Member Info for DMcG54

MMs gits are keeping below 29p probably exploiting what has happened and probably also exploiting the fact that some folks will be thinking FSP will be c29p hence why we haven't gone up to 29p+. It's all a mix of game-play and clumsiness (aka scum or Alexi, take your pick). TBH though it doesn't look great that this has happened so the best thing would be for Alexi to resign as advisor (sack him but let him say he resigned) and for the BoD to get this or these deals done on FSP. It is complex and there is covid lag but FFS just get it over the wire now, we are all ageing an d I'd like to get back to 'normal' investing rather than this drawn out pantomime. GLA

HL in constant auction at the mo'

This Alexi chump will have to be removed as an EUA advisor (I expect he will resign soon and he was never on BoD) I also expect he'll end up as part of the foundations of a new car park complex outside of Moscow.

GLA (except Alexi, you can FO)

Reads to me he had to sell possibly to enable a big investor from Russia in. This means (to me) big sale coming. The last minute nature of it all was very clumsy but ultimately a good sign. GLA

Not sure why my message had all of those weird characters, it was supposed to read:

Remember: Aug 18, 2020:, successful completion of equity placing with institutional investors at a price of 22.5p per share (closing price on 17 August 2020).

This is not a ponzi just rough weather at sea. IIs saw huge upside at 22.5p, Blackrock in vesting even if it is indices based they wouldn't invest in a shooting fish scheme. GLA

Remember: Aug 18, 2020:, successful completion of ????$?????? equity placing with institutional investors at a price of ????.???? per share (closing price on 17 August 2020).

This is not a ponzi just rough weather at sea. IIs saw huge upside at 22.5p, Blackrock in vesting even if it is indices based they wouldn't invest in a shooting fish scheme. GLA

Well Evan, that's what I'm thinking as well, let's hope they get a move one GLA

Apologies Riposo I've just seen your link and it says the same thing that I found on ADVFN (I've just posted on the thread: ADVFN Chatter) but you have found something more authoritative, thanks for sharing and GLA

Picked this up on ADVFN, makes sense to me, I personally think this will rattle up now and not tank:

"The below explains what happened today very well. Alexei Churakov, owns a company called Venus Garden Holdings. In 2017 he purchased via VGH 27m worth of shares for a 7% stake in Eurasia's subsidiary ZAO Kosvinsky Kamen, which owns the West Kytlim project. Alexei is very well connected to Senior members at Lesego Platinum Mining Company, including the now new CEO James with whom he has worked with in the past. Alexei has sold his 7% stake in ZAO, as a buyer of Eurasia understand that they do not want someone else with a share, which explains why Alexei has not sold his other 10m shares as these are directly tied to Eurasia Mining itself and not a subsidiary. To understand what has happened today is Alexei has been selling these shares in the background for sometime. The Market Makers have held the price at roughly 30p to accommodate, so the 27m shares that have been sold have already been factored in. Once the RNS has been released, people have panicked, and the share price on its way down has hit stop losses and continued the free fall. Its a shame the trading day ran out of time, or you would have seen the share price continue to rise as the panic stopped and investors piled back in. In my honest opinion, dont panic, you don't have long left to wait, the BOD know exactly what they are doing. Its called getting all your eggs into the basket before the big one drops. DR."

Resolute poetry Andynic, I salute you sir

Spot on Crabby. It will soon be time for celebratory vodkas ;)

It's clear that the big sell-off has worried the horses and led to a flurry of sells that hit Stops but it looks like it recovered. This might be of interest:

SUMMARY OF THE PROVISIONS OF RULE 8: hTTps://www.thetakeoverpanel.org.uk/wp-content/uploads/2008/11/rule8summary.pdf?v=21May2018

He used a Form 8 DD and there is mention of Rules 8.1, 8.2 and 8.4 - he may have had to sell for some reason, as stated before a possible conflict of interest.

LinkedIn has someone of the same name as an Investment Director (possibly the same guy):

https://www.linkedin.com/in/alexei-churakov-3779261/

Also, he hasn't sold all of his holdings, just a part of it.

I think this is more + and is indicating something is shifting now to break the impasse, if it was bad news he'd be planning to offload the lot and so would the BoD and then ask yourselves why would then do that as we know the sites have PGM, the metal hasn't been hoovered up by some mythic monster, Russia isn't at war with anyone etc.

Chill folks, chill.

Hmm 8.3 has arrived at 3.20pm as per usual

£35 is blx, never happing in this life or the next or in parallel dimensions

8.3 drops at 3.20pm on the dot generally - 4 mins to go...

Could be signs of white smoke

PP: It's not a crystal ball but can flag up trending,

Saw this on ADVFN:

"We certainly have a daily MACD cross now, ie a definitive buy signal. Put aside all this rumour rubbish, we're on a technical buy signal after the recent retracement."

I thought 43p was the high on trades and 45p was the high on Ask, not sure it ever traded at 45p

Lol indeed, back to where we were. Let's just get hammered on rum for now until the big RNS comes

Alavib: You need to go to another link on LSE for G3E discussion:

https://www.lse.co.uk/ShareChat.asp?ShareTicker=G3E&share=G3-Exploration-Limited