By Evil Banksta | Sunday 27 February 2022
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.
Tomorrow will be four months since Eurasia Mining (EUA) announced that its supposed “Buyer” had completed due diligence for its supposed asset sale. It’s two years and four months since Eurasia first announced that its assets were up for sale and yet still, shareholders have no idea what assets are for sale, what the sale price is, who the supposed Buyer is or when a sale might complete. Given that Eurasia is mining in Russia it should come as no surprise that its share price has collapsed since my last update – down another 36% since then, a total decline of 64% from the 40.5p share price peak in November 2020.
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