Europa Metals Share Discussion Threads

[spec7] 24/8/2018 16:31

I agree with all you say,further discoveries would be game changing and thats why the emphasis has been put on further extension drilling etc ASAP .. i suppose what i am saying in a nutshell is....I will be happier when the share price rises on good news and not the speculation of good news :-) so once we get some results.
Hagw

[edgein] 24/8/2018 16:12

Spec,

This reminds me of THR @ £4m cap, PREM at £4m cap and recently KOD @ £6m cap. All were oversold by the market on their assets. What gives this one value at present is already there. Its 40,000m of drilling and cores for 16Mt at almost 7% zinc equivalent. That is what gives this value at present and that value is significantly higher than £4m. What makes the dam break though is if the extension drilling or infill/twinning of old holes upgrades the categories further into the measured and indicated. Also if the scoping study shows this to be commercial by the independents. There is tremendous value here already, it just needs to be emphasized by the upcoming drilling and ss that's the speculation you're talking about. If there wasn't value here already I wouldn't have bought these. Much of the market today is driven by momentum and speculation look at BPC and UKOG for example, both inflated, one has quickly deflated. This one looks grossly oversold given the current market cap vs assets and near term news.

Regards,
Ed.

[spec7] 24/8/2018 15:58

TBH we don't know any more now than when this was .06 but we are getting near to some info, that said we expected some info a couple of weeks ago.
My opinion is this rises and falls on speculation driven by traders and company podcasts. Personally i hate this "leaking" of info via pod and FB etc. My feeling is if you have something to say then put it out there and be accountable for it via RNS. Otherwise you are just following along behind Justin Tooth who also liked to plant a small rumour then watch it get blown out of all proportion by endless keyboard rampers. I think most of us are looking for a result here not a few tenths of a penny on speculation. As i say i will be happier when the rise has some sort of foundation that gives the company a value and stops this slipping back to where it started again. We are getting there one way or another the scoping study will define the future possibilities. Then we just need to decide if we are going to sell, JV or try and raise more cash ? either way i suspect they will need buckets full going forward.
I am not sure the scoping will have a huge effect on the SP, it may just pose a whole load more questions but as long as you are in this for the long run that will not bother most of us..

[edgein] 24/8/2018 15:21

Spec,

You think these are rising on speculation of the scoping study and not the fact they're about to drill possible extensions to the large zinc/lead discovery on an absolute comparative minuscule market cap.

Regards,
Ed.

[spec7] 24/8/2018 14:00

Could be exciting times ahead Edgein but i will be happier when the rise is based on facts rather than speculation.

[edgein] 24/8/2018 09:24

Man I'm glad I got my boots filled before now, they're making someone pay over for just circa £3k.

Regards,
Ed.

[hedgebetter] 23/8/2018 20:06

Management will keep on delivering IMO. True market value is a significant multiple of the current market capitalisation IMO. Management have to prove up the asset, we have to hold on to our winning tickets.

[greatfull dead] 23/8/2018 14:59

At last, I am in profit, albeit a small one. During my time in EUZ I have got a lot more comfortable with my smallish investment here.

ATB,
GD

[greatfull dead] 22/8/2018 11:32

I too prefer "during". "By" is like an end statement or perhaps as Ed said "as a speculator I'm wary of "by", not good if you know your mining or a mining company company rep.

I am not a mining expert, I add!!!!

ATB,
GD

[edgein] 22/8/2018 11:03

Andrea:

16/7/18

"Cost efficencies and having access to the right tools deployed by the right team is what Europa Metals is all about. I look forward to our team commencing safe and efficient drilling operations in August as we also seek to progress our work re-logging the historic core, undertaking metallurgical testing and releasing the findings of an initial independent Scoping Study by Q4 2018."

19/6/18

"The principal objective of the Study will be to determine first economics on the Toral Project, reported on by a fully accredited and independent mining consultancy group. The findings of the Study will be disclosed to the market following completion, which is currently anticipated during Q4 2018."

The recent quote says "by" the other says "during", take your pick. As this is a miner I'd take the more conservative "during", as a speculator I'm wary of "by" though too.

Regards,
Ed.

[andrea152] 22/8/2018 10:57

Maybe they haven't finished the Scoping Study yet and it's still due "In the 4th Quarter" - as per the previous RNS issued by the company ?

The 4th Quarter Starts on 1st October, if I'm not badly mistaken ?

IMHO. DYOR. GLA.

[billyboychrisd] 21/8/2018 08:39

It could be taken either way, but coupled with his unusual enthusiasm I don't think there's anything to be concerned about unless we end up waiting a few more weeks. I've seen enough delays to give up guessing the reason. Let's wait and see

[spec7] 21/8/2018 07:58

Why do you take it as a positive ? I have lost count of the times i have said on these forums its better not to mention a times period for upcoming news than to miss that time period completely. It just creates uncertainty

[amaretto] 20/8/2018 15:59

We're a week overdue for news according to Lawrence's offhand comment on the Vox podcast on the 27th July; "we'll be giving updates in the next couple of weeks". I take that delay as a positive and assume it's to allow them to nail down their [positive] data in a super accurate way. Expecting something this week.

[billyboychrisd] 20/8/2018 11:15

Rizler, off the top of my head I think September was mentioned. Don't hold me to that. Pretty sure he talked about it on the vox podcast

[andrea152] 20/8/2018 11:09

Had noticed that NicosEvos - Zinc, Lead & Silver prices well off the top - mainly thanks to Donald Toupe, methinks.

Lets hope that the SS turns out OK and that we even get an upgrade to the total Resource as part of the drilling that's going on now. Perhaps an upgrade to Indicated Status ?

IMHO. DYOR. GLA,

[rizler] 20/8/2018 11:08

When are results expected?

[billyboychrisd] 20/8/2018 10:14

Well well, good morning EUZ.People wanting a piece of the action before the results come in. Still so much potential around this level.

[spec7] 16/8/2018 13:20

That's how we got caught on FCR/Moonlight.
Not saying it will happen again but when your product needs such huge advance investment you need to be pretty sure of stable commodity prices and TBH there is no such thing. It's just a matter of crossing the Scoping study with financial viability now.
Anyway lets see what they have to say before we get too depressed :-)

[nicosevos] 16/8/2018 12:52

Commodities prices are looking, hmmmmmmmmm....
Zinc well down, on $3540, January 2018 peak, now at $2340....

[andrea152] 16/8/2018 09:52

Waiting for the Scoping Study result - whenever that is ?

That will tell investors if EUZ have an economically viable mine, or not.

Simples ! - everything else is just pure Speculation.

DYOR. IMHO.

[billyboychrisd] 15/8/2018 17:31

Did I hear a boom!?!?!.....Nope, not yet.

[greatfull dead] 15/8/2018 13:34

Spec7,

I agree with you about " thankfully we dont have a thread that spends all day ramping this because there is nothing else to do :-)"

ATB,
GD

[spec7] 15/8/2018 13:30

Yes i know but nothing is happening today or yesterday or in the last week which is why the BB is quite. thankfully we dont have a thread that spends all day ramping this because there is nothing else to do :-)

[greatfull dead] 15/8/2018 11:59

Spec7,

EUZ have now got the placing done with a company change of name and a as per the AGM. They have a clear plan of action as we all know.

Q4 will IMHO see a massive change in the EUZ share price Onwards and upwards.



ATB,
GD