Anglo Asian Mining Share Discussion Threads

[bumpa33] 21/12/2018 08:49

hmm, sold 40k SOS this am, two lots - 25k and 15k - but only the 15k showing at the mo.

[bumpa33] 21/12/2018 08:41

looked at IRV, it does appear there'll be sweet FA (left) for shareholders going forward...

[jbe81] 21/12/2018 08:39

MMs disappearing very quickly off the offer with the slightest buying.

[sportbilly1976] 21/12/2018 08:35

IRV - warn of material dilution to shareholders, yet the share price rises :)

[bumpa33] 21/12/2018 08:31

chucked a few SOS out, with some difficulty...

[gutterhead] 21/12/2018 07:56

Gold at $1261

[bumpa33] 21/12/2018 07:55

Everyone raising money this morning it seems...

[2sporrans] 21/12/2018 07:23

Maybe next year bazboa.

Just the 1/2 trading day on LSE on Monday 24th, 2 full days Thurs 27th, Fri 28th.....and that's yer lot as Monday 31st is N Y day hol. for LSE.

first trading day 2019 is 2nd Jan. Weds.


POG - back above $1260 just now - brings some good tidings....

[le0nard] 21/12/2018 07:18

You don't want to be next week. It'll go unnoticed.

[bazboa] 21/12/2018 07:09

Next week it is then...shame they couldn't get it out a bit earlier

[mattjos] 21/12/2018 00:49

IG stock availability on AAZ exactly matches availability from the MM's here .. has done so for at least the last 2 years

[sportbilly1976] 21/12/2018 00:23

Really?? I've never known IG not be open for business when online buy limits reduce...part of the reason I moved into sb's was because of the lack of MM manipulation with small cap limits

[goodgrief] 20/12/2018 23:58

"While I think predicting gold is a mug's game, it won?t be long before people start seeing that almost everything else is going down and gold is going up"Exactly, it's about changing sentiment. Some on here seem to find so called experts views laughable. But the sentiment expressed is positive.I look forward to a slew of exploration results from Aaz... along with increasingly positive sentiment and a rising gold price. How knows what the share price might hit!

[wanobi] 20/12/2018 23:53

imho, for what ever that's worth, this is a global problem now, the FED is just a symptom of the wider picture,,,, all markets could crash like dominos,,,,,,,,,, but,, gold,,, based on what we've seen so far could well rocket from here..... AAZ really does look like a good place to be right now...:-) NIA intended, just my gut feeling,,,,, good luck all, thanks for posting, cheers Wan

[wanobi] 20/12/2018 23:40

lol, lol, Cramer feels 'powerless' after Fed hike, tells investors to buy gold!!!!! :-) cheers Wan

"If you're buying stocks here, ... you're making a bet that Jerome Powell will learn what I know already: that the economy's downshifted enough ... that he doesn't need to move, [that] he knows that the next rate hike will be real bad for Main Street," Cramer said.
While Powell stays the course, though, the "Mad Money" host recommended buying into the "bull market" in gold.

[mad foetus] 20/12/2018 20:45

Goldmoney have set up a company called mene.com that sells pure gold in jewellery form to bridge the divide between investment and fashion. It's an interesting concept

[wanobi] 20/12/2018 20:34

Bumpa, it really doesn't look too great out there.....:-) cheers Wan


free stock charts from uk.advfn.com

[mabel 123] 20/12/2018 20:14

The advice I was given years ago was to opt for the physical metal and take possession before making my own arrangement for storage. Never in a bank or with the supplier of the gold.

As for ETFs, aren't they just a piece of paper?

When the SHTF an ounce of gold in your own possession will always be an ounce of gold and will never be worthless, unlike a paper certificate saying you own 100 ounces of gold.

mabel

[mattjos] 20/12/2018 19:55

“From late 2019 onwards,” Metals Focus analysts write, “we expect a bull market in gold to emerge, which in our view will remain in place for the next two to three years.”

Greenspan Urges Investors to “Run for Cover”

In an interview this week with CNN, former Federal Reserve Chairman (and gold fan) Alan Greenspan urged investors to “run for cover,” as he doesn’t see the market moving much higher than they are now.

“It would be very surprising to see it sort of stabilize here, and then take off,” Greenspan said.

I believe the best way to “run for cover” is with gold and short-term, tax-free municipal bonds. As for gold, I always recommend a 10 percent weighting, with 5 percent in bullion, coins and jewelry, the other 5 percent in high-quality gold stocks, mutual funds and ETFs.

Courtesy of Frank Holmes and USFunds.com

[brasso3] 20/12/2018 19:24

Time for the march through £1

If that does not happen soon then we will have to send the boys out to the mine again! Azerbaijan Beano - Part III

[puntogt] 20/12/2018 19:11

Nearly £1,000 an oz for gold. GB£ value of gold miners should respond.

[mad foetus] 20/12/2018 18:35

I did this before but think it is worth repeating.We have c114m shares in issue, and produce around 80,000 Oz of gold. So, for every $13 the price of gold rises, we make an additional 1c per share.Last figures showed FCF of 24c, so we are trading at around 3.6p for every cent of earnings. So every rise in the price of gold of $13 should lead to our share price increasing by 3.6pIn reality of course, we produce more than that and our share price also reflects life of mine, amount of resources etc, but I think it useful to consider in that way.The $20 rise since this morning should have been worth 5p on the share price i think we are all ready for a ripper now!

[mad foetus] 20/12/2018 18:05

While I think predicting gold is a mugs game, it won't be long before people start seeing that almost everything else is going down and gold is going up, and that it looks like everything else will continue to go down, and so the inevitable question will be "shouldn't I get some gold exposure"?

[2sporrans] 20/12/2018 17:59

POG breakout indeed; $1263/oz spot just now.

so the q4 av. selling price for aaz will be significantly above that for q3 - $1216/oz.
if the pog can remain above even $1200/oz from here; more likely to hit $1300.

note the rally the past 30 days has been every bit as strong in non-$ currency basket price as $usa; so the potential for accelerated gains on $ weakness [should it come] is considerable.