Anglo Asian Mining Share Discussion Threads

[wanobi] 15/6/2020 11:44

excellent, thanks Rb,,, I'm holding quite a few AA. now :-) Cheers Wan :-)

[riggerbeautz] 15/6/2020 11:36

Wan another holdings RNS for AA. others keep churning out Parvus I expect.

[lefrene] 15/6/2020 11:35

So real money (gold) is now a sell against pretend money (fiat)? The current period feels rather like that situation in 'The Big Short', where the stark staring obvious actually took 18 months for the cows to come home. Lets see where gold is 18 months from now as all that created money does it's work.

[jeanesy] 15/6/2020 11:33

AAZ heading lower with the POG again today. With US markets due to open down we could be getting cheaper still . I am watching and waiting . I think a correction could be about to happen across the board.

[mad foetus] 15/6/2020 10:43

Exciting funding news at ACP. The economic returns there are extraordinary...IF they come to pass

[wanobi] 15/6/2020 10:41

I shall name the next GAP at 56p,,,, the AVCT vaccine GAP LOL, LOL,,, should a vaccine come along I can see it getting filled,,,, but, once the dust settles and AVCT progresses it original cancer treatment plan then all should be good for LTH's,,, we shall have to wait and see how the story plays out :-) GLA Holders, Cheers Wan :-)

[wanobi] 15/6/2020 10:38

AVCT - a lot of talk around the vaccine today,,, perhaps the reason for the fall,,, who knows, cheers Wan :-)

[onedayrodders] 15/6/2020 10:34

But fair play to those who are brave enough to play them right

[onedayrodders] 15/6/2020 10:33

I think that's more about the mentality / make up of those who bought at those levels IMHO. Market much more weighed towards short term money.

[wanobi] 15/6/2020 10:23

I never thought that GAP's would play such a big part of this game cmb,,, but the longer I play it the more I see them fill over and over again,,, especially to the downside,,, it's fascinating stuff really :-) LOL,,, Cheers Wan :-)

[callmebwana] 15/6/2020 10:03

Yes,Wan perhaps I should have waited a bit longer to do the top up!!
My average is still quite good. Let's hope it does not close the other gap.
We will just have to wait and see.
ATB.

[2sporrans] 15/6/2020 09:53

DD

On Ordubad.

Just a couple of points:

PSA terms are that all the explo./dev. costs can be offset against profit.
Until they are all recouped, the Azerzi Gov. is entitled to a 12.5% share of production [revenue]; AAZ's 87.5% share is very reasonable.

"Ordubad where AAZ doesn't even know what style system it is (or whether gold/copper as opposed to zinc etc)"

You don't seem to be granting much credence, if any, to the Soviet data or Behre-Dolbear reports which underpinned the IPO.

Do you know, btw, there are 2 large copper or copper/molybdenum mines over the border in Armenia, one less than 10km from the CA; been producing well over a decade.?
Another in Iran, not far away.

Have you read the drilling reports for Ordubad?
It's clear there is a very substantial zone of copper and gold deposits in a quadrant
with Shakadara [valley] at centre. [can't recall how many km2 the quad. is of toh, but several.]
You might have accepted this fact and focused your skepticism e.g. upon the difficulties and costs of mining them in very hilly terrain; the more so should they prove to be very dispersed and few near to surface.
But you haven't.

I hope you don't consider my response to be impolite.

[wanobi] 15/6/2020 09:42

aha AVCT closed the GAP at 112p cmb,,, great news,,,, now just hope it doesn't close the next one at 56p :-) LOL,,, you never know though,,,, now that would be a great load up point :-) GLA Holders, Cheers Wan :-)

edit, or even the one below that at 24p :-) LOL

[fozzie] 15/6/2020 09:38

I don't think a man needs to be, we are lucky in that regard. Primark is just fast fashion, cheap fashion and is in the bin after a few outings, awful stuff imo.

[goodgrief] 15/6/2020 09:23

Guess you old folks aren't dedicated followers of fashion!

[riggerbeautz] 15/6/2020 09:22

Primani as they are known in certain CHAV areas according to my young uns.

[fozzie] 15/6/2020 09:15

My wife tells me that there are already enough clothes in the world to last another six generations, Primark sells more cheap clothing. Pics online of shoppers queuing round the block to snap up bargains. Last place I'd want to be.

[wanobi] 15/6/2020 09:06

oh and shopping at Primark it seems :-) LOL LOL LOL,,,, that's one I do not understand at all,,, not in the slightest,,, what do they even sell LOL LOL... GLA holders and well done all shoppers,,, go spend spend spend please.... Cheers Wan :-)

[wanobi] 15/6/2020 09:05

well done cmb... :-),,, thing is this time around the market knows what GOV's will do and it knows how it reacted last time to further stimulus etc etc... will it behave the same way this time,,, I don't see why not as humankind has an insatiable appetite for gambling, money making etc etc.... but, we shall see,,,, cheers Wan :-)

[riggerbeautz] 15/6/2020 09:00

Sfs that does seem to have been a benefit around me, between villages, the roads have not been so good for years!

[callmebwana] 15/6/2020 08:57

Wan,I managed to do a top up in
AVCT @£1.18,+ Now wating to see where it goes. The share price is all over the place. I am also sitting on cash to see where this market goes.
POG holding good considering!!
GLA.

[swallowsflysouth] 15/6/2020 08:53

RB and Pogue, for sure the government intends to keep folk employed, they might not like the kind of employment but their intentions are to do so. Fairly basic wages i guess. Hope they start with filling in the pot holes !

[fozzie] 15/6/2020 08:53

TXP a long term hold for me as well Wan. Slightly surprised we have not seen a more positive response as yet from the market. Let's see how the day pans out, I suspect if US is down that we may get a chance to add a little lower.

Anybody taking anymore AVCT down here sub 120?