Market's view on Eurasia Mining
Published on April 2024
- A stock watcher noted the ongoing geopolitical conflict, implying its potential long-term impact on market stability.
- Observations were made about a company’s stock price increase of 22% in one day, without clear reasons provided.
- Discussions highlighted skepticism about the company’s future with references to it potentially being a bear trap set by market makers.
- Concerns were raised about the sustainability of the company, with predictions about running out of funds by the end of 2024.
- There was mention of a potential asset sale that could impact the company’s cash flow and share value.
- The company’s reliance on placing new shares as a strategy to raise funds was discussed, suggesting a recurring pattern.
- A stock watcher was considering buying more shares, influenced by recent positive regulatory news service announcements and ongoing trading activities.
- Several stock watchers expressed cynicism towards the company’s management and future, using phrases like “the company is doomed” and expecting further decline.
- The potential undervaluation of shares based on market value and the prospect of selling mines were speculated upon to enhance share value.