Anglo Asian Mining Share Discussion Threads

[pixi] 06/10/2016 17:04

You can only buy little bits at a time, they flat refuse to sell you anything over 50,000. It took me a while to get 100,000.

[mattjos] 06/10/2016 15:20

that 230k block at 20p has not appeared in the auction since it was bought yesterday

[zhockey] 06/10/2016 14:59

Theres been a few big buys but could just be someone with deep pockets who has discovered AAZ. I don't think it infers news is on the way.

[celeritas] 06/10/2016 14:32

Positives look to be a good update, drilling update and resource, new licence or even a takeover should Mr Vaziri decide to take life easy.

[gutterhead] 06/10/2016 14:25

Mental spread 17.5/19p to buy
Was looking to add more....

[jbravo2] 06/10/2016 11:57

Not sure zhockey. There's another 100k today that is a buy.

Oh and steer clear of Atalaya IMO (I too still pop in on that occasionally and saw your post)... I moved out of that basket when the PSOE won the local election back in 2012 or something like that. A good decision as it since got carved up and now the companies with the off take deals will run it to suit their, not wider shareholders, interests.

[zhockey] 06/10/2016 11:30

Is the new buyer done for now?

[terropol] 06/10/2016 09:53

Correct, jbravo2!

[jbravo2] 05/10/2016 22:13

Oh yes, sorry matt, I'm sure it was only the uninformed who thought it was likely to go bust.
It was always an outside possibility but only that. I guess I had the "good fortune" (or put in the effort) to have ensured I met with Reza as often as possible.
It is those meetings that convinced me it was a sound business with a possibly fabulous future. Sure he's an optimistic CEO who over promises sometimes but with time You get used to that and you can see through it with careful consideration. Above all though it was clear he had a realistic vision of the development of the company for the future.
Granted the signs were always there for others, none bigger than Reza's loan to the company.
It was then down to the appetite for risk as to whether one bought with relish at 5p or not. Like hedgehog I'm also grateful to bash, I love my hundreds of thousands at 5p and they have ensured my break even is far gone, no hindsight needed.

Ultimately though, as I guess most of us believe, anyone getting in here will win big. If I didn't believe that I'd be selling and I'm not. No way. Not one share.

Lovely, lovely. Rock on AAZ

[mattjos] 05/10/2016 21:39

really delightful long term chart developing :-)


free stock charts from uk.advfn.com

[csmwssk12hu] 05/10/2016 20:38

I have loaded up at 16 and will add next when it clears 20 at the moment its stuck between 14 and 20 I didn't know about it at 5 if I did I would have bought everything as anyone else would with hindsight

[hedgehog33] 05/10/2016 20:22

I like Mr Bashirov, he helped me average down so much I'm now nearly showing an AAZ profit. However, I'm still not selling anything here for a very long while yet. Need to get back on an even footing 'as was' before Bash skewered the market.

[bumpa33] 05/10/2016 20:07

broken downward or spiked down? There are too many black swans lurking out there that gold should, I stress should, move way in advance of $1400 in time. Yesterday's move looked like an orchestrated slap down on spot imo. NFP's alone this week could reverse that move in a flash. Would be interesting to see the LBMA and Comex data...

[jeanesy] 05/10/2016 19:23

Good to see a move up despite the POG . News on drilling is my bet for the reason we have moved up . Many on here said we were foolish that we hedged our gold price. Its not looking quite so foolish now. I still dont buy gold reaching above 1400. It has been stuck in a narrow channel for a longtime but has now broken downward.

[mattjos] 05/10/2016 19:17

The casual observer may have deduced it was going bust but, surely no one even slightly familiar with the company could have reached that conclusion.For the last time of saying, for any new investors ... the only reason the share price became so depressed was the forced selling by Mr. Bashirov who, by all accounts, gig hi self in a pickle financially & need to sell up.Couple that fact with, from a TA perspective, an unfilled acceleration gap just sub 4p.Bashirov is gone, the gap is filled, the debt is coming down fast & the company has been very, very clear on its intent to broaden its assets base.No reason why this should not revert to where it was when Bashirov started selling .. there has been no intervening equity dilution.

[jbravo2] 05/10/2016 18:32

...and 12 months at 5p, but that isn't a lot of help to anyone now.
Plenty of people thought this was going bust, now it is clear it's turning into a money making machine instead so they want in now.

[hedgehog33] 05/10/2016 18:05

... and 18 months to load up sub 10p

[zhockey] 05/10/2016 16:56

You had a month to load up at 15p?

[csmwssk12hu] 05/10/2016 16:49

I think there is something big news wise but just want to have a bit of certainty on the 20p I think once it crosses 20p it will move quickly higher until then I'll buy on any dips down to 15p as its stuck between 14p and 20p, if it crosses 20p on no news I'll buy as that will signal the end of a shakeout for me , if there is big news this month I may not get my chance as if it's released while at these levels I think it will move up to 34p very quick imho dyor

[celeritas] 05/10/2016 16:42

Usual moves for someone acquiring. Move it up then look for a few weaker holders to bail, hopefully for them it becomes self full filling and a few more bail.

I do wonder what is going on behind the scenes, Chovdar? new licence?

[mattmcdowell] 05/10/2016 16:39

Well I sold. Spent to long in the red so I hit my target today and got out for a breather. Will buy back on a dip!

[zhockey] 05/10/2016 16:35

So who is buying and why now?

[zhockey] 05/10/2016 16:21

On the flip side a lot will be waiting for 20 on the bid

[mattjos] 05/10/2016 16:17

I suspect csmwss that there are a crowd of folk with the same idea & the MM's know that also.
Round number psychology usually provide temporary barriers such as the 20p level here.
MM's will be wanting to try and shake as many out as they can before it crosses the 20p mark, else the inevitable buying pressure, once it crosses, will leave them very short on the stock.
Be interesting how they play it from here on