Member Info for CHRI5P

Fantastic podcast - mid sized miner - amazing!

In my opinion CB is going to move on this and the other projects ASAP. CB is 75'sh, he owns a large percentage of the company, is paid in shares and he is leaving other companies IMO to get this and the other miners he still interested in moving.
The last 5 or 6 RNS's have been amazing and trust me when the herd realize what GLR is doing you will see an extraordinary rise in the SP.

Ndn71 - You make a good point a p of 0.363 is at best an indication but not very significant. I wish everyone well - I remember when I lost all my money on an AIM stock and it is not nice.

TradeUK I am doing the same thing and I am in a 3 x QQQ ETF Short fund.

SMT is anything but boring. I traded it a bit 12 months ago when it fell to £9.49 but I am annoyed I did not invest in it 20 years ago. The management is great , they are cheap and they can invest in start ups. However, their main man is leaving and the tech bubble burst 6 months ago. This investment trust could fall a lot more but one day it will be a very good investment.

I realize that how mine is in North Spain, however look at this purchase by Sandfire and the resources that they will be mining:

Copper miner Sandfire Resources has recently completed the US$1.86 billion acquisition of the MATSA mining complex in Spain, transforming the company into a major player in the red metal scene.

MATSA is a substantial polymetallic mining complex in the Iberian Pyrite Belt, comprising three underground mines and a 4.7 million tonne per annum central processing facility, with cutting-edge technology and infrastructure and an extensive resource base with significant growth potential.

The complex produces about 100,000-120,000 tonnes of copper equivalent per annum at low C1 costs of just 40-50c per pound of copper due to zinc, lead and silver credits.

Completion of the acquisition was well-timed, coming just as the copper price returned to above $10,000 per tonne.

Yes this is a mine in production but it shows that Spain is an attritive proposition if the exploration is right!

Hi Ella, what do you mean easy target to drill?

1.15 to sell come on

CB does get things wrong in the sense that what's in the ground does not prove correct but that is the same for all explorers. However, CB is a deal maker and he is good at getting the deal done. If if KCB is too big for us the best way is to de risk and sell it while getting a reward upfront and a potential greater reward depending on the resources. I think all the licenses will be sold off at some point.

Castiron you are correct I remember that and thought why was KAV going up for no reason. HD I think point 3 is interesting because is tone yesterday was that KCB will look after itself or in my opinion it ripe for a deal.

Very good podcast and CB concentrating on the RNS.
The markets are on the back foot today and investors are losing money and even though this company is an absolute bargain PI's might need to de-risk.
For me this company will be much higher this time next year.

I just want to make the point that it is not unusual for an exploration company to add new projects while not finishing the original one. In fact EUZ having only one exploration is quite unique. My own view is that we are looking for a partner and hopefully one with deeper pockets than UFO and that would mean no place for LR. Although, a take over would mean the shareholders get a payout of cash and shares. I would not be surprised if one of CB's companies don't make an offer. If we get an offer then it will be low ball usual 50% increase on the SP average for the last 3 months which would equate to around 6.75p a share. One of EUZ problems has been that the management should have had enough time to manage more than one exploration. CB is CEO of more than 5 companies and I am in GLR where we have 6 exploration and a small % in another much larger mine. The issue is there does not seem to be any life after Toral unless we take it all the way which was the plan which is now in tatters. For me LR realizes he is not needed and I think if we sell the company we will get a payout but not as much as I hoped. So I hope we find a farm in company which leave us a smaller share which will be taken to production - again LR is not going to needed.

1,2 to buy

starting to move again 1.1 to sell now

The buys are coming through again - I can't see the MM's holding the SP back for long!

1.15 to sell up 15%

Brilliant - I have never had a share that I can't wait for the next RNS - yes I owned EUA but I didn't believe the RNS's.
Well done - just can't believe we are below 3p.

BB must be one of those paid Derampers because he just cannot be invested in EUZ anymore.

Is BB talking BS again. Apart from the government grants/loans which are long way needing to paid what other loans do we have or tax do we need to pay off?

IMO if anyone thinks UFO will buy us out then you should sell EUZ and buy UFO because they will be paying a lot less than 4 million for us.