European Gold Share Discussion Threads

[wassapper] 17/8/2009 22:17

lp - I don't disagree with much of what you have said, but speak to European Nickel about speed of permitting!

[lucky punter] 12/8/2009 11:10

I am hoping that the Pontides drilling is underway and that encouraging mineralisation has been seen in the core.
There are fanstatic opportunities in Turkey for EGU and I suspect we will see several further ventures in Turkey. The main recognised resources are in Western Turkey where Ariana (JV partner in Pontides) are busy developing projects. With David Redding on the Ariana board I would expect to see EGU taking part in some of the pipeline Ariana projects.
The Turkey advantage is that the Government are pro mining and exploration and that the permitting process is swift and straight forward. With 5800 tons of Gold left undiscovered in Turkey its the place to be.

[mcmather] 12/8/2009 08:07

Any particular hopes / expectations for the results?

[bangor] 10/8/2009 08:37

Good to see this break above 200. But as it has been range-bound all this year between roughly 150 and 200, the big question is can it carry on up or will it turn down here. I'm holding on to mine in any case - one day I reckon this will be a stellar performer.

[mcmather] 06/8/2009 21:37

UK 8% up on the day. Canada 12.46% up where it finished c$3.700. Think that equates to 204p - ie hopefully the 200p barrier broken (again).

[percy thrower] 06/8/2009 21:08

well we have the rise and volume today. Looks like we have a bit further to go.

[maxim1999] 06/8/2009 20:20

NAV with all 3 permits is 600p. But sector trades on 1.5 X so call it 900p. Looks high but investors bored and tired of delays. Buy now and enjoy

[kickstart] 06/8/2009 19:09

I agree Tim, when all the permits are issued EGU are going to be plum pickings for one of the big boys. They have traded as high as £3.50 18 months ago when gold was around these levels and the big gold shares were at their highs of this cycle ( to date).As have pointed out elssewhere the major Golshars are undrperforming compared to the price of gold. Something will give soon.

[tj222] 06/8/2009 16:13

With $55 P+P co. is very cheap. Target $6 but 12$ when all permits issued. Possible great fit for NEM or Goldfields.

Chairman buying so many shares suggest permits will issue.

[foot in mouth] 06/8/2009 15:01

Any feel for where the share price could eventually end up?

[maxim1999] 06/8/2009 14:50

This is very important news.

[mcmather] 05/8/2009 12:05

Heavy buying again yesterday and 500k purchase at 188p this am. Hmmm.

[ukgeorge] 04/8/2009 20:45

C$ 3.4 or £1.87

[tj222] 03/8/2009 20:25

Licenses being granted. Probably an insider. For their P&P these are still dirt cheap. Mkt waiting for these licenses imho.

[mcmather] 03/8/2009 19:10

Who bought £1.584m worth of shares today? And what do they know to make them purchase such an amount?? Half yearly results due next week.

[maxim1999] 02/8/2009 17:08

I have held these for 4 years. I think and hope 2 of the 3 licenses will be issued this year. Romania due next. Should come in next 2 months. That will be worth 60p on the price. Year end target is 400 p .

[maxim1999] 02/8/2009 17:08

I have held these for 4 years. I think and hope 2 of the 3 licenses will be issued this year. Romania due next. Should come in next 2 months. That will be worth 60p on the price. Year end target is 400 p .

[eric76] 02/8/2009 13:48

Shame about the volume, guess thats a reason to be cautious if gold isn't flying at 2pm tomorrow but yes the mark up should be good in the morning.
The C$3.26 to buy comes out at 1.83 UKP according to x-rates and I make them £1.80 to sell too which is quite a result imo and certainly better than the last Fridays 6% drop.

[kickstart] 01/8/2009 00:12

I agree they should get a good mark up monday , but volume in Canada was not great. Just a reaction to the Gold spike Friday IMOP.

[percy thrower] 31/7/2009 21:16

up over 10% in Canada. should be a nice markup on Monday.

[eric76] 30/7/2009 16:24

Looks like good timing with gold trying to recover. They bounced off the bottom of the uptrend today as well so hopefully a better few days ahead spwise.

[kickstart] 30/7/2009 15:54

Topped up today with another 4,000 @ 160.4p a good price vs Canada for a change.

[eric76] 22/7/2009 16:15

Look to have been a good buy, they're up again in Canada after their customary morning dip and are trending very nicely upwards toward £2.20 if golds kind to us imo.

free stock charts from www.advfn.com

[ukgeorge] 21/7/2009 13:07

bought a few of these on friday. at 154p. 1oz worth

imo
gold looks as though it is going to test $1000 resilence again in short term and 150p looks like good support to the share price