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I agree having said that I thought the sp has held up quite well I spite of the aggressive unloading from DB over last couple of days. They will have flipped a fair proportion of stock. Warrents of last placing is at 0.0375 so I doubt they will exercise them till sp is above 0.055 ish
It’s down 10% it could be back up by 9 o’clock
BrickSSa, You make a very fair point, there has been a number of occasions that have a whiff of underhand tactics, however I doubt that anybody wants to listen to us.
since we are now effectively locked in, and others are effectively on a free ride, we only have 3 choices namely sell, join them by buying more, or hold, which is my situation having no spare cash.
Raising cash for drilling has never been the issue, it’s the way it was done.
However nothing has changed in the ground and we’re still sitting on a fantastic opportunity with a raft of results to look forward to.
Could be pis aswell 50 million shares etc were only 12k this time last week
Does anyone in their right mind actually believe that the BOD of EUZ would condone what DB are doing to the detriment of the other 85% of the share holders ?
Guys....I dont anyone really on this BB condones what DB are doing. I have said it before....what are they doing is tantamount to "insider trading" and I have reported them to FCA. In fact I believe EUZ themselves may have even done so for market abuse.
Its not shouting the company down or de ramping....Its all about ethics and a level playing field for all.
With bitter irony, no doubt.
Even people invested here like to knock the sp and consequently value of the asset - strange to say the least.
Sadly spot on Meno. It will rise on JORC however with billions and billions of placing shares it will be back to this level in no time.
Totally agree and publishing the large sells will put downward pressure on the share price and naive day traders sell out at a loss and buy vast, prem, nog, iqai whatever is the flavour of the day. I am here for the rerate for the jorc before or after so annoying as the fluctuations are that’s the nature of trading on aim. I am here for the asset value alone
really not bothered by the finish. Though I am disappointed on EUZ's behalf that it sold cheap stock at mates rates and a week later they are using it to bash down their SP recovery. With 'investors' like that who needs de-rampers ?
Found few quid dwn back sofa so topped up not a lot but every lil helps as supermarket says ...gla
Nice I have the new one nippy so different to the old one
Just stating facts . Like I said happy to be corrected? ....I'm locked in now. I wont be selling at a loss. The only real value here will be if the asset can be sold which could come at anytime or never.
I'm glad most of you are over being totally screwed over by the CEO . I'm not !
Anything that uses fossil fuel will be obsolete in a few years, you’ll be throwing your hard earned profits away.
Don’t buy one of them their no good
Can we stick to Europe metals as it’s their bb lol
I agree Gipps....pleased you mentioned Copper....I found this in the archives....
The Toral Project
The Toral Project covers a license area of 2,400 ha located in the province of Leon on the northern Iberian peninsula in North West Spain, approximately 400 km northwest of Madrid. The property is accessed by infrastructure including a regional highway, a high voltage power line and a railway line which links to the Asturianas zinc-lead smelter via the city of Leon. The April 2011 NI 43-101 technical report, commissioned by GoldQuest and prepared by Micon International Co. Limited, outlined an indicated resource for the Toral project of 4.04Mt grading 5.3% lead, 6.5% zinc, 0.11% copper and 41g/t of silver. In addition, Micon estimated an inferred resource of 4.67Mt grading 4.44% lead, 5.4% zinc, 0.14% copper and 32g/t of silver. A cut-off grade of 7% combined lead and zinc was used to define the Toral project’s mineral resources. The complete NI 43-101 technical report may be found on GoldQuest’s company profile at www.sedar.com.
Source https://www.goldquestcorp.com/index.php/news/archive/150-portex-minerals-inc-announces-memorandum-of-understanding-to-acquire-goldquest-mining-corp-s-base-metal-properties-in-north-west-spain
Must be mad as have taken a few more at 0.0382 GLA Verbs
It's absolutely the placing shares. I cant see any restriction on the sale of 4,000,000,000 placing shares at a discount of 28.6% and at a price of .025 50% lower than just 5 trading days before. Lovely 50% profit if you know the right people ie the CEO... 3,500,000,000 and we should be clear then theres the 2,000,000,000 warrants at .0375 , then theres the latest DB 600,000,000 at .040 and whatever anyone held before the latest 6,000,000,000 dilution.
anyway we have copper so expect at least a couple more drilling campaigns and placings at a 28.6% discount not open to PIs as that seems to be the going rate at EUZ.
Not seen why we had to raise the money before JORC yet which obviously would have seen the SP at around 0.1p where the raise would could have diluted the company by 6.25% approx instead of the 25% it was .
Happy to be corrected JMO
Nothing to see here.
Nope.... think it’s placing shares being offloaded, don’t blame them, I would be too, but I’d keep 50% for the rerate (which hasn’t even got underway yet IMO.
MAT .... typo
MAB or Meno is that u selling????
Once again the worm turns lol keep climbing lol ....gla
Was just about to post the same Gizzard, guessing placing shares being flipped? Positive that being absorbed by the volume, however certainly holding the price back from rising significantly