The price of Eurasia Mining (EUA) The sharing price has jumped 43%. Time to buy this part of a pen?

Last year, Penny Assignment Eurasia mine (Lese: EUA) You’ve jumped 43% for the price. But it is still selling less than 3p ownership.

The action of the pricing is not an indication of what can come in the future.

Nevertheless, does it wonder: Should I add an assignment to my portfolio?

Taking a long-term opinion

As a long-term investor, my reaction when I realize that the amazing work of one year is wondering how normal is it – and what if there can change the practice.

For more than five years, the price of sharing died 27%.

Even the number does not include a perfect story, such as the price affected 40P. So some investors today may stay in the highest (or actual paper) loss of 27%.

Catalyst of the past 12 months – including 82% increase from May – it has been a continuous question that loss of Eurasia will be able to load the existing amount of Russians and if so they can find a good price for them.

On the way in the past year, new stocks issued as part of the financial agreement. Given the company’s financial position (cash flow in the first half was £ 1.2m), Identify the risk of continuous dilarohoulder.

So, what is the latest news of the possibility?

It is always waiting and see, with a company that emphasized again and then last year that there is no guarantee of sales in the future.

Investing, not consideration

Here, I think, that’s where the investor not CANTATATOR helps me make a clear, quickly.

Warren Buffett asks (usually, not special eurasia) why one would want to buy an assignment if he is attracted to the idea of ​​all-time.

Eurasia has a market’s capitalization of £ 72m. But the company had no advantage in the first half of the year ago, loses its most important property (Russia) is basically deducted from the Geopolitical Quagmire Darkness where limited, if any.

May I want to buy that company often, can I have alone for £ 72m? No. Not.

So, I want to buy an assignment in EUA at the price of today, or about any price? Also, no.

That does not mean that this cannot be a great opportunity. If Eurasia can upload its property in a good price, I get the share price shoot even when standing right now. Remember that 40p price – A few years ago, consumers and enough stocks that they have seen to happen.

But buying today with uncertainty of property sales is too far away from me.

Trade sponsors and pualators have different foods for me who may do well here (or very bad) sometimes. As an investor, however, I will not join them.