Anglo Asian Mining Share Discussion Threads

[mattjos] 14/11/2016 14:50

was always going to bother me that gap on the chart, particularly if it had not been filled and the price had carried on going up.

Let's see now if Stephen has really earned his share options with some news now on the various exploration initiatives in-hand.
We should be virtually off the generators now and onto the new electrical supply

[mattjos] 14/11/2016 14:13

very happy with some purchases here so far today ... never possible to nail the exact bottom but to within a penny am happy.

[brasso3] 14/11/2016 13:30

Need to see where gold settles now. Hopefully a base around $1200. AAZ will be comfortable with gold around $1100 - $1200 but it will not help the general market sentiment. I would like to see the debt down to $30m by Q1 and then the gold price is not such a critical factor for AAZ. The hedging looks like a smart move now but a shame it was not beyond 2016.

[jbravo2] 14/11/2016 13:19

Good volume. This drop from 31-32p down to 25p is flushing out plenty of sellers. Far more than if the share price had simply consolidated around 25p.
This happened after we hit 20p, lots of consolidation around 15p for more than a month til they ran out of those sellers then another leg up.
History will repeat itself.
The company is throwing off huge great wodges of cash.
I've had more too. Lovely to be buying on the way up after those long months of down.

[mattjos] 14/11/2016 12:45

Manat now trading at 10% lower to the USD than the last official devaluation level from December 15 so local costs in Azerbaijan will be well under control

[jailbird] 14/11/2016 12:44

Recent commentary suggesting gold expected to settle near $12000

[mattjos] 14/11/2016 12:40

not at all .. that is when the guy joined the company & was promised the options. He has clearly achieved the targets the board set for him and so entitled to the options.
Cannot see anything wrong with this &, in any case, it's very small quantity

[cyberbub] 14/11/2016 12:33

9p options?? Seems a bit cheeky!

[bsg] 14/11/2016 12:33

zhockey, seeing as I'm glass half empty person, gold < $1000 in 2017.

[jbe81] 14/11/2016 12:17

Nice to see Stephen got his options

[zhockey] 14/11/2016 11:50

BSG, this sell off is nothing to do with resistance, it's a reaction to sentiment in the gold sector.

The crux will be on whether this reverses and we are still in a bull market, or the alternative.

[zhockey] 14/11/2016 11:41

That's just my feeling but if gold flips up $20 we could close well up.

If your happy to hold a while I would expect 25p to be a pretty good entry.

[bsg] 14/11/2016 11:40

The resistance at 34p seems a long way away now.

[timberwolf3] 14/11/2016 11:36

Thanks, shame i topped up at 24.75p this morning then.

[zhockey] 14/11/2016 11:34

About 19p, that would also hit a trend line of previous lows.

[timberwolf3] 14/11/2016 11:32

What share price would that make it zhockey .

[goodgrief] 14/11/2016 11:28

Things should turn around once Trump declares war on China! :~)

[zhockey] 14/11/2016 11:26

I think we are going to test and close on the 100 day sma.

[mattjos] 14/11/2016 10:24

free stock charts from uk.advfn.com

[mattjos] 14/11/2016 10:17

in for some more on the gap fill myself.

[celeritas] 14/11/2016 10:06

Copper miners still doing very nicely, seems aaz don't mine any at all.
I'm sure the next lot of results will show how significant copper production is at current prices.

[jbe81] 14/11/2016 10:06

Plenty happy to buy at this level, think are volume buyer will be back in business

[edjge2] 14/11/2016 10:03

Pixi, suspect some might see some value before then. AAZ below 20 surprising. Gold 1180 just possible if trumped. Shakeout required for inevitable jump higher. Plenty of outside factors/instabilities to strengthen gold and dollar.

[pixi] 14/11/2016 09:30

Heading back to 15p, then 10p and $1000 oz?