Anglo Asian Mining Share Discussion Threads

[bozzy_s] 20/5/2020 20:02

Gold flying. Copper recovering. GBP still weak v USD. Cheap fuel. No more debt repayments. Increasing dividend. Great management. Positive update and broker notes imminent. MMs bidding well above quoted price for huge numbers of shares. Today's sellers have made a mistake, in my humble opinion.

[bamboo2] 20/5/2020 19:57

cmb
main advfn page
select settings
click general
third option down select no

Might have to mess around with one or two of the other options!

[return_of_the_apeman] 20/5/2020 19:52

Looks like it was a buy to me :-)

[wanobi] 20/5/2020 19:22

many thanx Mj, cheers Wan :-)


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[gutterhead] 20/5/2020 19:18

Matt, thanks for bringing it back on track.

[mattjos] 20/5/2020 19:14

Wan .. if you look at 3Yr, Weekly Candlestick chart, you will understand

[sh0wmethemoney] 20/5/2020 19:14

That 75k reported late a buy?

[wanobi] 20/5/2020 19:08

I got out of STCM a while back,,, but,,, could be a good time to get back in Mj :-),,, interested to know what you guys unearth :-) many thanx, Cheers wan :-)


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free stock charts from uk.advfn.com

[mattjos] 20/5/2020 19:03

Bumpa, I think it's a Fund called SEB but, not sure hence asking if you might get the share price Am itching to take much bigger position but, they wont sell to who is on Bid in the Auction. Cantor seem happy to shell them out in dribs & drabs on the open market, atm ... just like when they were shelling out Bashirov's stock in 2015 on AAZ

[wanobi] 20/5/2020 18:56

yes KS, cheers Wan :-)

[mattjos] 20/5/2020 18:56

Spread is getting wider simply because ever greater number of cheap shares are being hoovered up by investors, imo.The 'Free Float' is just getting skinnier & skinnier and skinnier & each time the company put out News like the 2019 results with attaching dividend &* as Gold price rises so, the float will continue to diminish. The price is simply too cheap to consider selling .. period!.

[cinoib] 20/5/2020 18:48

Bloody MM's can't leave it alone, closing with a f---ing 8p spread again, there is no need for that, no need at all. Doesn't matter how many shares in circulation, you will never make a market with a spread wider than the mrs leggs.

[riggerbeautz] 20/5/2020 18:38

ODR I’ll take Impact now making 50% in a week!

Be delirious if AAZ do that, somehow I think I’m expecting less tomorrow than a lot of posts I’ve read.

[king suarez] 20/5/2020 18:26

Sorry, I think I misunderstood you, Wan.

Yes, logically you should see producers go up first, taking advantage of increased cash flow, then devlopers/explorers later as the value of their stuff in the ground attracts interest. I agree with that - you are pointing out that CORA has lagged the producers so far, but is beginning to take off now?

[bumpa33] 20/5/2020 18:21

Mattjos - been out this afternoon, I’ll make a call tomorrow morning, as it’s Cantor might get something but they won’t open who. 2 years is a long time to be sat on the offer, you sure it ain’t Cantor themselves? They’re not averse to taking a position.

[wanobi] 20/5/2020 18:12

fair enough KS, it is something I picked up in my studies of the gold mining space etc etc,,, but, let's see,,, tis early days yet, the producers go up first,,, followed by the explos,,, there is a lag and it will be interesting to see if what I read is correct or not as the price of gold keep rising :-) Cheers Wan :-)

[king suarez] 20/5/2020 18:07

Not sure I agree with that, Wan. AAZ went from under 70p to 140p today? Cora has gone from 4 and a bit pence to 6.5p in the same timeframe?

POG near doubled, CEY doubled and ALTN near tripled. PUR has done well in that same time though.

[wanobi] 20/5/2020 18:05

PUR - key shareholders :-) Cheers Wan :-)

AngloGold Ashanti Limited 50,021,251 13.9%
Eric Sprott 36,000,000 10.0%
Van Eck Associates Corp. 18,731,900 5.21%
Mark G. O'Dea 5,508,800 1.53%
Schroder Investment Management 3,939,902 1.10%
Sprott Asset Management LP 3,620,000 1.01%
CQS (UK) LLP 3,132,650 0.87%
Konwave AG 2,965,000 0.83%
Merk Investments LLC 2,885,416 0.80%
Graeme Currie 2,150,000 0.60%

[wanobi] 20/5/2020 17:49

hmmm

Cheers
Wan :-)

[wanobi] 20/5/2020 17:34

aha, many thanx KS, I think that must be the one cmb referred to :-),,, I shall listen to it myself right now :-) Cheers Wan :-) thanx again,,,,, :-) :-)

incidentally, fwiw,, in my leanings so far I have learnt that when the price of gold rises, it's the explorers/developers that can show the most explosive share price rises,,, more than existing producers,,, I see this in the likes of CORA right now,,, chart posted this morning and up again today :-)

Cheers Wan :-)


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[king suarez] 20/5/2020 17:28

There's this Cruxinvestor inverview, which I will have a look at shortly...

[wanobi] 20/5/2020 17:26

apols KS, crossed wires, I thought you were referring to the one cmb mentioned earlier,,,, yes, tomorrow's one will be around shortly after I guess :-) cheers Wan :-)

[king suarez] 20/5/2020 17:24

I assume it will be on the PUR website sometime in the next day or two?

[wanobi] 20/5/2020 17:22

KS, when you find it, please can you post a link to it here,,, many thanx, cheers Wan :-)