|Anglo Asian Mining
||EPS - Basic
||Market Cap (m)
Anglo Asian Share Discussion Threads
Showing 27301 to 27323 of 27325 messages
|I expect an announcement on Ugur soon, just because it's cold doesn't mean they will stop drilling, they will have Russian drillers no doubt using enclosed rigs so won't have stopped. 35 BH's, couple of days per bh, I'd guess it was completed some time back and report is currently being compiled. If there's good gold there they will want to get into it ASAP and not wait till next winter.
It will be out either before Q1 results or with them I suspect|
|they are still trying every trick in the book to stop gold going over the key $1,250 level because everyone can see, technically, how that opens the door for a higher high this year and a subsequent move to $1,300 & beyond.
The weather is now good enough for a resumption (if indeed the winter caused a curtailment) of the exploration at Ugur. The data they did have would have been modelled during the intervening time and given locations for subsequent drills.
The weather now may not be perfect as in the summer but, is good enough for rate of process flows to be back to near normal, even if extraction rates may not yet be optimum.
Pity we don't have a naturally exothermic process.
I often think about what cost-effective measures the company might employ to warm the process but, given the incoming tonnage at external ambient temperature, I cant think of anything :-(|
|It will be nice to get the Q1 numbers (mid April) and see what the target is for 2017 with regards gold, silver and copper. It might be too soon for exploration news as I think that will be in Q3.|
|It's not limited to AAZ. Shanta, Acacia, Randgold and Centamin are all pretty flat. A lot of miners aren't following gold up and haven't been for a while.
It's like investors aren't believing the gold rally will last and not plunging in to miners like last year?
Be nice to punch through 200 dma|
|Bit worrying this is down when gold is rallying.|
|Dollar yen has broken key support at around 111!
Plus the Trump narrative trade seems to be collapsing.
Dollar index also breaking down.
This move in gold in the next fed months should see us re-test gold's highs of last year of around $1,380.
Should we go higher than that we'll have had higher lows and higher highs and a new gold bull market looks like a strong possibility.|
Doesnt look like Azergold will be doing anything themselves.|
Interesting article, nothing to do with AAZ but very relevant after Trump lost the healthcare vote|
|Interesting chart showing US debt, US debt limit and price of gold.
|They will dump hard on gold to stop it breaking 1250|
|Gold moving higher, should see some more buying here|
|Well done Matt.
Now lets all look forward to the spring production and hopefully brilliant drilling news.|
|I saw straight through it Matt personally but increased my holding massively thanks to you driving an anticipated dip even lower! Assuming you sold before your announcement at between 25-27p and got back in dub 20 I'd be happy, well I am, just dont hold as much as you!|
|You are a good egg after all Matt, all is forgiven.
You are right about anxiety, it can drive you nuts, literally.|
|:-) ... after this week, no time for a relapse jbe. I've got to fit in several European road trips & Middle East and longer haul trips.|
|understandable Matt. Lets hope AAZ rerates before you have a relapse.|
|I have even just tried to vote down one of my earlier posts but, it seems one cannot vote ones own posts here.
Bumpa .. sadly, being a co. director does not prevent one from being prone to the same emotions as any other human being. Analysis has shown that if anything, entrepreneurs & owner/managers are more insecure than the average ... its that insecurity that in part drives such people to be the driving force in growing companies as nothing is ever good enough, so to speak. lets not forget that Reza is just as likely to be prone to this dynamic also. In his case, he's got 3.9m additional reasons to worry at nights!
anyway, hopefully I can be forgiven and/or ignored and things move on from here.|
|ok guys ... mea culpa.
a thousand pardons. I had a 'wobble' as it were, in part from frustration with perpetual lack of newsflow from the company & in part due to pressures of work.
Plenty of trading advice suggests one should always cut a position size if it's causing one anxiety. I probably did not accurately identify the cause(s) of the anxiety.
Have recovered a large part of my sold position & actually, looking at it, any gains are pretty paltry given the size, cost and value of the overall position.
No one's perfect are they?|
|Cheers bumpa, does look one of the easiest companies to deal with.|
|Sorry, but have to agree with redtrend, zhockey etc.
Pretty poor form Mattjos but then I guess you aren't daft (seeing as how you're a company director etc) and you know the stock is illiquid, hence the effect of any selling (and a sudden 180 u-turn) can be exaggerated.
Just another example of how this company needs better communication, far stronger PR, far better liquidity and hence less chance of anyone thinking they can exert short term influence over the share price|
|Wrighty46 - hxxp://www.bullionrock.com (Formerly Guernseymint)|