The whole Eurasia Mining (EUA) story stinks more and more with each day that goes by. Today’s episode started at no-one is watching O’Clock, 6.02 PM, with a statement that begs more questions than it answers. You may remember that on January 27, shares in the company slumped by 40% as it emerged that the company’s high profile boardroom M&A Advisor Alexei Churakov had dumped 27.4 million shares at 29p. That evening, I revealed HERE how Company Secretary Keith Byrne had apparently been reassuring private investors who inhabited a secret Telegram group that this was not an issue as Churakov had left some time ago.
Yesterday, shares in Eurasia Mining (EUA) collapsed, by 50% at one point before closing 40% down at 18p, on news that board advisor Alexei Churakov had dumped 27.4 million shares at 29p. Why do that when a bid is meant to be on the way asked the mug punters? Today there is a statement but it does not wash at all. It fails the smell test.
You would have thought that after the last scandal we exposed, where Zak Mir acted as a good German and posted on the private Telegram chatroom false ramps on the orders of a Eurasia Mining (EUA) director, the company would be a bit more careful about how it discloses information. Think again. Today the shares crashed by 40% as it was announced that M&A director Alexei Chukov dumped 27.4 million shares at 29p. On the “private and secret” Telegram chatroom punters panicked as we showed you HERE.
In this video from the storming success that was the 2017 UK Investor Show, Keith Byrne, geologist for Eurasia Mining (EUA) is at the podium. And make sure that you keep April 21 2018 free for next year's UK Investor Show.