RE: Situation14 Nov 2019 20:02
1. Why a normal MCap mining company go from 50 mill to billions potential in two weeks ?
They are selling a fraction of what they have in the ground. They have it, they cannot mine it yet
Did no one see the potential before that after 10 years ?
I am sure people saw potential here. They first have to drill and prove in numerous places. And in the area- quote from s dmitry interview:
“Kola peninsula there have been a number of exploration taken place. So It's not only us - it's ANGLO AMERICAN that has been doing extensive exploration programme within a big chunk of land, which WE ARE GRADUALLY GOING TO APPLY FOR. Also, there have been [Norilsk Nickel], as I mentioned, doing exploration. Then the [Barrick] doing the exploration, again, on a big licence. A palladium licence. And some other players.”
2. Why if it’s so obvious what’s happening has the sp stalled and so many sellers they must be mad ?
Traders, shorts, mm’s who knows why they sell. And depending on where you look, then buy/sell ratio is incorrect. Besides, as someone mentioned other people’s decisions shouldn’t cloud your own judgement. I am sure you agree.
3. Exercise warrant quick is this because of a deal or because they need money ?
I find it odd that they would opt for warrant money as opposed to Sinosteels $ if this was because they wanted to get their hands on some cash. Which, we do not need (Regardless of warrants). And explanations like “helps in tactical negotiations” would make sense if you’re following the story.
4. Haven’t been doing so well untill this hype ? Is this hype ?
Every company has its story. The flank application and interest from banks came recently, and of course there is hype. Big product and hopefully big reserves. I believe they’ve done 200m drills so not deep. They can mine even deeper to tap for more resources.
5. You can join the dots an any share if you look hard enough
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6. No proof of what grades are there just numbers ? Look at other mining companies they show proper grade quality per Ton ect ? Eua have never done that ?
There have been figures released, whilst we may not know more, I’m sure dd checks , multiple site visits to etc and drill samples or grades - we won’t know what the bod does. But with the information we have been given, even taking 2moz of palladium makes this a remarkable play. It’s the potential bonus that makes you want to keep your eye on this.
7. ..a lot better prospects on aim just now with proven fundamentals? Fundamental here are hear say by the bod no proof of grades ect because if they falsely that there in big trouble ! I can say I have (Pd) in my back garden or I have warrents I won’t sell ? If I do grades from drills ect and lie im in trouble !!!
Well this questions almost implies a large scale fraud. To me that is far fetched- & Pd in a ground known to be rich in Pd, with an NN refinery next to it is more plausible
Why so many sellers if it’s going to multibag x10?
Yo
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