Anglo Asian Mining Share Discussion Threads

[mattjos] 19/8/2017 21:42

Stock option expiry on Friday so, no surprise Gold was hit.I expect it to bounce back next week

[jeanesy] 19/8/2017 11:42

Mattjos , I was only commenting that 1300 seems a bit of a barrier that is not being allowed to cross atmo. I am more than happy with the POG atmo and yes i do understand how important copper is and is going to be here in the future. It will be interesting to see in the interim figures in September how much importance is made of the Copper that is being produced here and how much is going to be mined in the future.

Goodgrief, thanks for the article on Copper .It makes very interesting reading and reassuring we are investing in a company with a bright future.

[goodgrief] 19/8/2017 08:44

As posted on WTI thread....https://katusaresearch.com/im-finally-buying-copper-stocks/

[mattjos] 19/8/2017 00:23

Jeanesy, you are too sensitive about a few $ move in POG.Go back and read some historical RNS's here ... AAZ always expressed itself as having the ambition to become a mid-tier Gold & base-metal producer.They now clearly state they aim to become a mid-tier Gold & Copper producer.Folk are getting excited about Copper now off this small recent move. This, imo, is nothing as yet. EV & associated infrastructure demand is going keep Copper in a strong bull market for the next 30 years at least. If I may ... you have to switch your way of thinking & look at this according to Gold & Copper & Silver. Don't wait for market to 'get' this. 'Get it', before the broader market does.Copper will soon be viewed as a semi-precious metal, imo.

[jeanesy] 18/8/2017 17:55

Very swift move down in POG this afternoon

[mattjos] 18/8/2017 16:32

should uncross at 26p

[mattjos] 18/8/2017 15:40

good sign that gold continues to inch up in a thin summer market & against all expectations.
September is looking to me like it could be a horror story on the main indeces & that should then see the volume come into Gold and propel it well clear of 1300.

Beyond me why we're not motoring ahead here just now but, looking around, the other gold stocks seem stuck also. Just a summer market I guess

[jeanesy] 18/8/2017 15:33

Didn't want to stay there for long ! Its proving a bit of a barrier atmo.

[jbe81] 18/8/2017 14:15

Gold at $1300, might be enough for zhockey to buy back in

[mattjos] 18/8/2017 13:53

Everything up to 26p now gone from the parallel market

[jbravo2] 18/8/2017 13:52

And if we hit the top end of production target it'll be under $15m

[jbravo2] 18/8/2017 13:37

Too true matt, this is the half of the year we'd prefer the better prices.
If we hit the bottom of the production target, and if metals prices just stay as they are currently then net debt at year end will be down to c.$18m.

Ker-ching. Ker-ching. Ker-ching.

[mattjos] 18/8/2017 13:18

Main thing is that with Gold & Copper at these prices, we are minting cash

[el_duderino_7885] 18/8/2017 13:07

I'm expecting gold to hit $1,320 ish around the Trump election highs before it pulls back.

Highs in gold will likely be seen late in the year. Should be re-testing the 2016 highs!

They are out for Trump. I fully expect him to be impeached or resign before the end of next year.

[jeanesy] 18/8/2017 12:54

seems to more buys than sells so far today so perhaps there is another bigish sell to be published later as a delayed trade ?

[mattjos] 18/8/2017 12:48

C&H on the gold hourly gives 1307 as next short term target

[jeanesy] 18/8/2017 11:59

Could it dip back a bit more so i can buy some more ..please!

[mattjos] 18/8/2017 10:01

Here's the dip back to prove support

[jeanesy] 18/8/2017 09:28

Great to see POG push through 1290. Will we get through to the psychological 1300 today or early next week ? Stock must be tight with only a few buys pushing up price yesterday and then falling on a couple of sells. A steady tick upwards is fine by me or a little fall so i can buy some more when funds allow! I still get the feeling this is not on people's radar yet.. fine by me for now !

[bleepy] 18/8/2017 09:25

Got my answer,cheers matt

[mattjos] 18/8/2017 09:19

That last 37,500 trade was a matched buy & sell in the electronic order book .... most likely bought by WINS actually as they were buying at 26p in the auction & now selling it on through the normal MM Level 2 process

[mattjos] 18/8/2017 09:17

All,AAZ is a hybrid order book apparently.YES, it is a Market Maker Auction stock in the normal way but, it also has an electronic order book running alongside it in parallel but, this is only expressed visibly during the auction process.Since most just use the online trading platforms made commonly available to us, we cannot get into this action BUT, if you phone it through & request your buy/sell instruction is published, TDW & others can get into the parallel electronic order book for you & you will see your order visible in the auction.