Anglo Asian Mining Share Discussion Threads

[2sporrans] 18/5/2018 08:30

Some courage on show this morning Catsick.

[mad foetus] 18/5/2018 08:29

I just don't see who would sell. This is a fairly obscure company, if you own it it is because you understand the potential. The spread and illiquidity makes short term trading difficult, so it will be very difficult to attract sellers until we reach at least 60p imo. Or Tuesday, in time terms!

[catsick] 18/5/2018 08:20

We need some brave soul to pay the 47 offer and another hero to lift the 48 that follows it ...

[return_of_the_apeman] 18/5/2018 08:05

They have next to f'all. The question is how do they make a market when they have so few while attempting to make some money trying to fill some buy orders at lower levels. The answer seems to be to not offer any for sale, keep the spread wide and then drop the price on very low volume. What they could do is just raise the price however if no one sells they will still make nothing.

The above post could just be nonsense

As we know there is little stock, and it seems we all have deeper pockets, I wonder what would happen if , as an experiment, we all agreed to all buy a portion of whatever is offered and put some very small fill or kill orders in afterwards?

Just my ramblings

[mad foetus] 18/5/2018 07:44

Beautiful bullish engulfing candle yesterday. Only question left today is how many shares the MMs have and how many are they willing to sell.

[yasx] 18/5/2018 01:11

Surely just a matter of time before this begins the next leg higher - given that the basing pattern/consolidation has taken several months, it ought to be a fairly significant move - first stop 55p...

[wimbled] 17/5/2018 23:20

The headline reads well. I know its not all AAZ but you have to think production will match 1st qtr if not a lot better. Sweet

hxxp://en.apa.az/azerbaijan_energy_and_industry/azerbaijan-increases-gold-production-nearly-fivefold.html

[mr roper] 17/5/2018 20:16

Between here and the kurd dog, it's been a decent day, sf.

[scottishfield] 17/5/2018 20:04

Have to say, v well played here today Mr Roper (& anyone else who topped up this morning :)

[cyberbub] 17/5/2018 18:16

I know what you mean Mattjos, there's definitely someone messing around at 44, 45p. At least they can only sell once...

[jimbowen30] 17/5/2018 17:09

Peak gold:

All major gold deposits have been discovered, Goldcorp chairman says

"Gold produced from mines has gone up pretty steadily for 40 years,” Telfer tells the Financial Post. “Well, either this year it starts to go down, or next year it starts to go down, or it’s already going down... We're right at peak gold here."

[return_of_the_apeman] 17/5/2018 17:03

People always try to be smart, coil is about to release and some will get left behind imo; that's the price they will pay for being smart

[friendzarin] 17/5/2018 16:32

Sooner or later the seller in the background will check out and if that coincides with a well received fy 2017 results and a sniff of a dividend policy declaration...mmmm

[lefrene] 17/5/2018 15:58

No surely not, those nice MM's wouldn't deliberately drop it just to frighten out some stock, it's AIM those things just can't happen, honest guv!

[mattjos] 17/5/2018 15:52

I recall the MM's (lead by Cantor as usual) doing exactly same last summer ... checking chart it was 26th - 28th July last year. Dropped it over 2.5 days on negligible volume before it quickly retraced the drop in two sessions.

A month later it was 70% higher

[mad foetus] 17/5/2018 15:37

And...a stand off again! Lols

[mattjos] 17/5/2018 15:33

Yup, a totally artificial drop to try and squeeze out some leverage and/or scare some holders out of stock. They got a few but not that many before driven way back up. Don't see that tactic working again in a hurry. Usually done just before a rise to try and pocket some stock.

They'll need to let it rise to much, much higher levels with new investors before trying that again & some considerable time in the future in the hope folk have forgotten this little stunt, imo.

[jailbird] 17/5/2018 15:27

Wow ..Just seen this rise after yesterday.. seems it was a shake out

[robo21] 17/5/2018 15:25

Brakes off ?

[papy02] 17/5/2018 15:24

Can spreadbet with IG no problem (when I added earlier this pm)

[mattjos] 17/5/2018 15:22

am still completely locked out of buying any online

[mattjos] 17/5/2018 15:20

1m+ on AAZ is a good day on volume and moves it up very fast ... a 5m volume day and it would likely be a near 100% rise

[mad foetus] 17/5/2018 15:16

Sod all volume, imagine if we had a 5m day!