Anglo Asian Mining Share Discussion Threads

[bumpa33] 23/2/2017 13:16

Harsh Mattjos :)

[mattjos] 23/2/2017 13:16

Gold breakout

[jbe81] 23/2/2017 13:09

MMs out to lunch

[mattjos] 23/2/2017 13:08

Thnx jeanesy :-)

[crazycoops] 23/2/2017 13:04

I hope nobody was relying on the "sell at 30, buy at 20 trade"!

[jbe81] 23/2/2017 13:01

Really none available, a sustained rise in gold will make it interesting. Good news will make it really interesting!!

[robo21] 23/2/2017 12:56

Has gold cracked that glass ceiling or will it be bashed down again???
Let's see how today pans out ...

[terropol] 23/2/2017 12:55

A few more for me today...now none available on line...

[crazycoops] 23/2/2017 12:52

Clearly there will be resources, it is more a question of how much, what mix, location and costs of extracting. There should be resource news on three sites this year by my reckoning and on the back of that, clarity from the company on their strategy for exploiting the new resources.

[bsg] 23/2/2017 12:34

It appears to be getting a bit binary, resources or no resources.

[mattjos] 22/2/2017 13:50

Here goes gold now

[terropol] 22/2/2017 12:16

23p is a bargain 2sporrans. Got a few here at 22.88, BARGAIN. Like I have said in the past, this valuation is just for our nuts and bolts.
Any good news coming out of the company should double the share price.

[2sporrans] 22/2/2017 11:41

2 yr Bundesbunds now yielding just above minus 1% !

Guess that's enticing to extent the Deutschmark returns within 2 years; or perchance the Reichsmark?

Whatever, looks quite likely there'll be another opportunity to add here at ~20p; maybe a tad lower.

[crazycoops] 21/2/2017 13:50

Thanks for the additional info El_D.

[el_duderino_7885] 21/2/2017 13:30

Yes crazycooops and thanks. Although worst case in my opinion is there would be more delays and frustration if the planning was overturned. It's the planning authorities that are being challenged not the company. If planning was overturned they would have to reapply or appeal.

I do think this is extremely unlikely however. The company are going full steam ahead with the underground mine despite this judicial hearing and their legal team are convinced there isn't a case to answer. The judge has allowed another week for more evidence discovery having heard both sides so looks very good to me.

They have all the equipment in place and all the infrastructure already from their from the previous open pit mine. they have also found a near surface ore next to the prooosed underground mine which they are now mining to help finance construction and reduce capex!

Grades are simply incredible and huge potential for resource upgrades over and above their current resource.

Add to they its in Ireland and not say Africa, the £10 million valuation will seem bonkers pretty soon in my opinion.

Take a look at the grades they are hitting, up to 30/40 gpt from memory!

I've been following this company for 5 years and it could finally all come together this week. Definitely worth keeping an eye on I reckon guys.

[crazycoops] 21/2/2017 13:05

El_D, I just had a quick look at GAL, looks binary based on judicial review. I hope you get the right result.

[zhockey] 21/2/2017 12:08

As I said it's about expansion. Finding 1M plus oz, thats where the value is.

[el_duderino_7885] 21/2/2017 11:43

Jeanesy, nothing wrong with banking such a large profit! You'll no doubt get a lower or similar buy back in price once your fears are alleviated. Assuming they are :-).

I recently sold some of my holding here but that was more so I could move it in to Galantas Gold which has an extremely exciting week ahead and could potentially be a multi bagger this year. I recommend checking it out.

Well done for booking such a huge profit!!

[jeanesy] 21/2/2017 11:18

The fact is Zhockey the figures have continued to be poor for a while. The grades that are being mined appear to be still falling and there is no certainty in when/if they will improve. The weather is unlikely to be the reason imo but if it is then feb's figures are likely to be worse still.Yes we do not yet know the reasons why yet and wont until april but there was too much uncertainty there for me. I did not see the production figures on friday so that is why i sold first thing monday as it seems a few others did too. I got out before the price dropped so i was lucky.Having first bought at 4.75p i made a very tidy profit and didn't want to see my gains eroded in the short term. I am sure I will get back in when things become clearer or when we get some positive news on exploration/drilling.

[catsick] 21/2/2017 07:17

Yes its like they came out with poor annual results not that someone has gleaned some 4 week numbers from an azerbaijani web site that has half the story from some government filing, still buying at 20 and selling at 30 seems to work until we get some real info ...

[zhockey] 21/2/2017 04:55

I really don'tget why people sold on the jan production figures. Anyone with any sense will have expected them to be as they were. You could have sold on Friday at 27p rather than waiting to be ripped off on Monday.

I guess this is a great example of why most people lose money.

[mattjos] 20/2/2017 13:17

I think Greenspan only saying what most have concluded a long time ago anyway.

The move in gold should become a little more obvious to all once we close and hold above $1,240 which I expect to see this week

[catsick] 20/2/2017 13:09

Greenspan is a senile old fool so I would not take a bit of notice of anything he has to say, he spoke at a lunch I was at last year and he made numerous factual errors and was embarrassing to listen to, our future here will become clearer soon as more holes are drilled, a shriveled prune has no bearing on where this will end up ...