Anglo Asian Mining Share Discussion Threads

[edjge2] 06/1/2017 17:46

jeansey, Dow bumping 20000, anything to do with gold outflows?
Surprised trade is almost nil here.

[el_duderino_7885] 06/1/2017 15:08

To be fair there were 19,000 added due to revisions from prior months that made up for the shortfall this month.

Earning rose so it was fairly positive on the face of it at least. Obviously there are many reasons why it isn't positive like the labour participation rate but that's another story.

Given how much the dollar/yen bounced i'm pleased how well gold has held up.

[jeanesy] 06/1/2017 13:51

Poor non farm payrolls ... should be good for POG .. surprise surprise POG heads lower !

[terropol] 06/1/2017 10:36

Good morning all.
SPANGEL note on possible doings after Mr.Trump takes over....
In all should help gold....

Stronger US dollar if Fed rate hikes harder than expected
US sanctions against dumping of cheap goods by China. The US may sue China for copyright and counterfeiting (see Alibaba censure)
US pre-emptive strike against North Korea to prevent nuclear armament.
US sanctions against Iran, as a favour to Saudi Arabia and Israel.
IPO of Saudi Aramco as a pre-cursor to Saudi support of new US Treasury bond issue.
Russia: removal of sanctions against Russian and Russian individuals.
Israel: more US support for Israel may cause greater resentment for the US within the Middle East
Consequences:

Fund inflows into the US dollar destabilising emerging markets and other regions
Potential currency collapses caused by fund flows
China is already taking action to stem money flows
Trade barriers
Inflation

[jbravo2] 05/1/2017 20:12

Of course schrodinger would have something to say about the fact that you watching the kettle

[deanroberthunt] 05/1/2017 18:21

watched another kettle boil just now.......if a watched kettle never boiled, I'd be having cold Earl Grey....could microwave it I suppose, but would a microwave never micro if I watched it....

just a post evening meal mull.

[zhockey] 05/1/2017 17:09

ADP missed so the NFP is under pressure.

AAZ are drilling throughout the winter so we could get an update at any time.

[el_duderino_7885] 05/1/2017 16:47

Gee $Yen pummelled today and through key support.

Should see $1200 gold soonish. Although jobs report on Friday may slow us down.

Will we see 30p again here soon?

[mattjos] 05/1/2017 16:36

If the Chinese outlaw Bitcoin as a means for funnelling money offshore then that really only leaves Gold & Silver

[scottishfield] 05/1/2017 16:32

Apols for the frivolous post above Mattjos

[mattjos] 05/1/2017 16:31

not a great deal of stock about

[scottishfield] 05/1/2017 16:15

AAZ - A bargain. some kettles too

hxxp://www.which.co.uk/reviews/kettles?source_code=911CRJ&gclid=CK73sZ6zq9ECFUEUGwodT3oD9Q&gclsrc=aw.ds

[terropol] 05/1/2017 16:13

Gold knocking up on Heavens door... time for a cup of tea! Make sure that famous kettle is boiling..... $1200 about to be reached??

[wrighty46] 05/1/2017 15:46

Lovely move on the $ yen now stay down there.

[jbravo2] 05/1/2017 13:58

Yes jbe. I'd say its still a possibility, but I don' t think it's likely anymore.
They look set up to accumulate assets and "own" them rather than let companies like AAZ "own" them.
Makes me wonder the other way. If they'd like to own our assets? For sure they'd get a lot of stuff on a better deal than they got for AIMROC assets. What price would Reza and John be interested in?
So do they want our plant and sites? Chovdar is close enough to benefit from Gedabeks plant for high grade ore.
What's the grade at Chovdar? Is any of it sulphide? No idea.
Do they want any of our expertise with poly metallic ores?
The govt are still signing off on the further development of Gedabek. Are they thinking beyond Gedabek?
Plus of course they could take out a whole load of costs from AAZ at the moment. Another few $m (for example board costs, economies of scale e.g. for cyanide etc etc).

But hey I've been wrong so far!

The bit that constantly underlines the position and reassures me is we are still undervalued. Once the debt picture is officially changed a few more people will realise this is worth a lot more. Debt will continue to fall quickly.

[jeanesy] 05/1/2017 13:19

40k buy at full ask

[jbe81] 05/1/2017 12:55

And you are still expecting a big rise in sp, jbravo, interesting. Stated my opinion a while ago, just don't think others should give up hope, it appears that it could still be a possibility.

[jbravo2] 05/1/2017 12:29

@cannon.. yes I have. I can't see that we will be running Chovdar.

[timberwolf3] 05/1/2017 12:17

I went into a shop and I said, "Can someone sell me a kettle." The bloke said "Kenwood" I said, "Where is he?"

[jbe81] 05/1/2017 12:00

Have been enjoying the kettle chat

[timberwolf3] 05/1/2017 11:47

Don't mention the kettle, it upsets some folk :)

[jbe81] 05/1/2017 11:35

Guess we will get an answer soon, don't think you should give up hope. Kettle starting to boil ;)

[jbe81] 05/1/2017 11:34

Posted this last week re chovdar

[cannonfodd3r] 05/1/2017 11:27

What are people's thoughts on Chovdar currently? Seems to have gone quiet here regarding it, have most given up hope?

Personally I haven't but it's gone very quiet on this front

[mattjos] 05/1/2017 10:53

difficult to know the exact effect on the financials of the currency but, the continued weakening of the Manat over the course of the last 12 months will have helped ameliorate the more recent fall in price of gold.

Should hear about the evaporation plant shortly