focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Here we go again, they've all turned up at the same point, almost like they are watching this board day and night and look to pounce at any opportunity.
The same individuals, whether its here or on ADVFN, keep posting the same accusations over and over again, why don't they let it play out so they can be proven right?
Almost like they are fearful... don't you think?
From the Takeover Panel website - 'The following is a brief summary of some of the most important Rules:'
- 'Misleading, inaccurate or unsubstantiated statements made in documents or to the media must be publicly corrected immediately.'
RNS - 14/01/2021
'Eurasia Mining Plc ("Eurasia" or the "Company"), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to provide an update on the Formal Sale Process initiated by the Company under the UK Takeover Code.
Since launching the Formal Sale Process on 1 July 2020, Eurasia and its advisers have engaged with a wide range of parties, and have to date received non-binding offers in respect of both a possible acquisition of the Company as well as other transaction structures.
'Progress to date has been slower than expected reflecting the complexity of the process, involving several parties and structures, as well as external factors including COVID-19 related travel restrictions, and more recently delays resulting from western and Russian holiday periods. Notwithstanding these factors, discussions regarding proceeding to binding proposals are continuing. Until a transaction is finally concluded there can be no certainty that a transaction will occur or on what terms.'
Decide for yourselves. :)
Isn't that just Calamari being Calamari, he flip-flops between all the popular shares when there is suddenly a buying opportunity or when there is a massive rise, seen him trolling SYME a little while back and on ARB too, guess GGP is his next target.
The problem with the 10% mentality is usually traders get excited, want more and get a bit greedy and suddenly all the gains you made have suddenly been wiped away.
I know because when I first started on the markets I used to do the same, I thought that I'm going to be this amazing trader who goes from share to share, then reality hits.
You could argue that there is always a pullback from a meteoric rise before the next leg up, which now glaringly the signs are quite obvious and going forward I would take those lessons. So maybe the strategy going forward in future shares will be to sell the lot whilst volume is high and buy back as volume drops off, but you have to be firm in your disicpline not to buy back out of FOMO.
EUA, it's a different story because of the FSP, no point having waited all this time, to then sell out for a quick trade and miss out on the FSP, it may be weeks, may be another month or two, could be tomorrow, but I'd just prefer to play it safe at the moment on what seems (in my personal belief) a 99.9% guaranteed profit to come.
GGP will be at an excellent entry point soon, a conclusion here will mean a lot of funds heading straight into GGP, the timing may just be absolutley perfect for those of us looking to take a position.
Smartest thing GGP holders could do now is hold, it may drop further but at some point it will fly past 20p, the last thing you want to do is sell at 17-18p and see it fly back up to 25p.
Hindsight is wonderful just like it was here, if everyone had a crystal ball, you'd sell EUA at 44p and GGP 37p and buy back at these levels, the game doesn't work like that unfortunately.
Feel like even if there was no sale at this moment, someone would come back in again in a few months to try and acquire the assets, especially if the metals keep growing, so eventually it would get sold off anyway.
That's just one of many reasons why I'm 99% of a deal happening now, interested parties will want to secure the basket now, if you delay, the competition and price down the line will become messy whilst EUA continue to secure further licences.
The patronising and egotistical attitude eminating from you silversun is enough to give this whole board a run for their money.
The utter lack of ability to justify a single argument you have made in the past few weeks speaks volumes on your character.
That, is unbelievable.
'The UT is the result of the closing auction held by the Exchange itself!'
That's the thing, who in their right mind is wanting their trade executed at such a price that they are immediately at a loss the next day, it can't be a coincidence every single day.
I assume by marking up the UT falsely everyday, it allows them to keep us in the red everyday and widen the perceived spread, the question is, what is the reason?
Can't really disguise the big buys anymore, they are there for everyone to see, and volume is way too low for a leak.
Indeed, but as is the way with share trading during these times, scaremongering is rife and all it takes is clever phrasing of some buzzwords and figures to make it sound legitimate, in the same way as did Rowka in that sense.
Fortunately, that doesn't change the evergrowing value of what is in our basket and the quality of advisors we have at the table to maximise shareholder value.
DORE yeah, but that PAAT character on ADVFN seems intent on running with this same rhetoric about NN scooping up the mining licence in 2038.
I remember he tried the same here last year but got stomped out pretty quickly so he disappeared, it seems to be the way for all of the little rats to try and spread fear over there after failing here.
Psychological barrier, remember it was stuck at the placing price for ages last year, then it was stuck at the 28p range after the MT Flanks RNS, then we were stuck at 30p for so long.
With the large amount of traders, as soon as the share price hits that 'psychological' barrier they sell, only FSP news can move it at the moment.
Wouldn't be surprised if BR clients opened another later, it's almost like they can't decide whether they want to be short, they see the price drop a little but then they are fearful and close it the next day.
If you see the latest shorts that were opened, they were opened at 25/26p and then closed at 29p, bit of a stupid move but then we know how stupid shorters can be here don't we...
Don't really see it being worth the risk to short for a 1-2p movement at this stage.
Likely to be working on a smooth handover process behind the scenes.
The bottom line is there is only one reason to be remaining in an FSP and retaining the advisors for this long, there is no logical reason for a company to hault key updates to investors for so long, and not trigger the deal to develop their flagship asset unless something else was happening with it, maybe, just maybe, it is being sold?
Can't believe I gave Billions the benefit of the doubt to think he was here for a genuine and sensible debate.
Did you really just compare us to Sirius Minerals?
The lack of basic, BASIC market fundemental analysis is disturbing and just highlights the agenda behind the poster.
I think its a good lesson not just for this investment but for any future investments.
The market is a dirty place out there and the share price doesn't always assosicate with real value until further down the line, saw a video on PEEL this morning which was quite interesting.
> https://twitter.com/profitseeker68/status/1372965354432045060
We all might be a little bored at the moment and the wait has been very long, but in hindsight the lessons we may have learnt here may end up being the base for our future profits elsewhere.
Bottom line is do your research, buy cheap, and add on the dips whilst the rest of the market is fearful or chases rainbows, but most of all, use your common sense, its the winning formula time and time again, just ask anyone who has made real money over the last few years.
It is a massive risk but some people seem willing to take that risk.
Me personally, I'm not willing to take that risk this late in the process, imagine you have been here for this long waiting, got impatient and then the next morning you've missed the conclusion of the FSP.
This is the biggest problem this share has, it is infested with an incredible amount of traders, it's got nothing to do with anything apart from the fact that they all believe in an hour or two they can buy back cheaper, and maybe the belief of some leak prior to any deal so the assumption that there is still time to get back in.