Member Info for CHRI5P

mfm - I have invested in at least 10 different AIM mining stocks. Some I feel are longer term and some I trade. In the short-term I do quite often average down but in the longer term if your investment is worth 6.6% of what you paid for it then you have made a bad investment and you didn't do your research and you have only yourself to blame. Although, if the product you invest in goes down by 50% then that is the most likely reason for the fall and I doubt if you have the intelligence to comprehend the reasons so I will not explain further.
I am massively invested in GLR and I bought back in to EUA. I bought RMM, HZM and many more stocks when they were very low and have doubled in price. I have made mistakes such as WTI which I blame myself and don't always blame management when the facts were staring me in the face and I should have sold at a loss.
You are very rude idiot who needs to learn about making money rather than moan about how other people do.

Averaging down as worked for me in a short-term basis and I think AIM mining is a place to average down. The reason I say this is that in the short-term with AIM mining it is PI selling who knows as much about the company as you can research. Averaging down on a FT 100 company I agree is dangerous because there will be professionals in the know. I bought shares in BCN a lithium exploration AIM minor for 70p and 7 months later I bought 8 times the number of shares I had at 13p because I just could not believe the price. The reason they were falling was because a small time institutions was forced to sell. Within 4 weeks they were back above 25 and are currently at 44p, I am still down on my first buy and this was due to the 3 year slump in lithium which ended in December 2020. Anyone who bought EUZ 4 or 5 years ago will be 15 times lower and whatever the idiots on here say the biggest reason was the price of the resources was 50% higher 4/5 years ago and this would be worth 2 or 3 times our current projected profit. I think the resources we have are on the up and we are so much closer to mining than 4/5 years ago. But there are positives because the latest drilling should increase our resources, we now know that it will be a low cost mine, we have EU funding and we have all seen the report from Bara that will be updated. I own enough EUZ and I admit 15 times the current price will be difficult unless we get a massive increase in resources or and the price of Zinc goes up a lot more. However, I think we should be at least 30p with the chance of a huge rise at some stage.

PFS

Over the past 12 months this has been in general the most negative board I have ever seen. I must admit I only became a shareholder 12 months ago and took an almost 3% stake after the consolidation due to the SP being so low it was at a price that a predator could use all the tax loses to get enough value from that current price. Yes we are double the price of the lows but I still think we are an absolute bargain. So why would you want to buy more shares:

1. From the Chairmen in the year end RNS:

At the time of writing, further drilling is underway at the Toral project to form the basis of a Pre-Feasibility Study ("PFS") whilst corporately we are actively involved in a number of initiatives that we believe could potentially lead to a major value event for all Europa Metals shareholders. Further updates will be made as and when appropriate.

This statement and the Bara report says one thing a partial or a complete buyout and this before the BFS IMO.

2. Drilling results will be due soon and this is to complete the BFS and improve the amount of resources.

3. Many of the LTH's and mentioning no names have kept on about a placing but on the 31st December our cash position was an health 2.9 million with over 300,000 Euros of grant money to come our way. So no placing this year not like many other AIM miners
4. Even at the low resource prices and the current resources indicated and due to the mine cost being so low those cost will be paid for in under 4 years.
5. location could not be much better for many reasons.
6. The company is worth 5.5 million and this is so low it beggars belief how PI's can't see this.

However, PI's tend to be lazy and buy when the SP moves and one day they will realise like a leak in a dam and the shares will be flooded with buys but no one is selling. I don't think those days are that far away.

The sell price just fallen a penny is this to increase the spread to 1.5 which would stop investors buying? I have seen this done before don't be surprised if there is pent up demand and the MM's are just trying to contain the SP!

I bought another million about the time of the 1.35 sell - price I paid was 1.375p. I love the AIM mining market - people sell on no news which allows you to buy before good news and vice versa.

It was ridicules 2 years ago when the SP of EUA was around 0.4p with at the time with 1.9 billion dollars of proven resources at MT. However, that is AIM exploring too small for the II's and the PI's don't get involved unless it doubles. The management knew what they had and in insight this was obvious looking back because at every stage in the last five years they bought into placements, issued options and were paid in shares. This is a clever and patient BOD. I bought back in yesterday for 100,000 shares because the RNS 2 weeks ago was very positive but not the one the impatient PI's wanted. I think I said on here that the SP might double but it didn't and so I just had to get back in yesterday. I am not going to predict the SP again but I do feel extremely positive. The reason I sold out was due to exposure to AIM mining but was able to top slice a few AIM shares last week to buy in here again. Have a good weekend and the largest game of poker is still in play.

Base metals needed for the new environmental world are going to be in such demand. The UK's ban of new combustion engines alone will me the UK will demand such metals that they will not be able resource without paying a huge price. China is taking over the base metals which happened 15 years ago with the prices going through the roof but this time the demand is real, worldwide and will be around for decades. It takes 7/8 years from finding new metal resources to mining them. Europe/Spain will need all the base metal resources they can keep hold of. EUZ like quite a few other exploration AIM miners who are close to getting their mining license and have zinc, silver, copper, cobalt, lithium or nickel resources are going to do absolutely amazing in the next few years because their is not enough time to increase the supply ready for what will be gigantic demand over the next decade.

Thanks for the complement Phoenix11!

Most LTH in AIM mining have had disaster since 2011 and this is due to hype in 2010 that the commodities cycles is going to continue for ever and a day. However, China stopped buying all the metals and the world stopped growing that quickly and the RIO's and BHP's over invested in mines and metal prices collapsed and started to pick up in 2018 only to crash again due to the pandemic. The average mine takes 7 years from it being indicated until it is mined so it is a long slog. When the resources you have keep going down in price then you have to keep raising money to keep the lights on but you can't spend too much because the resources might not be worth enough to justify the mine and you have paid out a lot nothing.
CB who I listened to in May/June had the foresight and confidence not only to buy the licenses when copper was on the floor but have the insight that copper and most base metals from June would make a spectacular change in direction. Copper is on a 10 year high.
Many LTH on many boards moan but the most important factor is that you need to be in the right resource at the right time. In 2011 it looked like rare minerals was the commodity to be in but that changed (due to China) but it will be in huge demand IMO soon. CB completely change focus in May last year towards copper - can anyone disagree with his actions on this board?
AIM mining is a very risky business but can bring amazing rewards. I have said this on the EUZ board and I will say it here, that EUA was one of the first AIM stocks in 1995 and it endured 24 years of falling from an SP of £3,00 down to 0.2p in 2019 and now 28p due to placings, delay and falling PGM's. So to sum up, it takes time and money to get a mine running but most important than anything you have to be in the right resource at the right time and for me over the last 12months CB has done a blinder. Let's hope the copper resource is huge, it is good quality, it can be mined cheaply without too much expense and the copper price stays up. Most of these things are currently out of CB's hands but he definitely initiated this opportunity which might be pretty dam rewarding for us shareholder - only time will see.

The trouble is Shed is that if we get a good RNS tomorrow morning the de-rampers will claim it is April 1st and will be deleted at 12:00 pm!

Or lor_9 we were valued to go bust within days and now investors are just starting (long way to go) to believe we will be constructing a mine in the next few years.

I bought more today at 1.34 - one of my buys is a delayed sell on here. We are worth less than 12 million yet the potential is huge and with some of the agreements we now have in place we will be getting money to fund some exciting exploration + other possible sales in the summer. So no placings, huge potential and management have a huge stake in the company. Now let's all sit down in the garden and have a glass of red or in my case a cool beer and enjoy the hottest day of the year.

We do not need a farmin at this stage because they will leave us with peanuts when EUZ has done all the work.

I am very surprised the share didn't rise further today. I suspect people just can't wait for the RNS sale.

I do apologise for the post yesterday. This is a RMM board and I was just comparing different values but why would anyone think it would be EUA who do have a mine and are mining. I didn't mention the ticker because LSE tend to delete my posts if I say a negative thing about the company for some reason I cannot explain.

There is no pleasing you Shed - you have on stock up 9% and one up 18%?

I was not talking about EUA which was a 20 times mult-bagger for me. EUA has a working mine, $2.7 billion proven resources and possibly over a $100 billion inferred/indicated.

I was invested in EUA and by the end of my last sale I had multi-bagged by 20. I think they will double in price next week and then fall back a bit if there's no sale news. I think it is OK to discuss in comparison. I sold out because you should diversify after a big profit because what goes up can come down as quickly. I actually hope EUA do rise because we only need a small amount of money to be switched over to make a difference at EUZ. Additionally, I sold out for financial planning reasons such as having over 50% in investment trusts so that I can retire in 21 months time and still have a large AIM mining portfolio of 5 shares. 3 including EUZ have the possibility of multi-bagging by 10 without being at risk of falling by more than 50% and 2 which are close to building a mine, have funding in place, the resources I think will be in demand for years and enough resources for hundreds of years. Let's hope EUA does double next week because it will benefit EUZ I am sure of that.

A very good RNS I have sold out because I wanted to have more than half my assets in investment trusts to retire at 55. The BOD have just raised the antie in the world's biggest poker game. EUA now look to be holding 3 aces, well-done everyone invested.

Sorry for repeating myself but the reason you get multi-baggers in AIM mining and lately a quite a lot is that the the valuation of them have been pummelled into the ground with the placings and the waiting. However, this gives opportunity if you time it right and you are patient. There are many cheap AIM miners out there that will multi-bag this year and this is one of those which was so cheap at 9p last week it beggars belief what investors look for when they buy AIM mining shares. The facts are that EUZ is too small for most II to waste time on and so apart from DB we have no reference of investor expertise but they do own 11.8%. We are so close and all the tweets are suggesting the news will be coming thick and fast. Someone 2 weeks ago was bragging about this share would be less than 10p at the end of the year when they declared it in November 2020. Time will tell but if that person put another zero on the number I thing the estimate will be closer.