Acacia Mining Share Discussion Threads

[novicetrade68] 26/5/2017 10:45

To compare, when Centerra Gold was threatened with almost imminent nationalisation the shares continued to trade. Would be nice if the Tanzanian government provides ACA with their 'findings' first.

[bigdazzler] 26/5/2017 10:13

The company have made comment and at the moment they are in the laps of the government.

Dangerous times espically with business 100% Tanzania.

[glenkaz] 26/5/2017 09:33

Gl guys! Hope we get news!

[ryeground] 26/5/2017 09:28

Can't see how this pull out of the red today without news... Days traders all over this today - 2 % down - 4% down rinse & repeat

[1corrado] 26/5/2017 09:23

Definitely bleu by the end of the day.

[the_equaliser] 26/5/2017 09:18

no ceiling or bottom till the Co makes a comment

[letmepass] 26/5/2017 09:10

Don't think the bottom has happened far too much uncertainty

[jas0701] 26/5/2017 09:05

Looks like this might be suspended just like CHL if the share price carry on dropping like that.

[guyswonga74] 26/5/2017 08:54

250 was the bottom. Looks like an intraday reversal now. Very bullish

[tsmith2] 26/5/2017 08:42

Looking for sharp intra day reversal here and PFC (coming there)

[glenkaz] 26/5/2017 08:40

💩!

[tsmith2] 26/5/2017 08:20

Silly silly price

[pugugly] 26/5/2017 08:19

FT today Peel Hunt quoted as saying 445p business as usual - ONLY 48p if loses all Tanzanian assets - Pays your money to see - imo.

[1corrado] 26/5/2017 08:09

Open on the red again the company need to make a statement to re assure the market.

[glenkaz] 26/5/2017 08:08

Nasty!! Topi up time! Gla!

[glenkaz] 26/5/2017 07:13

Morning all fingers crossed we go up! I feel this will be sorted can't see Tanzania gov would want bad press as they need companies like Aca to invest!! Maybe a quick resolution as both loosing revenue! Way oversold now so hope to see a rise! Gla!

[glenkaz] 25/5/2017 22:58

Sold some good stocks to have funds tomorow as see a recovery bounce feel bottom now reached Gla!

[fez77] 25/5/2017 22:32

Barrick Gold said on Thursday that two mines at its majority-held Acacia Mining, which account for some 6 percent of Barrick's 2017 production guidance, are impacted by Tanzania's current concentrate export ban.

Barrick, which holds a 63.9-percent stake in Acacia, said that if Acacia needed to revise its 2017 forecast, then Barrick would evaluate any necessary adjustments to its own full-year outlook.

In total, Acacia accounts for approximately 10 percent of Barrick's 2017 gold production guidance of 5.3-5.6 million ounces of gold.

Toronto-based Barrick said its current full-year forecast includes a contribution of 545,000-575,000 ounces of gold from Acacia, at an all-in sustaining production cost of $880-$920 per ounce of gold.

[glenkaz] 25/5/2017 19:51

Be nice to have a blue day! Mr blue day 😃 May I ask are you still in Nudog 🤔 I lost big there! You were and are a nice guy! Me and pj have made up! Hope it comes good for them! Hope quick news here and boom! Ha ha! But wish I got in at your level! I f it helps this is true if ya missed it bought yesterday 360 sold 395!! Bought again near close 320 now 265😁 £20k down after £4K up!! Watching pfc see if it does the same tomorow! Gl mate!🤒

[guyswonga74] 25/5/2017 19:26

Your very welcome glenkaz. Much prefer ftae companies then aim although the volatility of this share makes you think it's an aim share

[glenkaz] 25/5/2017 18:35

Hi mr wonga! 😃 Long time no see! You got in good well done!

[guyswonga74] 25/5/2017 17:43

The drop today and yesterday looks way overdone. I took a position of 15 grand at 260p. Always fearful of catching a falling knife but hopefully I have called this one right Hi Glenkaz. I am sure you will get back to your buy price soon