Anglesey Mining Share Discussion Threads

[spacedust] 19/12/2023 10:56

Pyc was pumped and dumped from 1p all the way to 32p all in 4 days of trading a few yrs ago

[j5thumbs] 19/12/2023 10:47

Having said that, I’m still hanging onto my AYM shares - it is starting to get interesting.

[j5thumbs] 19/12/2023 10:45

Pump and dump could never happen amongst small cap miners. Mining bosses have always upheld the highest ethical standards known to humankind, and the expression ‘salting a mine’ is actually a culinary reference to Jamie Oliver’s seminal “Cooking with Unexploded Ordinance”. So there !

[mininglamp] 19/12/2023 07:56

It looks to me a genuine re-rate is ongoing following the analyst visit and the high grade drill cores on site that are due to be RNS'ed in the next month following lab results.

Every man and his dog knows AYM's projects are worth many many multiples of the current £7m m/cap but it now appears the company is starting to get it's act together after a long period of being dormant.

I think the share price will continue to appreciate, it was happily trading in the 3p/4p range before the ill fated move to AIM and JB did shareholders no favours with low priced placings, it now looks like the company may seek project level finance instead or some other non dilutive route.

This is most definitely not a time to be out of the stock IMO.

[kooba] 19/12/2023 07:28

The idea of a "pump and dump" is that vested interests normally spread false rumours dragging in retail and then dump on the poor unsuspecting retail hoping for a quick buck.It is a set up by professional operators. Nothing here remotely looks like that.The term is used far too often and out of context on these boards by folks who maybe don't understand how the markets work. The shares here are drawing attention on real progress and announced positives , there has been a fair bit of news flow with more to follow that so far indicates the value of a key asset Parys is worth far ahead of the current PEA suggests and the strong economics of the project are likely to be even stronger. Investors are buying in on emerging facts not on any pump.

[calmtrader] 19/12/2023 07:13

Who's doing the pumping..haven't seen any

[kooba] 19/12/2023 06:27

Think most investors have been following Swedish green steel and commenting for quite a while. Whilst this might have some bearing in the future of our Grangesberg asset is not involved in any way as of yet. Our sub surface "caverns" are flooded..but they are looking are electricity storage post further mining which is interesting.One of the issues of the green steel revolution is getting high grade iron ore..the current green steel project in Northern Sweden has sourced this from abroad i believe which is hardly green due to transit carbon footprint which does mean that more local brownfield mines such as Grangesberg could be more attractive to get back up and running.Electricity storage at Grangesberghttps://www.minestorage.com/mine-storage-and-anglesey-mining-to-investigate-potential-for-energy-storage-at-the-grangesberg-mine/

[benjamin15] 19/12/2023 06:02

Space dust
I had been saying pump then dump and then probably another share issue but I was shot down🤔

[hyperal] 19/12/2023 00:26

Hopefully AYM investors will follow this ADVFN AYM thread now.
From my recent post on another investment chat channel
"Hydrogen at Grängesberg 18 Dec 2023 23:55
Hybrit - " SSAB, LKAB and Vattenfall are making a unique joint effort to change the Swedish iron and steel industry fundamentally. Under the name HYBRIT, we are working together to develop the first fossil-free steel." " Much of the research and development of this is taking place at the old caverns at Grängesberg, but I don't know if AYM has a share in these caverns. LKAB own the Kiruna iron mine.

[spacedust] 18/12/2023 20:28

Or pump then dump.

[benjamin15] 18/12/2023 16:36

All the big sales are getting mopped up, wonder if the 1mil buys are being unloaded as 250k? Seems someone wants to fill their boots...

[wisteria2] 18/12/2023 16:25

What's with the 250k trades ? seems to be pushing the share price higher ..GLAH

[broken_arrow1] 18/12/2023 15:46

Premium still being asked for 250k+ of shares.

[thedickster] 18/12/2023 15:03

Lots of shenanigans with Mr 250k today.

[broken_arrow1] 18/12/2023 14:40

Just £5k of shares on offer now then it moves up again.

Spacedust, you can buy if you place a limit order, Normal Market Size in AYM is 30k shares.

Most online brokers are sitting 'at best' currently, so limit orders are the best route.

[kooba] 18/12/2023 14:20

Wassapper..i had the idea Jan and early Jan from the blog of the guy that was on the visit. At around 20mins says 3-4 weeks for assay on the drill cores and that the early ones being prioritised. Also think WHI suggested results now likely in the new year. So no entirely sure what to expect as i note the rns but folks there seem to think we get news within a month.https://youtu.be/voSDmr9_id0?si=BMN8mmC_QaGzPB6W

[spacedust] 18/12/2023 14:18

Analysts can suggest 6p or 60p. If the MM don't give a damn the entire company is paralysed to do anything about it

I've tried dummy buys nd cannot even buy 100k or 50k shares. So the price will not rise as no free float

[mininglamp] 18/12/2023 14:12

Not sure about charts and gaps but those analysts suggested the stock should be trading around 6p and that is before the results from the Northern zone are reported which we already know will be stellar.

Current m/cap is only £7.4m !

[broken_arrow1] 18/12/2023 14:03

1.9p appearing on the offer for larger size buys now.

RSI is still in neutral territory which is positive.

Chart gap at 1.95p to fill and no real resistance to 2.5p, the stock traded at 2.85p in January.

[spacedust] 18/12/2023 13:44

We need a pump up all the way to 11p for no reason.

[wassapper] 18/12/2023 13:11

Calm - no one said results back end of Jan. The RNS says

"the samples from this drill hole will be sent off to the assay laboratory as soon as possible and
we look forward to POTENTIALLY receiving the results during Q1 2024."


potentially means they could be delayed. Frankly I wouldn't be surprised if they were.

[spacedust] 18/12/2023 12:27

Thus usually happens with aym. When the share price goes up a tiny amount the mms provide no stock and no one can buy

[spacedust] 18/12/2023 12:22

Not unless the mms provide any stock

[broken_arrow1] 18/12/2023 11:56

They are 'advertising' there are £10k of shares on the offer but are there really?

The dynamics here are heading towards 2p+