EUC Valuation Outlook/potential, page-59

Interesting exchanges on this thread. My view is that EUC is overvalued and underperforming. Back in January I posted my readons for selling after being in from WMN days: https://hotcopper.com.au/posts/29991524/single

Nothing appears to have changed. Still no update from Lidar survey, or from adit refurb.

Drilling was rebadged as structural investigations once it intersected only narrow veins. Good grades are one aspect, but volume of ore in dumps and good vein widths are the second part of the key to reserve volume.

EUC has still no firm plans for exploration of the mapped veins to the north, or details of longer term exploration program for the $20M CR funds. Also no update as to how winter conditions have delayed or otherwise affected the timing of exploration.

I am still watching EUC for a re-entry (below 0.06) but there is little news flow to provide confidence for SH.

Cheers
BS