Member Info for BeardedDragon

More likely the share price will collapse completely

Here is what the company has stated...

Eurasia's production (palladium, platinum, rhodium, iridium and gold) from the operating mines is sold in the domestic market at prices with a market discount to the LME prices fixed in USD, while the costs are mainly fixed in Roubles, whereby a weakening Rouble exchange rate has a positive impact on the bottom line of the Company.

So they trade in Roubles, end of story.

Smartie06 you are forever the pessimist. You predicted 245p for BP and yet now its 355p. Likewise 270p for ITM but its still holding above 300p right now. Are there any UK stocks you like?

Down nearly 6% this morning

Any explanation for the drop in price. I sold at 347p before close yesterday and thought I might regret it. Now it seems like it will fall below 300p today. Cannot understand why.

338p now

25.5p

Hashtag, nobody stocks Prince Andrew cups & saucers. Stop being so puerile and admit that GDR can still raise its head from the ashes like a phoenix.

But Scoter, it seems to be falling by the hour. How much did you pay? Personally, I am looking to buy around 4.75p

Your shares may well be in your ISA but they are going to be worth zilch at this rate. Those of us holding AVCT, GDR, ODX and the like in their ISA's have seen their pensions crumble.

Never buy a falling knife. This may have much further to drop I fear.

It seems that enough folk reported Mr W to have his post deleted. What a moron he was, thinking we would believe his scaremongering rumours.

Another bounce this afternoon to 150p and hopefully beyond.

Sadly Raffs, up is certainly not the only way. Wishful thinking in your case I suspect.

Bella, sadly we will probably not be getting a positive RNS on Monday, mark my words. Folk who repeatedly say that the likes of GDR, ODX, NCYT etc will get a RNS the following day are simply rampers whom I totally disbelieve.

Yes but look at GDR now. The trick is to sell at the right time.

Looks like you may have badly mistimed your departure, Sam. Up 9% at the close with buddy Avacta up 11% too. Unlucky squire, glad I held on.

Why so much optimism re. the RNS when the company admits to writing off their substantial debtor? We don't yet know how much is involved but, if it was minor then the company would have said so.

Anyone saying buy on the dip needs to remember that the dip has only just started. Wait another week and buy at £5.75 is my suggestion.

Solid results as almost everyone agrees on the proper Results thread. Ignore the usual derampers.