Member Info for BricksSA

I saw a 29m trade on Nex 29,060,143

If the shoe fits reasonable ....and I believe it does in your case ....wear it. :-$

Strongly agree Numpty...good post.

I think this will be an interesting week...... I gleaned this from the below link but I think the LT holders here are very aware of these games but for the newbies it is a must read...I mean any Reasonable man can see what is going on here....
If you were a short bluffing (basically manipulating a shares' price) about a company's overvalued share price, you might not want to draw attention to yourself since you could get accused of stock manipulation so you would hope (or plan for) others to get involved and to present seemingly good reasons to short the stock. You would want to put as much fear into longs as possible and would use high volume short trading as well as buying to drive the share price down as low as you can and as long as you can. You really want the longs to fold and to get out of the game. If you are consistently seeing sellers overwhelming buyers driving a share price down as a stock seems to be going up, I can assure you it's probably shorts selling since longs are totally motivated to sell their shares at the highest possible selling price.
https://seekingalpha.com/instablog/2918951-g-hudson/1026551-how-the-big-players-manipulate-the-stock-market

https://www.ii.co.uk/discussion/t/shorting-is-ruining-aim/907130

Exactly Shed !!...as Oiltap says...its all part of a DD !!....answering questions to the DD process :-$

Dont let the SP and negative comments get you down...listen to LR himself !!
https://www.youtube.com/watch?v=_ZeZozPo4dI
Listen to this at about 6.53 minutes in towards the end….as pointed out by Trade
"As a subset to that in the junior mining sector we need to see the transition we seeing and assets being bought and you are seeing a bit of it and that is what we are waiting for and we are in a solid state at the moment. "

@ bobby...the fact that the data room is open "on request"....means that due diligence is currently underway....so please dont say any longer we have no buyers...that is a blatant lie.
https://books.google.com.sa/books?id=oMgR433IiSUC&pg=RA13-SA1-PA8&lpg=RA13-SA1-PA8&dq=what+does+%22data+room+open%22+mean+?&source=bl&ots=tFuaxK2jAb&sig=ACfU3U2NL7S5mohyawibkKRNQxCVD3Zjhg&hl=en&sa=X&ved=2ahUKEwjI5Nj56NjnAhU0ysQBHeAlANcQ6AEwCXoECAoQAQ#v=onepage&q=what%20does%20%22data%20room%20open%22%20mean%20%3F&f=false

...only 39,401,600 shares traded on NEX and 64,160,977 traded on LSE..and it drops 8.7%.... tells me most shares are in "very sticky hands"...and the MM's are fishing....

@ Bobby…I believe there are “several buyers” currently doing DD. We know the data room is open and NDA’s are in place. We also know that its Goldquest Iberica up for sale and NOT EUZ. I know you think it’s a one trick pony but depending on the way its sold EUZ may still retain the Copper rights !!... so that makes it a two trick pony in my book :-$
I also think the value of the asset is significant ito a sale and as previously stated bears no reflection to the current SP. This is due to a number of factors least of all the running “loss” of 40m currently in the books of EUZ but most of all the current worth of the asset “in the ground” …and we know now that it can be mined and has a compelling business case for the Majors. Can you imagine LR, MC and CB selling this “on the cheap” as you say…These guys are well respected in the industry and how do you think they will get away with this without having their names changed ? …Lol..:-$ …I always appreciate your view but I think we are poles apart on this one. Good luck to you and I hope you and I recover our losses soon !

@ Bobby...imo and based on my research it can only be a sale....I have posted an email from LR received previously based on why he thought a JV would not work... Here it is again for ease of reference......let me know what you make of it please.
Toral is looking to be developed into a project with strong operating margins and is, in my view, a highly attractive proposition (See Rio's CEO talk recently on being more nimble/scaling), it also does have real scope for more scale but at present the resource is as stated. For a major buying into half a project of this type , even with a controlling interest- given the current scale, purely by asserting rights on a junior, ie; with no pathway to 100% or ability to prosecute further meaningful work, would not be something that might be attractive. Reasons being:
1. Capital efficiency
2. Majors are very 'mess adverse' with junior companies which is why assets are nearly always held in subco and hostile takeovers are rare
3. Ability to plot a mid-long term pathway to forecast likely production contribution
4. If an actual miner wants an asset its generally because they have decided its worth taking considerable time and expense to focus on the project

Interesting you should say "share buy back " Bobby....I was thinking along the same lines as if one looks at the "symtom" of the current trading trend with EUZ...ie the share price seems to stay below .00025 all the time no matter what derisking takes place...its almost like the "buy back" process has already started ...Lol ....I wish :-$

I agree Gawool...I think Toral still has more resource that as yet are "undisclosed"...I really hope that this somehow will be included in the price...we know that "indicated" Cu was present in the initial Ni 43-101 report... we also know at this stage already that lead and silver will jointly be a "product" ie silver will be sold with the lead stream...I am hoping that somehow they have found a way to unlock the Copper and it will be sold with the Zinc stream.....lets wait and see :-$

Exactly my thoughts Oiltap...they are busy answering questions asked by "the industry".....due diligence no doubt and they have been given a list of questions to answer....all will be answered no doubt....via RNS... Welcome back !!!

Geotechnical Study Completed ....tested at four different laboratories across Spain and the UK. A total of nine stations were analysed. To arrive at the same conclusion as previously announced .." The geotechnical study recommends that the already selected cut and fill mining method, as presented in the scoping study, in comparison with other methods, would be the best option at this time" ...seems like someone wanted another opinion on this ? Very interesting.

This is the best RNS he has ever put out imo...All very positive.
In the interview I picked up 3 key points....
1. He doesnt know why the SP drops on good news....even went on to say no more funding required in the near future.
2. They are answering certain "questions" put to them by the industry so key potential buyers are already involved in the current analyses of results coming out of the different streams. ..and by doing this "ticking off " the boxes..
3. He is seeing assets being bought...That is what we are waiting for !!!!!
Straight from the horses mouth !! Toral will be sold...its just a matter of time. IMO. DYOR.GLA

Well Sheds...I am a reasonable person and I do understand that a lot of people get P%$#ed off with the postman...for various reasons. However, he cant control the weather :-$ and sometimes he may be taking strain and have hot and cold flushes...or he may just be ill. But when he goes awol that is a big issue....Hopefully he surfaces soon and we get our cheques :-$

and LR needs to get on his bicycle and deliver very very quickly :-$ as there are a few pensioners waiting for their checques !!!

Cant say I have an issue with whats been said as I, like Bobby and DJ have been around the block a few times...Needless to say I have the same internal debate with myself fairly often...There's an "old school" in me that says the postman always delivers...no matter what the weather...rain..hail...or snow....he will deliver. However the "new school" in me feels sorry for the postman riding his bicycle in inclement weather and my expectations have been adjusted somewhat...sign of the times I guess :-$. I am still very very confident however that this share will come good and we will be rewarded accordingly. IMO.DYOR.GLA

I am not a shareholder in EUA but have been following with great interest and am intrigued by the suspension. The question remains...why have they been suspended ? Many think its a pending sale...I really hope so for all investors...but I dont think the BOD or CEO can make a public announcement if the share has been suspended by LSE.....and not EUZ. So lets go back to basics guys...who suspended the share ? Does anyone know ?