Anglo Asian Mining Share Discussion Threads

[bleepy] 15/12/2018 01:01

Not forgetting Gadir has multi developement tunnels at various levels with tunnels off shooting those. So a lot of scope for decent jorc. The drill hole that proved up a 93gpt Au core sample has also been intersected by tunnelling.
Plus the 600mtr tunnelling from Gadir to below pit4 of Gedabek has shown significant grades. Not sure if this tunnel is the down dip referred to or has some other name. So would assume further exploration would take place along the length of this tunnel also. Mention also of 4 adjacent areas to Gadir that show promise, possibly Gadir 2,3,4 and 5 with subsequent jorcs to prove up.
We know that further developent tunnels are being driven below pit4 to accommodate the fan drilling exploration. This Gedabek underground mine I’m guessing is going to be a bonanza when considering the present underground exploration has been guided by much earlier deep drilling from the surface. Gedabek open pit complex comprises 6pits to date, now that would be nice if the underground ore body followed the same as surface.
And there’s been mention of the back wall of this complex contains many years of mining.
That’s all adjacent to the processing plant, makes one think they had more than a fair idea that such a huge and rich prospective area was just waiting to be mined.

We are 1yr into a 3yr $6ml aggressive exploration programme that is looking at the whole of the 300sq km acreage plus a heliborne survey to more accurately guide the exploration.
The exploration programme also applies to Ordubad of which much is expected.

Just reading the scheduled news items in the header above for coming weeks and months confirms where we have come from to date and where we are heading. Aaz catching headline news as best in its class confirms the achievements to date. Our broker has been slow to acknowledge as has Mr Market. We should realistically be at £1.50 now and heading for £2-£2.50 as further positive news breaks.

The present share price sideshow provides a great opportunity to top up or just sit on your hands until value outs. If gold as predicted for 2019 hits $1350-$1400 then we can expect share price to go further north.

[s0lis] 14/12/2018 23:35

cannonfodd3r

We know that drilling from inside the mine is restricted to only a few decameters so can only give us an indication of what is very close by. However, they could have drilled from the surface to deeper levels and we could have an interesting JORC.

But, what I am hoping for is preliminary additional comment as to what may be there from looking at the Airborne Geophysical Survey at deeper depths. Now that could be interesting.

[wanobi] 14/12/2018 23:06

lol, 0.05,,, amazing, cheers Bumpa, Wan

[bumpa33] 14/12/2018 21:52

2599.95 haha!

[bumpa33] 14/12/2018 20:36

Well, algos not impressed it would seem - 25 minutes to save a close below 2600...

[celeritas] 14/12/2018 20:24

I'd give it at least a month, that leads to Xmas period which is very quiet with no one taking notice. For impact now I'd wait for Jan.

[goldrush] 14/12/2018 20:18

Stephen bought on the 22nd and 23rd November so Monday /Tuesday is well over 3 weeks from his PMDR RNS. This should be fine for all concerned.

[mad foetus] 14/12/2018 18:45

Oh yes, well done

[bumpa33] 14/12/2018 17:40

Whilst there’s every reason to string him up (Mussolini style!) I still see impeachment as a long odds bet.

The US would be in a state of near civil war...

[wanobi] 14/12/2018 17:29

I see Trump being impeached in the very near future Bumpa, what will that do to the markets? cheers Wan

[bumpa33] 14/12/2018 17:25

Again, worth keeping an eye on the $DXY

[bumpa33] 14/12/2018 17:22

And as if by magic, Trump makes a few noises on China deal soon. Maybe. Will it be enough for the algos?

God only knows 🙄

[wanobi] 14/12/2018 17:07

testing times Bumpa, cheers Wan


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[bumpa33] 14/12/2018 17:03

Come on, one more rally into year end/early Jan, suck in as much retail as you can and then - bang. :)

[bumpa33] 14/12/2018 16:48

with just one full week left of trading until xmas, could be interesting.

[bumpa33] 14/12/2018 16:44

wan - yes i think it will, but as I've said previously the intervention every time it's tried recently has been phenomenal. Enough maybe that bears will give up, in the short term at least?

Maybe.

I think so many are watching this level that if it goes it will get hammered, but the contrarian view on everyone watching for the same move needs to be respected...

[bumpa33] 14/12/2018 16:41

that is shocking if true sb76...

[wanobi] 14/12/2018 16:40

if it breaks 2600 surely it'll drop a lot very quickly Bumpa, cheers Wan

[bumpa33] 14/12/2018 16:39

tempted to go short Es_F again but i'm not going to until it breaks 2600 and confirms with volume...\

may miss the initial but should be good for a move swiftly into the 2400's IF it breaks down.

[sportbilly1976] 14/12/2018 16:33

JNJ is rightly getting smashed if the new is true...massive litigation potential