Anglo Asian Mining Share Discussion Threads

[brasso3] 03/3/2016 21:45

Gold breakout confirmed. :)

[terropol] 03/3/2016 21:39

All good things come to those who wait....

[jeanesy] 03/3/2016 19:04

This is bonkers.. why are we not moving up ..!! Are we not producing any copper or gold?!!!

[jbe81] 03/3/2016 17:54

Gold could move up again tomorrow afternoon, should take 7p out, then 10p will follow

[pixi] 03/3/2016 17:52

Gold is going for it: 1257.40 + 17.90.

[mattjos] 03/3/2016 17:31

seller is sat at 7p for 300k and the buyers at 6.61 .. buyer has been steadily moving up from the 4.5p region but, has still not found any volume in the auctions.
This will start to move, imo, when one of the auctions results in a chunky UT at 7p+ .. until then, the MM's are ensuring it stays here with a wide spread to try and match up the buyer and seller & deter any traders

[timberwolf3] 03/3/2016 17:11

This mkt cap is looking crazy cheap now, mark up in the morning.

[on target] 03/3/2016 15:03

Gold going for gold!

[mattjos] 03/3/2016 09:16

yes, copper creeping ahead on an emerging trend line and looking very positive this year. Other Copper stocks starting to come to life also after a long period of decline.
Gold remaining well bid and looks very much as if it is winding itself up for the break through 1250 in the coming days.
We are well positioned here whichever way the markets decide to move this year with record production on all three metals expected for the full year.

[ferries5] 03/3/2016 09:12

Gold has had its best start to the year since 1980, and is sellng well as a investment.

[pixi] 03/3/2016 08:26

Copper prices are trending up nicely.

[brasso3] 03/3/2016 08:01

2 weeks until the next production update.

[mattjos] 02/3/2016 23:08

The Manat starting to look under pressure once again

[zhockey] 02/3/2016 16:00

Yes it's looking quite robust, I thought we would see a sell off going into the jobs day. Perhaps the longs are more sticky and the hot money is still on the sidelines?

[mattjos] 02/3/2016 14:55

doesn't take much in the markets to see Gold well bid again and straight back to $1,240 today

[zhockey] 01/3/2016 22:17

Jeanesy, I guess that means the Jan production is whatever was reported plus the the floatation output.

[mattjos] 01/3/2016 22:03

the gold & silver concentrate from the flotation process will be contained within the wet copper concentrate.
The value of Gold & Silver contained therein will be netted off the concentrate refining costs.

[jeanesy] 01/3/2016 21:59

The weather is nice and mild as well. There has been no snow lately so hopefully that will help with production. Apparently our production figures were also down because flotation produces gold concentrate which is not part of the dore figures which are given by the government. So Im not too sure what our actual production figure was for jan. Does this make sense to anybody?

[mattjos] 01/3/2016 19:39

We shall see. I'm not yet convinced about things but we seem to be back in the good news is good news and bad news is good news mindset again this week.

Irrespective of all that .. Gold will have averaged near enough $1,200 for February with a decent showing for silver & copper off the lows also.

If the world is magically now fixed, then Copper & Silver should continue to gain. if not Gold will remain strong and also tow up silver.

either way, we are set to beat all prior years production on all 3 of these this year

[zhockey] 01/3/2016 16:40

I think Gold will sell off now before the jobs number on Friday. That will be the crunch point and we should see how much strength this move up really has.

If the jobs number is low I think gold will break out, maybe going up $70 in a session. If the number is good, which is what I expect, then gold will crater, however, the key test will be, does it bounce back? If it does that tells me that there is an under-current of smart money moving into gold, if it doesnt bounce back then we are back to the bear market.

[mattjos] 01/3/2016 14:09

someone is just offering a handful of shares in the auctions to ensure an auction close within the quoted price ie. the buyer does not want the price moving away from him .... that would be my summation from what I've seen.
Meantime he picks up the loose stock from PI's selling out of boredom during the day

[zhockey] 01/3/2016 12:24

Matt,

Personally I'm waiting for friday's job numbers. If the number is big I think this could give the shorts a platform and we'll see how setup the markets really are.

[mattjos] 01/3/2016 12:18

Mkt Cap is once again looking stupid here given the recent pricing of Gold, Silver & Copper & the manat.
Maybe folk are waiting for the $1,250 line to be breached but, the MM's will be doing the same.

[zhockey] 01/3/2016 09:28

That's pretty high, circa 50% yoy.