What to expect in the Stock Market over the next few weeks

The stock market was the centre of mass media coverage last week with GameStop shares frenzy. We at Bull & Bear strongly believe that this coverage has encouraged a mass of new, keen investors into the stock market. For the honest and willing new investors, we welcome you. But the actions and the media coverage have also disrupted the normal trends and trust that a stock market required in order to gain momentum. We were all reminded as to how volatile and unpredictable stock trading can be.

Almost all of our watchlist suffered losses and we hope that, as the dust begins to settle, trust can be restored and our shares can once again increase to their rightful value. What we can expect is a thorough investigation into the morality of short-selling and potentially changes made to the trading market as we know it. 

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Here are a few highlights from our watchlist that would like to share with you:

 Eurasia Mining PLC (LON:EUA)

Eurasia took a nose dive to £0.15p on Wednesday 27th January 2021 as Alexei Churakov sold 27,400,000 ordinary shares to 'cover an urgent and critical cash call'. Eurasia managed to creep back up and settle at £0.24 to end the week. 

Eurasia confirm that the Company and the team of professional advisors continue to work on the Formal Sale Process and the operations are ongoing with the DFS for West Kytlim which was recently approved on 21st January 2021. 

The development of the sale of Eurasia Mining has been kept secret due to a non-disclosure order which has made it incredibly difficult to obtain facts, resulting in a multitude of rumours that cannot be fully substantiated, but we all hope that sale is concluded sometime soon and for the respective appropriate price.

Thor Mining (LON:THR)

Thor Mining have published the Quarterly Report October - December 2020 and it makes a very interesting read. They have also highlighted the next steps they expect to conclude in Q1 of 2021. Thor is expected to be releasing a large quantity of updates during Q1 regarding the drilling programmes, ISR test work and securing project investments. 

Bull & Bear's presentation on Thor Mining explains the concept of In Situ Recovery and the benefits it has in comparison to the standard mining methods. 

Rambler Mining & Metals (LON:RMM)

Rambler closed the week at a low £0.335 despite the Copper Production Results issued on 26th January 2021. Rambler boasts about being able to remain operational during the COVID-19 pandemic due to robust measures in place to identify and manage any occurrences of infection.

Rambler have been very quiet recently on the news front but we are yet to see confirmation that the proposed transaction involving the sale of the Nugget Pond Gold Plant is concluded. We are expecting this to be concluded during Q1 of 2021. The sale of the Nugget Pond Gold Plant will provide Rambler with US$2.0m cash and C£0.5m in common shares of Maritime Resources Corp.

Argo Blockchain LTD (LON:ARB)

Argo Blockchain announced that 1295 new mining machines were in production on Friday 29th January 2021. The RNS expressed the Company's intentions and a further 10,000 new machines are on order and are expected to be delivered during Q1 and Q2 of 2021. 
Collectively, these additional machines will raise Argo Blockchain's mining power to 1,685 petahash!
Bitcoin saw a brief 16.14% increase on Friday and this can only mean good news for the company who are mining it!

We are keen to see the developments with Argo Blockchain as the year continues.

Eddie Stobart Logistics Plc (LON:ESL)

We are awaiting the time that Eddie Stobart Logistics Plc is renamed to "Logistics Development Group Plc" We know that this is expected to happen before February 28th 2021. This move is to represent a change in business strategy and delineate from the Eddie Stobart business. We are expecting this change to be represented in the media with mass coverage. 

I would expect Logistics Development Group to use this opportunity to announce further business opportunities and strategies in order to create firm foundations for the renamed Company to progress forward.

Not to be confused with Stobart Group (LON:STOB) who are also changing their name to "Eskew Limited", as we understand, for a similar reason. 

Bull & Bear Invest Channel are not liable for any losses incurred for actions taken based on the content written. Although the greatest care is given to ensure that accurate data is provided, you must always conduct your own research when investing.