Anglo Asian Mining Share Discussion Threads

[jaspoland] 26/4/2020 17:57

Shaken, not stirred?

[wanobi] 26/4/2020 17:55

YIKES, any such move by AZERGOV on AAZ would be seriously damaging to my investment progress,,, let's hope that does not happen cmb.... Cheers Wan :-)

[spidertricks] 26/4/2020 17:52

I love this board and I like your posts gold finger but please try and not post about Trump. Right I better go as i have a dettol on the rocks to drink :)

[callmebwana] 26/4/2020 17:41

Oh' I forgot to mention.
Papua New Guinea has refused to renew the License for the Berric gold mine there !! The government there plans to takeover the mine.
It was in Google news this AM.
Wan,where is a safe share??

[wanobi] 26/4/2020 17:38

yep, I know cmb, I know,,, and you are 100% right in my book,,,, in many ways I'd have preferred the share price to be where it is today on the back of the cancer treatments,,, I feel it would be a lot more solid and secure,,, but, we are where we are and cv19 has come along,,, so let's see what happens,,, in my opinion the share price will drop now if the cv19 test doesn't come off,,,, but, will rise again to these levels and much higher if the cancer trials go well.... :-).... we can only play the game that's in front of us and that game has been changed dramatically by cv19.... :-) Cheers Wan :-)

[callmebwana] 26/4/2020 17:31

Wan,I did tell you once that I did not invest in biotech,I did not buy into AVCT because of this virus. I bought into it because they have a very different tech to other Co,s.
I invested to hold, not to trade.
As you know most of my other holdings are in gold.
Anyway you are in the driving seat now.
ATB.

[waterloo01] 26/4/2020 17:25

Trying to catch up on AAZ. The license renewal would seem to be the main issue along with LOM. Would that be correct or is there another issue currently (beyond COVID)?

Thanks

[wanobi] 26/4/2020 17:19

agreed Rb,,,, 100%,,,, but,,,, having spent the whole day looking into cv19 testing, once again :-) LOL, doh Wan!!!!! you are so boring right now LOL,,,, I honestly cannot see a better way forward than the AVCT/CYTIVA saliva lateral flow test,,, IF, IF, IF, IF they can get it to work!!!! and if they do, AVCT holds the IP for every manufacturer in the world to use... etc etc etc..... :-) so maybe, just maybe an investment, more than a trade and that's without considering the cancer cure potential we invested in AVCT for in the first place.... who knows,,, Cheers Wan :-)

[c0lin1] 26/4/2020 17:19

Yes GF leave out the trump reference on the thread.

You'll only rattle her cage and send her off to her safe space.

[mad foetus] 26/4/2020 17:15

Let's keep to AAZ and gold please chaps

[goodgrief] 26/4/2020 17:13

Off he goes... " they have been lying not daily but hourly about trump".Must be happy hour on the Costas!?

[riggerbeautz] 26/4/2020 17:08

I’m just happy sat knowing gold and miners feels a good place to be right now. All these other plays are “trading shouts” to me. Maybe add Silver and subsequent miners to that shortly.

[wanobi] 26/4/2020 17:05

AVCT -

" the first threshold for returning to normal life is to make sure you’re not infectious and the people around you are not infectious"

Cheers
Wan :-)

[callmebwana] 26/4/2020 17:03

ODR,I could not agree more with you.
Bumpa, thanks for your input.

Wan,I only hold AVCT in the biotech sector. AVCT has quite a few other irons in the fire, so I am still holding on to my shares there. I won't go into too many other shares as it becomes very difficult to keep an eye on all of them.
Let's see what tomorrow brings.
GLA.

[riggerbeautz] 26/4/2020 17:02

Very true ODR and one reason I’m not chasing too many rainbows. Bumpa is right, those with other credible avenues, are the ones that are safest to play in volume.

[wanobi] 26/4/2020 17:01

yep, agreed ODR, cheers Wan :-)

[onedayrodders] 26/4/2020 16:47

Only thing I'd say is that this rush into "anything Covid related" is that it reminds me a bit if the 1999 Internet tech bubble. And we all know how that ended.

Yes money to be made but don't get left holding the baby.

IMHO

[gold finger 1] 26/4/2020 16:42

Bozzy

Boris wanted to go the same way as sweden, but was forced by the MSM to toe the line as they see it. I have to say the MSM now say and do as they like. They lie on a daily basis. You only have to look at the USA they have been lying not daily but hourly about trump. Have you seen the news about JOE Biden?. He has been show to be a predator of women, yet there is a media blackout on 99% of the MSM. But Trump said inject yourself with bleach. lol. I have seen what he said, its a lie and yet they keep running with the lie.
Anyway the MSM along with the dems are happy to see their country fall apart and destroyed peoples lives with lies to get trump out.
Its not going to work as the people are not stupid, they see what is happening. you only have to look at the opinion polls.No one believes the MSM anymore.
Well only those with Trump hate syndrome.

[wanobi] 26/4/2020 15:45

yep, many thanx tolga, added to list :-) Cheers Wan :-)


free stock charts from uk.advfn.com

[bozzy_s] 26/4/2020 15:36

GF 100% agree with that. Really pleased that Sweden has succeeded without a lockdown.

It was odd seeing football being played there, gatherings of up to 500 people (later reduced to 50), while we weren't allowed contact with anyone outside our homes.

And despite that, Sweden still has a lower infection rate than UK - even taking into account our lack of testing (and therefore actual infection numbers in UK much higher).

Right at the start I suggested whatever happened, the decision makers would praise themselves. If the rate of infections flattened out, it would be 'made the right call to shut down'. If the rate increased, it'd be 'we prevented a worse situation by shutting down'. What are the chances anyone actually says at one of these daily briefings 'I made a mistake' or 'We got that wrong'. Zero. Zip. Untrustworthy and dishonest, all of 'em.

[bozzy_s] 26/4/2020 15:30

For balance I'll just offer a contrarian view (not actually one I believe in, but it's something I've considered).

If global markets were to suffer a depression due to covid-19, the long term oil demand / price were to collapse to say $10 a barrel, and gold rocketed up to and beyond $3000 an ounce. Surely the Azeris would do anything in their power to reclaim gold resources within their country. Whether by a hostile revoking of mining licences, or simply no extensions to existing agreements.

If they're acting in the best interests of their people, would they want to own 100% of an inefficient gold mining operation, rather than half of a decent operation?

I'd prefer it if we didn't see $3000 gold, as strange as that sounds!

That said, AAZ is underpriced by at least 50p.

[tolga1] 26/4/2020 15:27

Wan
You may want to consider GDR for your CV-19 list too

[gold finger 1] 26/4/2020 15:21

i have just looked at the Sweden virus numbers.
As we know they have not locked the country down.
Well their numbers seem to have peaked and are dropping.
Best take a look yourself.


Looks to me as if the MSM has a lot to answer for.
They have forced the world leaders and most people into panic and have destroyed economies and peoples livelihoods.

[gold finger 1] 26/4/2020 15:06

laurence

I would not worry about it.
Just get yourself positioned in gold to protect yourself as best you can.
That 1929 depression was great for gold and miners.
I can't believe that people are throwing money into the equity markets trying to catch the rise from those so called lows.I may have it all wrong, but why risk it when every
thing is telling you gold is the place to be.
At the moment you can't compare the unemployment back then with today. Lets see what unemployment is after they have let us all out of house arrest.

[wanobi] 26/4/2020 15:05

many thanx for the link odsjp, cheers Wan :-)