Anglesey Mining Share Discussion Threads

[rajaster] 29/11/2013 22:47

ive bought a tablet but will look at jl as may get another. I wanted to also say to you in regards to your son, I pray he's getting better as i'd totally forgotten about it till you mentioned it earlier. I know how much it can affect you when a loved one isnt well. enjoy your weekend everyone and catch you on monday.

[laserdisc] 29/11/2013 18:36

rajaster John lewis are matching black friday sale items. Advantage with that is jl have excellent service & extended guarantee periods for 2 yrs they offer
offer a minimum 2-year guarantee on electricals and technology

[laserdisc] 29/11/2013 18:33

Thanks bodgit, the canadian minister dealing with objections on the Gill comes to a decision today or yesterday , its normal for a decision to take time for release so i would say it would be released
week commencing 16th December 2013.
Another factor re lim is the strength of canadian dollar of late $1.78 this should weaken over the coming months so that will only be a slight benefit to aym but it will be heading in right direction for us here

[bodgit] 29/11/2013 18:00

laserdisc, best wishes for your Spanish trip. I can only hope that AYM brings some sunshine into investors' lives sometime soon. Good luck all.

[laserdisc] 29/11/2013 17:49

yes it was a bit unusual how management came across, but saying that jk was confident that this last 1/4 results would improve on the previous 1/4 's whether that was so is hard to believe for me. Anyhow lim breaks out from support level this evg showing 23.5c .
Have a good weekend bit of sky football on tomorow Newcastle 5pm dont know whats on Sunday but a few beers & nice meal will do me , if anyone has had a bad day the wine is cheap in tesco 1/2 price with further 25% off instore when buying any 6 bottles , picked up a good south african red
and if you wish to buy on line same offer with free delivery but you have to buy 12 bottles ie 2 cases

[mcmather] 29/11/2013 17:19

laser, I'm still stunned by the relaxed and care free manner of the management at the last webcast.

Agree that the assets are, at face value, clearly worth quite a bit which provides me with some reassurance.

However, there was also reference to TATA requiring use of their own trains (which LIM are currently using) this coming year which will no doubt complicate matters somewhat for LIM next year with the perennial stuff re costs / price of ore / competence of the management / etc.

They did allude to costs basically being as low as they had been at the time of the webcast and seemed quite happy with themselves about this. There does appear to be a business here.

Just concerned in terms of whether all is being lined up to be swallowed by TATA?? If I was presiding over LIM, I wouldn't have come across in the manner that the management did in that last webcast unless I was fairly confident about how things would play out. Even then.....

[laserdisc] 29/11/2013 17:00

mcmather what you reckon ? i don't see lim actually going bust

[mcmather] 29/11/2013 16:58

abergele, looks like LIM might have been behind you at the quacks!

[laserdisc] 29/11/2013 16:58

yes 4.09 to buy i will not be posting much here off for a bit of quiet sunshine, but not to dubai capt nearer home southern spain should be ok about 60/65 very reasonable priced at this time will be back for xmas but will be very low key for us ,not a happy time for us but have to look after the family bit like you in the past, parent geeting old now 90.. that flu jab very good doctors gave it all the family last year when looking after our son , never had a cold since , would recomend

[abergele] 29/11/2013 16:21

Laser,
going for the flu jab tomorrow,this share could do with one as well..
had to take a few more,daft or what,had'nt bought at this level since gowd knows when,3,4-5 years ago.

[laserdisc] 29/11/2013 15:32

we all have had fun with these shares over the years the adrenalin it gives me is great , anyhow good luck with your investments
i have this link in my favs for deals & codes

[rajaster] 29/11/2013 15:27

I got burnt losing 80% there :(, buying it on a recommendation by a few on mystockbuddy, paid £1.20s.. one of my biggest losses, big hit.

As for blinkx i missed that one too, should have piled in but was influenced by the neg comments on the board, was still a novice back then.

My biggest losers CHL/SLME/OXS/XEL if not for them i'd be up about 400% right now. As for zengas he's in SAC I think. I sold that one, dilution was a killer still could be prospective but not at the current price?

lessons never touch an org using yorkville or another similar funding org, and if short of cash stay away. if management are promising things not delivering or earning large wages for little return then walk away(could say that here really).

anyway black friday:


tried to bag a few deals today inc a new tablet for the mrs, been fun.

[laserdisc] 29/11/2013 14:25

yes i think 7 inst short on petro so that link does influence me, lek 38p i always followzengas when it comes to oilers , i missed blinx 2 years ago i was following when it was dirt cheap, think andy laws who used to post here was in that, i sold some of my zanga at 22p orinally in 13p before glencore update, i am keeping powder dry there & watching , i hope the guys that got left in chl get something back , i was very very lucky there for 15k bailed at 98p before they lost licences etc , also was lucky on that russian oiler urals got a letter off a makimov back in 2009 when suspended luckily it was re listed, I have had good times & bad rbs prime example bought in £2-40 1995 went to £20 in 2000 then downward spiral with the crash rights issues etc finally bailed at £8 think 2008 on ledskiers advice never committed to rights issue management received there dues but i am not sure think they may have retained their massive pensions

[rajaster] 29/11/2013 14:21

not surprised by the way to see 6% shorts on POG, shorters are going to get burnt big time eventually.

[rajaster] 29/11/2013 14:20

lek chart looks amazing, what price did you pay(well done). SMB at the current price looks decent(still very risky don't be in too heavy). The larger caps you cant go wrong value always outs. I don't invest in overseas stocks for the reasons you mention, exchange rates make it a none starter else i'd be in SMB. Zioc also looks good at 15p and chart is showing that it may be ready for a new push up(but could easily retrace further or hold around the current area, i don't know its news flow).
Theres many many that have been range bound for the last 3 years e.g. tym from 5-10p missed the last buy there. SXX i did well twice from 6p-20p+ And ready to buy again there. But cash resources limited whilst I wait for the bigger orgs to move up a bit higher.

I have a friend who never sells orgs but buys £50 in a small account every month using halifax. he bought QFI 2 years ago at around 4p and is now 1000% up but out of 18 orgs he owns hes only up on this one. previously he did similarly on GGG and a few others. Who knows what an org can be worth in time, but certainly cant do that with most mining orgs although i'd love to seem emed go from 6p-60p one day.

[laserdisc] 29/11/2013 10:19

i am in lek, zioc, smb at present, along with a few others thorntons bt sty ,rbs,& of course AYM in a short space of time i sold my lim at 43c & re invested here thought it was safer here lost out on that one & with the $ exchange rate brokers give you you are down before you start, i have done well on lek i sold some zanga & may top up again. i dont mind waiting for any inv to come ripe, on a lot of these once they spike they then drop back to consolidate, timing as always being the key
link for shorts may be of use to some aym below the 0.05% so not shown

[rajaster] 29/11/2013 08:37

its probably whats holding the price down. ie fill orders at current lows by the likes of morgan stanley. may sound silly but they control the market and as capt says its weighted against us little uns.capt. i had a few million ecr but sold out as its over valued even at £12 million. on paper the only current difference is cash and itogen but note the number of shares. i was just happy I got my money back with 20% profit. I made money on oilies in 2010-2011 but since we have seem how they have fared. I really have fallen out of love with most miners and have a list of goldies like mwa aaz shg cey abg etc who are all producing that im buying slowly and emed for rio tinto mine approvals. Ge

[laserdisc] 28/11/2013 18:28

poster on stockhouse also reports morgan stanley buying
My online trading platform (TMX PowerStream) reports that Morgan Stanley bought recently 900,000 shares in 806 transactions for $193,375.00; average volume weighted price is $0.215.

[captj] 28/11/2013 17:16

Raj - hold a few million ecr and think that one isn't that far of turn around. Been buying solg since 2p but averaging down there and marl at 1p but got stopped out at 7.5p so as you say some you win some you lose but this is further down the road than most being as LIM is a producer they just need IO to not fall back get costs down and possible tie in further with TATA, maybe an IO cooperative but one with out the crooks. Very frustrating when you see potential unfulfilled and markets are heavily loaded against the little guy.

[rajaster] 27/11/2013 12:16

havenpoint/captj/laser, i'm also not confident in the management and i've never spoken to bill, i've had a lot of contact with the management in other orgs but since I have formed the view that most AIM management will always bs through their teeth and the only thing worth noting is if they deliver the goods. e.g. i spoke to Paul Johnson in manchester over the summer and so far he's delivered what he has said he would do, ecr is now overvalued but I can't blame management for that. I usually know a liar when I see one.

I'd be interested to have a good chat with Bill, but i'm usually very direct and say it how it is and one or two have come under scathing personal attacks by me when I've spoken to them for their behavior as taking high wages.

Have any of you questioned Bill regarding parys delays and the LIM share price destruction?

my money in this is simply a trade, I don't see AYM as a viable investment due primarily to the reasons we have discussed. I do trade/invest in orgs that are on paper significantly below their true value, but with AYM i have to say it is negligible advise as on paper its only worth what someones willing to pay for it and the current price reflects the risks regarding management etc.

I still dont think this is valued correctly e.g. it could fall more yet esp if LIM delists or goes bust, but at the same time it could easily recover on slightly positive news as it is that time of the year and further it is oversold now, we take risks with orgs like this, sometimes they pay off handsomely other times they don't, just don't make this your only egg.

[havenpoint] 27/11/2013 10:48

I have been continually topping up but also bought in at a much higher share price so any additional purchase would result in averaging down of my share price. Again, I would need some reassurance that we will reverse the recent downward trend.

[laserdisc] 27/11/2013 08:51

hi capt i am a bit behind you but another £8k at the right price would bring me to 1m i will just wait to see what newsflow, i can wait & will do. bh bought some at 8p earlier in year perhaps he will double up to average down

[captj] 27/11/2013 08:46

Hi laser - still holding 900k and had intended to go to the million and stop but held back as been a lot of opportunities lately. May still top up but not until they convince me they are doing something positive or buy shares themselves to support the stock.

[laserdisc] 26/11/2013 20:42

Mines & Money


AYM AT STAND A33
December 1-5, 2013
Business Design Centre
London

Firstly we need confirmation that Bill is manning the stand, or Mr Varma but i have a feeling he is in Canada

If so would any posters in London be attending?
If so maybe kindly give some feedback here , in the past Rivaldo or Chipperfield sometimes attend these type of events,

on the website says you can get hold of complimentary pass
[e-mail];