Member Info for CHRI5P

I think the share became so cheap that LTH's bought more and a few investors like myself thought the consolidation was what it was no more no less and thought the fall from 10p to 5p was an extraordinary buying opportunity. I do try and compare EUZ with GLR and when EUZ was worth £1.65 million GLR was worth £6 million (similar mining company).
Until, we get the results I feel this will be range bound from between 10 and 20p because the news is no news as of yet and everything else is speculation. It is good to speculate and good to be grounded but the over ramping I have seen by so many traders is more likely to make me sell because the SP will collapse when they move on and if the results are delayed then this will happen because traders do not have the patient's of a saint.

Shed
Good job someone is keeping their feet on the ground and you were called a ramper last week.

The price might spike tomorrow morning I hope it can hold it and finish the day on a high

Shed
We did try to say the SP drop was more to do with sentiment than a consolidation because there was no other news which is still the case

BricksSA
I already have a million-- the difference in price is bonkers

BB
Thanks for giving me more information. It looks like management under estimated their cash position which does happen a lot on AIM. I don't see you as a de-ramper just someone who wants answers to perceived management mistakes.

In a rush sorry about the English

BB
I do get annoyed reading your posts because you're so negative towards management but I also feel you have a right to be angry due to the time and money you have lost so far in this share.
I have made my most money on a share which was 300p when it joined the AIM market, it is the oldest stock on the AIM market, the share price was 0.23p 18 months ago and is currently 18p. So after 25 years the investors who were there from the start have lost 14/15 of their investment and my average was 0.44p and so I am 40 times up on the shares I have left. The seriously LTH's were hughe loses because it took 25 years to line everything up a lot longer than EUZ. By the way the man in charge was their most of the time and his biggest criticism was that he was too cautious and lame in the interviews and why have we not sold out yet. EUZ has a similar journey.

There are so many on this board who were convinced the share price with fall massively post consolidation they have been cuaght out and may have even sold out in anticipation and now want a cheaper entry. Well let's hope we have a good week to increase their pain.

If the assets are confirmed, the commodities are in demand , the commodities can be mined without issues, the country of the assets are fair and finally the share value is cheap then EUZ is an absolute bargain. This is what we should be discussing and then we need the management to get the best deal. I honestly believe the ducks are being lined up and yes there still maybe delay because something else needs to be checked. The only true negative thing on this board is that the directors don't have much skin in the game but at least they will be paid partly in options

The market cannot factor in the delays due to the amount of testing and even more testing. Initially, everyone sees the asset and ploughs in and the management let you because they need a high share price to raise money to actually prove it which takes time. Then you get the bump and dump brigade who make it even worse. So BB do you have proof the company could have been sold and the management droped a ball? Have they refused an offer? The share is moving the right way at the right time. It will build momentum and let's hope the results are even better than we can imagine and funding/sale news follows. Always the optimist.

I don't discuss my investments with my other half. Someone on the EUA told his wife and he was forced to sell at 1p they are now 18!p

Let's hope we can get to 7.5 before we get news. However, we were around 11 at the start of the year.

On the AIM market the value of £1.65 million for EUZ is so small with no debt the asset is everything. However, the management will then need to identify the right strategy at the right time (the commodity in demand). The problem is that the paid research can bring about more tests and more research, delay, expense and the cost increases. Investing early can and will be painful. If you feel the management did not sanction the correct research/tests or is not using the information correctly then you need to think long and hard about why you should invest. From what I can see the company is on the right track even if it does seem a slow process.
I am not a ramper but I will show passion in why I invest in a share. I won't deramp if I sell out too early and I use the board to give my opinion and want others to do the same so I can increase my knowledge. If you are unhappy with the company you should email the company or call them up and if you don't get answers then maybe you should move on. Let's start trying to be constructive or even positive on this board because if this does multi bag trust me the true idiots will be on here.

Yes, there are risks but these are many times in the SP. I am so convinced commodities are where you need to be and especially base metals used in construction and green projects.

Shed
I was introduced to EUZ by a work colleague last October who also owns EUA but trys to trade. I traded EUZ twice before making around a grand - I tend to do this before I invest. I told my friend initially EUZ was too far off production and lead and zinc were out of favour. Additionally, they were valued at £5 million and GLR was better value. However, I believe inflation is coming due to the extraordinary amount of QE/money creation and government infrastructure spending to come so I am also a base metal bull which silver kind of is.

BricksSA
The main drivers for me are, the company assets compared to a pitiful company value, no debt, silver on the rise which can go bonkers and it actually feels to me that management will get the ducks lined up when they have all the information to hand. I am a greedy person and my family are not rich but we are OK- EUZ could make us seriously rich. However, I realise I might have to wait a long time. By the way I have quite a bit of respect for this board- I can't face the EUA board anymore.

Yes what a carry on but will it effect the share price in the short term. I have basically taken a stake in EUZ purchasing 700K shares over the last week. Barclays even let me have most of them at 5p. I now have a million and before you think I'm mad they were all purchased from some of the profits from selling some but not all my EUA. I still have some EUA but I feel that they are not the bargain they were whereas EUZ could be life changing at these prices. I think I have just under 3% because there are 33.4 million shares in issue. It's only money.

You can buy loads through Barclays if you want!

I did say Eua rather than Euz because I know you've made a huge profit like me. There are many angry/disappointed shareholders and those who have lost over 90% in the last 5 years rightly so. However, you eventually have to look forward loke BB and yes you might not get the 2 thirds you've lost this year or next it took EUA over 20 years. I heard of a EUA investor who started buying them at 9 p nine years ago and now he could double is money on that part of his holdings. Mining is not straightforward in AIM and it is difficult to raise cash but it can be done. Shed is right when they says there are non dilution possibilities but it will depend on the results. I bought into HZM who signed a deal to give 2.6% of the nickel in the ground on a certain tonnage to be forwarded £25 million from Orian to start the construction of their first mine. These results will determine the future for good or for bad. A company worth 1.65 million with no debt and a few outstanding options could well fly in 2 weeks time. So this is why everyone needs to look forward because this could be one hell of a ride

Newbie,
I can see you are frustrated may I ask when did you buy EUA and at what price?

Barclays were OK yesterday you could by over 100000 shares