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Breaking: Eurasia Mining ‘fesses (sort of) on Churakov departure but what about Keith Byrne apparently leaking price-sensitive news?

By Tom Winnifrith, The Sheriff of AIM | Wednesday 3 February 2021


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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.

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