RE: Another nice mention17 Jan 2020 13:32
This is the main reason for the rise of Eurasia Mining quotes, which in 2019 increased several times. The fields owned by the company are very promising, especially given the beginning of the development of the flanks. The company's quarterly report, citing Rosgeology, indicated that the estimated resources (Inferred category according to JORC international classification) of deposit flanks on the Kola Peninsula is about 1.7 million ounces of palladium.
I note that against the backdrop of explosive growth, the leading media began to pay attention to a company hitherto not very well known. We already wrote about this at the very beginning of January: the material was published in the magazine "Company". And then Kommersant published an article on palladium deficiency with a mention of Eurasia Mining.
As for the shares of the company, I believe that the growth of quotations may continue. In addition to increasing demand and, accordingly, palladium prices, there is another trigger for the company - possible interest and subsequent takeover by a large strategic investor. I carefully monitor the situation.