Europa Metals Share Discussion Threads

[colinbird1] 16/11/2018 11:26

Wow the mean girls have come out especially with this panini character. He seems to know where everyones entrance price is. Came in very low eh and apparently calls various people on the board as amateurs.
He and other small minority of people who have invested seem to be happy with the management. So were a minority of investors who relied on Justin Tooth. Wasn`t he doing amazing. The Asset is still the same. It then went even more prosperous with LR coming in from being at this price at the start of the year. Progress indeed with the Jorc and the additional results. The share price has shown how the progress is/was understood. As Blacks stated the share price was at 0.16 (still undervalued, as they say) and has dropped like a lead balloon simply because as this super professional advised the scope delayed was due to a strategic decision.
Comparison to the peers and this should be 15 times the price are what podcasters are saying. The peers may have a similar asset however it doesn`t have a clown like LR.
Some people think that this is amazing progress, those who do should also post on LSE as they need to get their pat on their back, whilst joining the justin tooth ........I mean LR cult.
Like I said delusional.
If you think this is progress, I`d hate to see what the rest of your "portfolio" looks like.
Call me a Novice if you like. Doesn`t really matter the share price won`t change because of it.
Carry on slating myself with a factual viewpoint, if you wish.
Sticks and stones as they say, but the share price of EUZ will always hurt you.

Brilliant podcast
Thanks Blacks for sharing

[greatfull dead] 16/11/2018 11:16

Ed and The Manini

Thanks both for your astute posts.

uncle john,

I play the lottery now and then. My wife does so all the time. No probs with that for me. I do like the fact that some of the money it generates goes to IMHO good causes.

ATB,
GD

[lenses] 16/11/2018 10:39

Yep Manini. That works for me. this is AIM - 90% sentiment.

May I also add better success will also come from accepting personal responsibility for when it goes wrong - as it can and does - and learn and move on.

L.

PS: not making any specific point about this share.

[the manini] 16/11/2018 10:11

I see the delay of the scoping study as a strategic decision. Companies make strategic decisions all the time. When you invest in a company you're partly investing in the management of that company too and presumably because you've invested, you trust the management to make the correct strategic decisions in the companies' and therefore shareholders best interests. If you don't trust the management to do that then you shouldn't invest or you should sell if currently invested, it's really that simple. Another stock I hold is ARS, it has delayed it's BFS primarily because it wouldn't have been able to get a great financing deal in the present environment so they made the call to delay the BFS for up to six months to do more work to get more resources proved into higher categories. I have no problem with that, I was in at a very low entry price. I stick around in companies until they multibag I've done it time and time again and in all those companies I've witnessed others who've bought in at high prices sell up at a huge loss just as the company is about to turn the corner. Investing on AIM is about timing and patience. Timing your entry, patience to see value created and timing your exit. Sounds simple but as we all know it's far from easy!

[blackss] 16/11/2018 09:06

Ed old chap...
I am offering an opinion, not issuing orders !!
You are welcome to ignore me but you are not doing a very good job.
If you posted my posts in order they make a bit more sense for those who can really be bothered, what really strikes home is how right i was even back in Feb so thanks for posting.

The bottom line is since this became a zinc play the share price has collapsed, you have been diluted 70% and management are withholding the SS on the grounds that they are adding to it which is basically open ended. If the SS was any good then why didn't they release it, get the share price up and then update it regularly which is the normal way of doing things and the way LR was expecting to do it right up to a week before its intended release date. The only untruth i told was i will sell next week, actually i sold yesterday in several chunks but you wouldn't expect me to advertise that in advance would you :-)
Anyway unless i buy back at .06 i am out of here now so good luck.

[edgein] 16/11/2018 08:36

The manini, GD plus other actual holders,

Worth taking this into consideration:

"BlackSS - 27 Feb 2018 - 07:48:25 - 382 of 458 Ferrum Crescent Ltd - FCR
well now you know why i sold out at .12 FCR goes in cycles, it has done for many years but each time it's worth less and less. I may buy back at the options price but i think most here know the chances of this really doing anything are stacked against it.
Still no real plan on the table either for funding or the future direction and still no interest from the 2 main men in taking a position.

BlackSS - 20 Feb 2018 - 11:08:44 - 362 of 458 Ferrum Crescent Ltd - FCR
As they say on Dragons den, this is not actually a business yet, therefore its not investable at this time..........which is why i am out :-)

BlackSS - 08 Feb 2018 - 11:21:48 - 347 of 458 Ferrum Crescent Ltd - FCR
Agree as always Andrea which is why i am sitting on sidelines now. I had already been diluted so far here it had really made my investment worthless. yes this is a better situation this time but it still has echos of moonlight. I know moonlight was a bad situation in the end and worthless but it wasnt at the time i invested, China couldn't get enough ore and there was talk of a chinese company taking over the whole thing.
There is a world of difference between a "world class asset" in the ground and a world class asset in the trucks not to mention the £75-100m it would taker to lift it. Its good but its a pipe dream at the moment."

So its certainly worth considering the fact that this fellow made a huge whopper here, got diluted to oblivion and eventually sold out at a loss. He's just like Spec only taken the loss. Reminds me of charttrader on the SLE thread. I ignored him too and came out with a +50% over there. Better to come here though, but the ones that bought and sold at the wrong time won't like those that take the multibags. He must have held through the massive downturn in iron and over production of steel when most mining investors avoided iron ore companies like the plague. The management's move to lead and zinc as the main focus is a good one.

Regards,
Ed.

[blackss] 16/11/2018 02:43

Podcast from Manini :)

[the manini] 16/11/2018 01:28

My watchlist isn't amazing and it's not a watchlist as I said it's a portfolio list and it was all red bar one which was BZT which you mentioned.

[blackss] 15/11/2018 20:47

Its no good being optimistic or hoping on the AIM !! You need hard facts or you will lose your money. We really dont have any hard facts. We have a lot of wishful thinking from a few die hards on social media and we have a very old jorc that should have been updated. without hard facts its a very brave man that trusts in an AIM micro cap miner with billions in issue and a fractional penny share price and that is why the share price is collapsing and why i will be selling down next week..
We all have an acceptable risk level and i have reached mine, this last 6 weeks the management has either been incredibly naive or incredibly complacent with its investors, i dont know which. I hope it works out for the brave that stick it out.
:-)

[colinbird1] 15/11/2018 20:30

I used to be optimistic.
Didn't work for me on EUZ
LR made sure of that with the share price now being worse than what it was a year ago.

[2prsimo] 15/11/2018 20:17

Patience colin... not long now...then the npv will be there for all to see

[colinbird1] 15/11/2018 19:43

Hilarious "do you listen to podcasts"
Think that's why we're in this sh*t. Listening to the nonsense LR put on podcasts.

[blackss] 15/11/2018 19:07

Well it was Justin Waite who does the podcasts that commented that it was not a good time to release the SS now because of the markets not me. I was also referring to the LSE board where the same excuse is being used.

[2prsimo] 15/11/2018 18:46

Don't you listen to podcasts? The reason for the delay is to get as much information into the scoping study as possible; so that management can then take it to industry and look for either a sale or jv. The small delay has nothing to do with unfavourable market conditions or Brexit.

[blackss] 15/11/2018 18:28

I honestly do not believe you delay releasing price sensitive information to investors based on the local political/financial situation. This is supposed to be a world Zinc play on 3 exchanges across the world. If you wait for favourable investing climate you could be waiting for years. In the immediate future you could have a leadership contest, a general election, a no deal ? its not going to sort itself for months, it could well get worse. Its nonsense to say this !! its the ramblings of a few rampers who are looking to excuse the none appearance of the SS.
The management have to do something to reassure the investors and try and regain investor confidence or we will end up with a SS released and its full potential to the share price missed

[colinbird1] 15/11/2018 17:49

What about the fall from 0.16 since September?
When the markets started to get shaky the price was circa 0.11.
You're watchlist must be amazing when others such as PRD, OMI and even LRs favourite BZT is back to what the share price was a fortnight ago.

[the manini] 15/11/2018 14:23

I'm looking at my portfolio and it's all red bar one company which is no change! Regardless of the delay to the scoping study this would still have fallen with the rest of the market imo.

[blackss] 15/11/2018 12:36

Re: LSE, Its why they are called sheep CB, they huddle together in a group and pat each other on the back to reassure. There is safety in numbers as any dissenter for what ever reason can be ridiculed and rubbished on mass and silenced, its the laws or the jungle forums these days.
GD, I am simply pointing out the glaringly obvious here and assuming this is why this is being completely ignored by the wider investment community. Past mistakes are fine if you learn from them. the asset seems sound however i am not happy with the way this is being handled.

[greatfull dead] 15/11/2018 11:08

Black,

I have full faith in the management of EUZ. This is not poker. I stopped playing and type of card game for money in my early twenties.

ATB,
GD ;-)

[uncle john] 15/11/2018 10:44

I don't understand the reason to try and link investments to develop an asset (this mine) with a game of chance (poker).

Small wonder that the regulators want to stop people investing in companies like this!

Grateful D, I suppose you play the lottery, voluntary taxation!!

[blackss] 15/11/2018 10:28

"Do you play poker?"

Yup....been sitting in this game here for 8 years, next thing people will be saying be patient :-)

[blackss] 15/11/2018 10:23

GD, an agenda ?
If you disagree with any of the points i have made feel free to point them out and tell us why ? thats what a discussion board is for.

FCR failed miserably because it mislead, missed dates, released info via private calls and stooges in chat rooms. As a result its been an up hill struggle to get EUZ a new identity and shake off the previous failings. investors in the AIM show a remarkable lack of interest in this despite all the good news thats apparently coming because of the legacy that is FCR. whats really annoying is none of this is necessary. the missed dates, lack of news and leaked info is all completely avoidable and does absolutely nothing to shake off the past.

[greatfull dead] 15/11/2018 09:55

Black,

Have you no faith in your investment or do you have an agenda? I added yesterday. A bit hasty I know but still happy to hold. Do you play poker?

ATB,
GD