Anglo Asian Mining Share Discussion Threads

[mattjos] 20/12/2018 14:28

mgmnt forecast $1,250 ave. Gold price for 2018 …. think we'll be averaged slightly above that for the full year.

Tedious, low volume spell for AAZ. Cant see it lasting much beyond 2nd Jan, particularly if Gold has its normal strong January - March run.

As ever, do not follow what that the likes of GS & JPM say .. follow what they are doing (usually opposite of what they say, as they want mugs on the opposite end of their own trades all the time) & both are hoarding physical gold & silver

[wanobi] 20/12/2018 14:24

free stock charts from uk.advfn.com


Yum!
Cheers
Wan :-)

[wanobi] 20/12/2018 14:18

free stock charts from uk.advfn.com


hmm!
Cheers
Wan :-)

[mad foetus] 20/12/2018 14:16

Gold looking at 1260. Just need to light the touch paper here

[wanobi] 20/12/2018 14:06

TXP being crushed by drop in POO right now,,, hoping for a bounce soon else it looking at 5p,,, YIKES..... :-) cheers Wan


free stock charts from uk.advfn.com


glad I've only got a small position there!!

[sportbilly1976] 20/12/2018 13:38

SOS: 3 second look at the chart - 30p support gone...20p next stop

25% short opportunity there imo

[bumpa33] 20/12/2018 13:29

well yes, that’s the natural assumption to make from a ‘suddenly/strangely’ very forthcoming mm :)

SOS chart interesting - 27.5 level been pivotal over the last 2/3 months - bounced from here 3 times previously, growing revenues but cash burning and a long way from profitable. Messy falling wedge on the chart. Checked the form and heavily offered, but technically oversold. No support until 18/20p if it breaks south.

[sportbilly1976] 20/12/2018 13:05

he has his own game to play...

I've a seller is another way of saying stay away...probably hasn't got stock to sell and so is trying to get people from buying :)

[bumpa33] 20/12/2018 12:54

interesting conversation with an mm yesterday - very forthcoming on a stock I’m interested in, went so far as to advise that he had one, maybe two institutional sellers, really helpful he was. Problem is that I don’t trust him as far as I could throw him - normally he won’t give anything away, on anything! So, why should he be so ‘helpful’; this time? Especially when - apparently - he has stock to shift? Ironically half an hour after the conversation a TR1 came out with a doubling of holding (from 5% to 10%) in one particular insti.

[le0nard] 20/12/2018 12:06

delayed from yesterday. Suspect its a sell

[sportbilly1976] 20/12/2018 12:03

another delayed 100k from yesterday just printed?

someone continuing to pick up/dispose of stock....

[le0nard] 20/12/2018 11:49

Good luck getting your gold out of the GLD ETF. In fact only very large holders can.
Another paper backed POS

[goodgrief] 20/12/2018 11:41

This should give sportbilly cause for a good laugh...

From BullionVault...

"If like me, you believe the post-2009 bull market in equities has hit a wall, then why wait to buy gold?" asks newsletter writer, crypto-currency analyst and ex-HSBC fund manager Charlie Morris, turning bullish on the gold market for the first time since 2012.

"For gold to beat equities has become an undemanding task...Gold's job is to be a reliable store of value, and sometimes, zero is the best deal in town."

"Volatility seen in equity makes could be a reason why investors are considering allocation to gold," reckons Chirag Mehta, a manager at the Quantum Mutual Fund in India.

The giant SPDR Gold Trust (NYSEArca:GLD) yesterday expanded by 1.1% as investor demand created new shares in the world's largest gold-backed ETF.

That needed an additional 8 tonnes of gold, taking the GLD's total backing to the largest since August at 772 tonnes with the 4th heaviest 1-day inflow of 2018 so far.

[wanobi] 20/12/2018 11:11

'the FED tightens until something breaks' is apparently and old stock market saying which seems to fit the current situation!!!! cheers all, Wan

you're most welcome oakey…..

[oakey1] 20/12/2018 11:02

Hi SB ....yes someone mentioned ruffer were selling out a while a go....dunno who ruffer is though

[sportbilly1976] 20/12/2018 10:58

oakey - imo the sell order placed around 3p looking at the chart above - shifting 20-25million shares when ave vol only 2 is bound to take a hit.

one to be wary off if anyone considering building a big position. Something Woodford has found to his cost over the past 12-18 months (and in turn, followers and investors in his fund and component stocks!)

[mattjos] 20/12/2018 10:56

lets see if chart now mirrors left hand decline .. if so, Gold should be nearing 1300 in 2-3 weeks time .. that would be lovely :-)

[oakey1] 20/12/2018 10:54

Cheers wan....I may even get my money back on that one :)

[sportbilly1976] 20/12/2018 10:53

Fascinating snippet from the share price Angel morning note today:

Whiskey – more than a third of vintage Scotch Whiskey found to be fake
• It’s a scandal set to match DieselGate and the VW emissions scandal.
• We always wondered how the economics of storing vintage Scotch whiskey worked,
• Now we suspect it probably doesn’t unless you have allot of old stock that you’ve been trying to shift for years.
• Advanced radiocarbon dating shows that 21 out of 55 bottles of rate Scotch whiskey were fakes or not distilled in the year declared.
• Doesn’t mean its not good stuff to drink though.


:)

[sportbilly1976] 20/12/2018 10:51

oakey1,

quick look - the volume is a seller being cleared and the trades finally being published.

sp action seems to suggest the overhang has been cleared and now share price moves reflecting 'actual' buys and sells

is there an institutional holder known for exiting/selling down?
do they have sufficient stock to enable a sell of c.20 million shares
the recent share price move does suggest a large PI has sold out and the drop was reflecting the price the MM's were wiling to offer

[wanobi] 20/12/2018 10:50

BYOT - TA'wise, it looks to be way oversold on the RSI & boy has it dropped a lot,,, perhaps people think this drop is now way overdone and are pilling in at the 'bottom' as they see it!!!


free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


FA'wise I know nothing about this company.

Cheers Wan

[oakey1] 20/12/2018 10:43

BYOT....byotrol

[wanobi] 20/12/2018 10:40

morning oakey, which stock is it? thanx Wan

[oakey1] 20/12/2018 10:38

I have a random question....
One of my stocks has an average volume of around 2million...today it is 27 million so far and there is no rns out or anything...why could the volume be up so much?