 06/1/2006 07:27

HE HAS BOUGHT MORE

[clemo69] 05/1/2006 16:52

He probably thinks like me that the share price was knocked to far by the oxus rejection and now this company is significantly undervalued.

[sagem] 05/1/2006 06:30

GUNZBURG must know something we dont or is expecting better things to happen.....anybody know what it might be,

[cezary] 22/12/2005 08:47

Its always good to see directors buying in.

[clemo69] 22/12/2005 06:37

I see peter gunzburg has topped up today. These are very undervalued may top up myself.

[cezary] 12/12/2005 09:29

With most Gold stocks rising with Gold price of $535 an ounce; EUg does nothing.

[chipperfrd] 08/12/2005 22:24

Read the third paragraph !!!!

[caiman27] 08/12/2005 09:30

Indeed. Amazing. OXS management all out there in Kyrghistan - fighting fires. I don't think Peter Gunzburg is very likely to want to deal with them again. Bad faith and all that.

[chipperfrd] 07/12/2005 16:48

caiman27,



If its true we should see an rns tomorrow.

[caiman27] 07/12/2005 15:57

Eh? where did that come from?? Source?

[cezary] 07/12/2005 15:47

You never know...Oxus might still go ahead with EUG, now that its Jerooy license has been revoked by the Kyrygz government.....

07-12-2005 19:40 Kyrgyz government refused to restore Oxus's license for Jerooy goldmine. Company wants to appeal in international arbitration

[chipperfrd] 30/11/2005 10:52

30 November 2005 ASX & AIM Symbol "EUG"

PLACEMENT

Eurogold Limited is pleased to announce that it has raised A$3,200,000 through
the issue of 32,000,000 shares at A$0.10.

The funds will primarily be used to develop the Company's assets in Romania and
the Ukraine.

[pecker1] 28/11/2005 19:29

Phillis,

sorry to disappoint but I don't know the answer to your first question. As to you second, I already have said that Trew/Oxs made no statement at the AGM.

What I passed on was an impression that I think was shared by some other PI's present.(Frankly, the chat focused on many other subjects to do with the gold bull, $500 gold, M&A activity - Bolivar - etc.)

FWIW, I hold a few of these and have heard nothing at the AGM or elsewhere to suggest they are a dud. On the contrary, the recent EUG statement is encouraging and OXS still holds its original "strategic stake" - sooner or later the market will wake up to the value of gold juniors already in production, albeit on a small scale, and with real as opposed to imagined development projects.

[cezary] 28/11/2005 09:09

My apologies

[cezary] 22/11/2005 09:23

22 November 2005 ASX & AIM Symbol "EUG"

Highlights

* Further drilling success in Ukraine
* Independent valuation by RSG Global gives a "preferred value" of US$26.1
million
* Future fundraising requirements

Saulyak Drill Results

Eurogold is pleased to announce the results of the latest drill hole from its
99.72% owned Saulyak Project in the Ukraine. Hole C409 was drilled from surface
to a depth of 550 metres as a 'step-out hole' to test the continuity of
mineralisation down-dip from the previously announced Soviet C1 and C2 Category
of 578,000 ounces of gold. The hole intercepted an interval of 3.8 metres at 5.8
g/t gold at a down-hole depth of 465 metres and is approximately 70 metres below
the planned Adit 3 elevation.

Eurogold's Chairman, Mr Peter Gunzburg, commented that the results of C409 are
extremely encouraging for the following reasons:

* the position of the main mineralised interval in C409 suggests that the
mineralisation extends down dip and is still open at depth.

* it indicates that historical drill holes provide a guide to the position
of mineralisation, but that the results of these holes may have been skewed
by poor core recoveries across mineralised intervals. Improved core recovery
in the diamond drill holes drilled by Eurogold appear to give a more
accurate evaluation of mineralisation at Saulyak.

Detailed underground mapping and sampling indicates that the main ore zone at
Saulyak is between 3.6 - 6.4 metres thick and that the average gold grade of the
presently defined ore blocks is between approximately 5-10 g/t Au.

Eurogold's technical team notes, "as our understanding of the Saulyak deposit
increases and we better define the controls on mineralisation, we feel
increasingly confident that Saulyak has the potential to host a significant gold
ore body".

RSG Global Valuation of Eurogold's Assets

Prior to the discontinuation of the proposed sale of Eurogold's assets to Oxus
Gold Plc ("Oxus") as announced on 26 October 2005, RSG Global had been
commissioned by Stanton Partners Corporate Pty Ltd to prepare an independent
technical valuation of Eurogold's mineral assets to enable shareholders to
approve the sale of those assets to Oxus. The RSG valuation concluded the value
of Eurogold's equity interest in its Romanian and Ukrainian mineral assets is
considered to lie in a range from US$15.5 million to US$39.4 million, within
which range RSG Global has selected a preferred technical value of US$26.1
million. This report can be viewed in detail on Eurogold's website at
www.eurogold.com.au

Future Fundraising Requirements

The latest drill results from Saulyak, together with the RSG Valuation,
reinforce the Directors' confidence in the value of the Company's assets and the
Board is considering various fundraising alternatives to realise that value for
Shareholders.

* * * *
All of the mining activity for the Eurogold Group is located outside Australia
and as such all of the mineral resources or ore reserves in this report are
based on information compiled by Mr Simon Pepper who is a recognised mining
professional on the basis that he holds a MSc Mining Geology from Camborne
School of Mines, has at least five years experience in the estimation,
assessment and evaluation of the type of mineral resources or ore reserves in
this report and is a member of the Institute of Materials, Minerals and Mining
in the United Kingdom.

[phillis] 18/11/2005 17:09

18 days have passed but no further news on the promised asset update....

[cezary] 17/11/2005 16:47

surprised with gold up today, and eur being unhedged that the share price didnt climb today.