Member Info for EthioEthio

Gecko
someone said they spoke to Keith yesterday and he did not know about the RNS and also said Alexi has not worked as advisor to EUA for a long time. RNS confirms that.
#detached

The ones who had a lot to lose
1 - Adam from JUB Capital. Known on this BB as Spikey
2 - Tom W - another huge loser £400,000k - He had his crew do the deramp work for him but it failed. Purchase at the top , 9inch etc

Both were heavy into deramping EUA. It did not work. They done their brains.

1sttimelucky
Alex has already explained it in detail on his twitter and some of it here. If you need to know further you can dyor.

STOP LOSS
Not a good idea on AIM. MMs will come down to take them cheap. I only use stops when i trade on US stocks.

1sttimelucky
Russian mining laws are excellent.
Proof?
Look at some of the biggest mining companies in the world - Happly operating there and making more profit in Russia than ANYWHERE in the world. This is a fact. Look it up.
Even Dimitry said they make a loss all over the world and make it up with tons of profit in Russia.

Don't forget, it costs some 60% less money in Russia than anywhere else in the world. One of the main reason EUA is in high demand with multiple parties going for it.

A1EX
Fantastic put down.....
that's the reason detailed resource update has not been given here.

Excellent work on twitter....i know we've had our battles during suspension but i appreciate the in-depth research you provide. Your contributions have been awesome.

TILLY - got to also say you've done a fantastic job since i called you a one......:) keep it up!

Game shop is up 780% in 5 days. anarchy

yesterday, the US Market was down due to anarchy......discord and Reddit groups burning companies that short.

sites with 1000s of users working together, buying a stock at the same time and destroying big firms. Markets hugely affected by this.

Reddit - 2 million users - Banned - why?, for sexism, racism and foul language Lol

Game shop - Look at the stock price and how they destroyed shorts. Companies lost BILLIONS.

Most stocks in the UK are down and EUA i think would have been much higher but i this saga about short squeeze is a factor.

RMR1969

Another good post.

I said EUA must RNS at 7am today and they did not let us down.

The fact that the shares have gone to an investment firm from Russia @29p adds to Blackrock backing this.
Those of you who think Blackrock buy stocks purely based on algo need your head testing.

The SP will eventually raise. We just have to give it time as MMs seem to be playing a bit. At this levels,more IIs may get on.

VWAP26.43686
Cum Vol39,870,209

SP is currently below VWAP

Had to sell a couple of stocks to free up funds but am happy. Thanks MMs. i see my top up price as a gift.
Veles in at 29, blackrock at 38.85.
Nothing goes up in a straight line as traders take profits. Hopefully, we'll be in the 30s within a couple of days.

LOL

Veles are no mugs.

There is a lot more to come here.

Back up to 42p.
Good luck if you managed to buy. I couldn't.

27/01/21 18:12 712,170 22.51 0.00 0.00 £160,309.47 Buy

712,170 shares bought at 22.51 is the last trade today.

Clear indication this is fast going back up to 29.

Honestly, i have seen stocks bounce 30 - 40% just because seller run out.
Because the share gets oversold, it bounces hard.

Here, we have seller done and a clear indication a deal is in process of completion. We may go higher than yesterday's close.

G night all

VGH - owned by Alexei Churakov, who has held positions at Goldman Sachs and Morgan Stanley – has subscribed £76,336 for 27,262,814 new ordinary shares of 0.1p each in the share capital of the AIM-listed precious metal explorer at a price of 0.28p.

VGH has indicated its intention to buy a 7% minority stake in Eurasia's subsidiary ZAO Kosvinsky Kamen, which owns the West Kytlim project.

If this is not linked to ownership of WK, he would have sold a lot more than 27m. He sold 27.4m.
The discrepancy in the numbers is about 150k.

will be funny tomorrow morning :)

i doubt i will have time to sell elsewhere and buy some more EUA but i'l be trying to top up a few

shorts will be trying to close , buyers will be pressing quote - i may go NT for the first 10 minutes.

with seller done and the oversold factor added a quick bounce back up to 29 before 10am is on the cards me think. I could be wrong. I have been. These MMs are becoming unpredictable by the day.

All the above is without news. EUA might release an RNS just to say the FSP is still on track and progressing and we'll up date in due bla bla...

Bottom line, a director has not sold.
The 40 mil option may go as part of the sale
27 m was tied to WK and may have needed clearing

MM exploited an opportunity today and will have a load of shares to sell @ premium.

another day closer to the big RNS. I did not sell at 42. I will not sell if it goes back to 42. It MMs give us a chance, i will add again below 22.50. GLA

If MM give me half a chance, i have a few shares i'm not happy with and will sell and load up some more EUA shares. I doubt i'll get a chance tho. I think they;ll take it up to mid to late 20s while NT to buy.

DID anyone try to buy before close?
Was it NT to buy?

DimitryReacts

explains why the share price has been held here for ages.

You don't sell 27m shares in a day. I very much doubt the transaction was all sorted yesterday as per the form.

Venus Garden Holdings has subscribed £76,336 for 27,262,814 new ordinary shares of 0.1p each in the share capital of Eurasia Mining at a price of 0.28p.

Eurasia Mining plc (LON:EUA) said Venus Garden Holdings Limited (VGH) is planning a direct equity investment in the West Kytlim gold and platinum mine in Russia.

VGH - owned by Alexei Churakov, who has held positions at Goldman Sachs and Morgan Stanley – has subscribed £76,336 for 27,262,814 new ordinary shares of 0.1p each in the share capital of the AIM-listed precious metal explorer at a price of 0.28p.

VGH has indicated its intention to buy a 7% minority stake in Eurasia's subsidiary ZAO Kosvinsky Kamen, which owns the West Kytlim project. But Eurasia said a there can be no guarantee of a deal.

Russia-focused Eurasia added that Beaufort Securities Limited has raised a further £104,800 before expenses at a price of 0.28p over 37,428,550 new ordinary shares in the group’s issue of equity.

The funds will be used for working capital purposes.

Eurasia Mining plc (LON:EUA) said Venus Garden Holdings Limited (VGH) is planning a direct equity investment in the West Kytlim gold and platinum mine in Russia.

VGH - owned by Alexei Churakov, who has held positions at Goldman Sachs and Morgan Stanley – has subscribed £76,336 for 27,262,814 new ordinary shares of 0.1p each in the share capital of the AIM-listed precious metal explorer at a price of 0.28p.

VGH has indicated its intention to buy a 7% minority stake in Eurasia's subsidiary ZAO Kosvinsky Kamen, which owns the West Kytlim project. But Eurasia said a there can be no guarantee of a deal.

Russia-focused Eurasia added that Beaufort Securities Limited has raised a further £104,800 before expenses at a price of 0.28p over 37,428,550 new ordinary shares in the group’s issue of equity.

The funds will be used for working capital purposes.

Chanatron - I got it from someone that phoned Keith

Gecko - Ignore these idiots.

Mac - interesting. We may see a quick clime up while peeps try to load up more at this cheap price. Further more, seller is out so nothing to hold us back. We'll move up on support.

Apparently Keith does not know about today's RNS and what its done to the share price.

My advice to the BOD, RNS tomorrow at 7am or its possible MM will play games and the SP may drop further.

NOTE: BOD will not sell for less than the placing price imho.

Keith stated Alexie does not work as advisor for EUA anymore. Even if so, i still think he would have first hand info from his best mate DS. I'm really confused about this but it may well be related to the FSP.

I really could not understand why the MMs were intent in keeping the SP at the 29 region even after the FSP RNS. Now we know.

The SP affects the BOD just as much as it does us and nothing changes the fact we have word class assets.

How is he allowed to sell while involved in the FSP? Is there an exception for conflict of interest ?

Whatever it is, the BoD will not sale EUA for less than the placing price of 22p. Well done to those that took 14s. Lets hope for news tomorrow or Friday.

Shocking to see a 50+% drop at one point.