Member Info for Shedulike

I must admit my heart was in my mouth, particularly with that weird 1.8p trade. Not counting any chickens yet though. What's weird is that nothing has changed in terms of the actual information we know about Europa Metals since this board was in absolute despair not so long ago. Funny thing sentiment. Not knocking anyone (except those devious little liars that drop in from time to time) I understand how the SP can undermine your confidence and it's hardly as if we're home and hosed.

Gizz some people are sitting on 100% profit and just aren't here for the ride. I got some at 5p and the ask was showing lower at the time. I think someone mentioned the other day that they bought below 5p. Someone sold 100,000, they may still be holding a bigger chunk for all we know. Given what the JSE is doing you'd think we have to go up here. I just have to admit its beyond me. I can't get a response from EUZ either which is a possible indication that something aint right but that is putting 2&2 together etc. Maybe it is just market forces on JSE and they don't consider it their place to comment - just another day in the weird and wonderful world of EUZ :)

Bricks I still don't understand why those that can haven't in sufficient numbers to equalise the exchanges. If you had the financial muscle you could millions in a day, I still think something can't be working right. Arbitrage plays normally play out on fractional opportunities - this is a chasm, doesn't make any sense.

Ha ha I've been warned! Well it's dropped but hopefully bottomed in the 36's - what do the charts say next David :) I notice gold looked like it was going to hit 2000 in the night.

"(un) able to execute cross border trades" but you guessed. More tea required...

Yep Magic, silver and copper both big players in renewables, zinc in batteries etc. Silver hit US$26/oz in the night came back down but seems to have support well above 24. I really think anything is possible with Ag, nearly hit 50 in 2011 remember.

Sorry war is a bad example now I think about it as the stock exchange would be suspended but hopefully I made the point, just wonder what will happen next? Meet in the middle would be probable I suppose....... or is that too optimistic?

David your posts about charts seem to amount to it might go up if it reaches this level and might go down if it drops to this level. You then come back and claim accolades for being right. Most long term holders of shares rather than cfd's are sitting on decent profits and can comfortably ride out some volatility. We're not worried about margins and leverage so no stress.

Gizz I'm sure the demand is there, one of the few facts we know is that investors have paid those prices on JSE by their own freewill. As I said before I'm no expert on this but have done some limited reading and it is my best guess that in normal circumstances international traders and the mm's would, under normal circumstances exploit any discrepancy between the two exchanges in a heartbeat, bringing about parity. As far as I can tell the only reasons for a sustained period of disparity (other than time differences) would be serious fundamental changes in the economic climate of one country compared to the other, an extreme example being if war broke out in the UK while normal life continued in SA. The fact that there was a big gap which grew in plain site all day long suggests for some reason they have been able to execute cross border trades.

Oh for goodness sake I'm a very occasional poster here, hold a modest amount so have an interest in a good outcome but really one year on and the mystery continues, I thought these assets were irresistible.

I always buy the cheapest peanut butter, but to be fair I only use it for rat catching. On the spread, geddit? (and this might be something Bobby and I agree on so prepare the fanfare) someone bought at 10 and it looks like a sell at 9 so its not as nutty as it appears.

Brikz I'm almost certain something must be broken between London and Johannesburg, maybe some O&G outfit in Algeria have drilled through the cable :) Given the low volume here perhaps the mm's have been unable to settle JSE orders by drawing on LSE stock. Because they are forced to make a market where possible they are competing for a diminishing pool of equity on the JSE, hence a lower rise than expected here and a much bigger one on JSE. If there's anything in my theory (and yes as you've all guessed I'm no expert) could we see alignment somewhere in the middle or perhaps more likely lower from a LSE point of view due to the affect of the problem causing such a distortive rise on JSE? Heaven knows if there's anything in that but something isn't working. I tried the powers that be and haven't heard back - anyone fared better?

Really weird day, I honestly don't know what to expect tomorrow. By the way the posting history is a green box free zone for me now. If anyone wants to stick up for the latest troll feel free but I am 100% certain they were lying about their position and for me that's not presenting a different view it's underhand and deceptive. So as far as I can tell they have disappeared without a trace along with Reasonable, coincidence or not?

If that does happen Cloudstrife wouldn't that have been the appropriate time for Francis' £375,000 bonus. To award that before any value has been given to shareholders was appalling. A very bad message to send to the market, how it got voted through....??

I guess we'll catch up as stock dries up on JSE. Have to admit I'm not up to speed exactly how it works but when another stock of mine listed on the Moscow exchange as well as LSE I enquired with investor relations thinking that the market would be pre-populated with stock but they explained that it is much more fluid than that with a mm fulfilling cross border orders. This is a different situation as there is existing stock on the JSE obviously, so happy to be corrected if anyone out there knows for certain?

So it will go up or down?

Wow silver just leapt from US$23oz to US$24oz in the blink of an eye, these are massive leaps for a metal price which normally moves incrementally. It has now more than doubled from March lows.

Cheers Oil - and CAML have a £296m market cap (CO Follow that CAML hopefully!). I'm just wondering if a share of the spoils will be enough to bring in a partner or would they also want an equity stake in EUZ? It's not something I know anything about. We're obviously going to have to give something away so get access to the cash but I haven't the faintest idea on what basis a deal would be negotiated. I guess JV can work in a number of ways, MC seemed to suggest at the GM that the route we take will depend on latest metallurgy. All getting very interesting.

Blimey who wouldn't want some silver. Interesting re. Zinc, I must admit my head has been turned by the silver but we mustn't forget that zinc is the biggest part of the value of the resource. Going back to silver though it's worth looking at the ten year chart to see why some of the extraordinary predictions aren't unrealistic. I know you favour complete sale Oil but what sort of partnership would you think most likely if it goes that way?

Agreed Mikey silver could quite possibly be the metal of the moment, I've noticed that in daily % terms it is comfortably outperforming gold. It had already recovered well from the CV lows but last week was phenomenal. As well as being simply a precious metal I hadn't realised it had so many industrial uses, green energy and medical being particularly exciting in current times. LR said he's getting a lot of interest from parties not normally focussed on mining investments. I'd prefer an established name to get alongside us as that will instil confidence amongst PI's but perhaps it's more likely to be some sort of private investment entity.