Eurasia Mining

I was excited about SA purely because I felt investors could
relate to it easier,and that EUA being free of the news handcuffs often placed
by big partners,would be able to keep us updated.
Alas,Doornbosch took too long(not managements fault)and regrettably the luck ran out with initial somewhat uninspiring results from Kliprivier,so Christian
has bitten the bullet,grabbed some cash and goes for what he believes is right.

Hipshot is right in most ways,and I`ve often wondered about his motives or
investment style,I would guess he trades the peaks and troughs...however.......

With a high risk high reward stock like EUA you always know it could be boringly frustrating,massively diluting ,and possibly many decisions of whether to invest more money when things dont quite go your way,and some
of these such stocks never will.
However,for such events and time and assuming the stock eventually comes good
you expect a huge return.That hasn`t happened with EUA because so much has
washed under the bridge with no decisive events,and no "obvious" focus prior to
new management.
So long termers have achieved nothing-no price advantage-no hidden knowledge-no discernable profit,and in truth for many,not much less than a total turnaround will ever see them at break even.

It is rarely sensible to average down,as you could simply be throwing more and more money away,so the decision always has to be based on WHY?

Christian got me very excited with his enthusiasm,and most particularly his view that Kola will be a Company maker.Dont forget we have some large shrewd investors that liked what they initially heard.

Plus with much going on,lets not forget what we have been kept in the dark about for so long-the Amplats deal.Assuming we do get the trial mining
this summer-fingers crossed-that should be the beginning of something truly exciting.

Does Christian have another deal for us?


Whilst I threatened to sell my shares I was convinced to hold,I bought a lot more,and will give it one last year(again).

Down,but by no means out,and lets face it the current mkt cap virtually values
this at mere start-up levels, so to consider that positive news will move it higher is not exactly genius,its whether there is sufficient good news for
investors to be convinced that EUA is going to become something worthwhile
..and for me worthwhile means minimum 15 times its current Mkt Cap within 3 years and if the signs are not there by next December I`ll be out.