Anglo Asian Mining Share Discussion Threads

[gold finger 1] 23/7/2020 09:54

This management is top notch.
They have been getting low grade gold out the ground in the first half of the year,when prices were good. Now we are into H2 and we are told production will catch up in H2. So producing more when the price will be a lot higher.
That is what i call great management.

[crazycoops] 23/7/2020 09:50

I see AAZ has been included in this week's feature article by Shares Mag - "20 small caps where analysts are upgrading earnings forecasts"

[2sporrans] 23/7/2020 09:50

Matt

Just to say i agree that research into what Conway has achieved should prove
a worthwhile exercise, perhaps very much so.
less concerned as to Conway itself as AAZ have negotiated matters such as they
will progressively take over the show should they wish to commit serious money
and indeed are already steering the next phase of exploration.
The 2-mn-euros is all going into that, not some licence downpayment or anything
into the Conway pouch as such.

A bit busy at this time but expect i'll be looking into it all shortly.

Also noting Bleepy is well on the chase.

My main concern is not to do with the size/quality of the resource[s]; it's the
difficulties that will likely be encountered in the permits/approvals etc processes.
Mine development[s] may prove to become a very protracted process.
But leave that aside for now.

[lefrene] 23/7/2020 09:48

Such is the cash generation here that the project in Ireland will come out of the petty cash tin :¬)

[gold finger 1] 23/7/2020 09:47

Well there is the buyer again with two purchases of 50,000 shares in total.
No sign of the seller this morning yet.
Maybe just maybe they have finally finished. Well they have to at some point.
Maybe if they have the news we have been waiting for for months can be released.
Because i have a feeling its been held back to get this transfer of shares out the way. AIMO.

[ilostthelot] 23/7/2020 09:47

If gold breaks over 1890 it could go parabolic according to Adam mancini on twitter. A well respected chartist.

[crazycoops] 23/7/2020 09:44

Gold spot at $1886 and gold futures at $1881 (backwardation?) mean that we are now a full $400/oz above management's 2020 guidance figure. A bumper H2 awaits for AAZ and surely, the share price will catch up eventually.

[ilostthelot] 23/7/2020 09:43

It won't be long until we get a +$100 move higher in gold , in one trading session.

Silver was a great trade yesterday. I've been buying the dips.

[lefrene] 23/7/2020 09:41

Could see $1900 breached today.

[katsy] 23/7/2020 09:36

true! Although I'm beginning to wonder if AAZ is a gold miner! ;-(

[bonio10000] 23/7/2020 09:36

Plenty. Miners are leveraged on gold. So, as gold measures depreciating fiat, miners will provide a multiple hedge against that lost purchasing power and provide a real increase in purchasing power.

Fiat have depreciated by 20 per cent and miners are up 3 to 4 times that, unless you only invest in AAZ.

[brasso3] 23/7/2020 09:34

More than not buying gold miners!

[katsy] 23/7/2020 09:33

I've been telling people that Govs around the world are using this virus to cover a financial reset. Problem is though even if you make money on gold miners just how much buying power will that money give you?

[wanobi] 23/7/2020 09:26

indeed jeanesy,,, this JV could be very good indeed me thinks :-) Cheers Wan :-)

[gutterhead] 23/7/2020 09:24

Wow. Gold could have first challenge at $1900 today

[jeanesy] 23/7/2020 09:20

This note may be old but it does show the potential at CGNR

hxxps://www.brandonhillcapital.com/media/77490/conroy_gold-initiation_report.2018.final.pdf

[bleepy] 23/7/2020 09:10

CGNR

Face sheet...

hxxps://www.conroygoldandnaturalresources.com/sites/default/files/CGNR%20Fact%20Sheet.pdf

[jbravo2] 23/7/2020 09:08

Yes surely it’s near a tipping point now.
I don’t think it’s going to run away as the seller will see to that but a gradual move has to happen with the weight of money we’re making here.
120m revenue this year
150m Mcap
30m cash

[bleepy] 23/7/2020 09:06

Conroy Gold issues flash note...

hxxps://www.conroygoldandnaturalresources.com/sites/default/files/Conroy%20Flashnote%202020_07_21_0.pdf

[qazwsxedc69] 23/7/2020 09:05

pretty rare that HL will let you sell more than 30k online, but at the moment they will take 50k......

[wanobi] 23/7/2020 08:59

POG - UP 11%,,,, at last a stock has gone up with an RNS that I have called right,,, progress made Wan LOL,,,, :-) Cheers Wan :-)

[mattjos] 23/7/2020 08:56

This has got to be worth more than £1.35 / share now.Gold is so clearly in a huge bull market & its price makes a complete mockery of all the AAZ forward coverage.The deal with Conroy has absolutely huge upside potential with virtually no downside just now

[gold finger 1] 23/7/2020 08:52

Sold for 2 pound? not a chance.

[mad foetus] 23/7/2020 08:46

Agree with that gutter. And also going into the dip down is hugely significant...really hope we get more news on this shortly. Worthy of it's own detailed RNS imo

[wanobi] 23/7/2020 08:44

SYM - and down she comes,,, headed back to just 100% UP !!!,,, I'd take 100% up in AAZ today LOL LOL,,, Cheers Wan :-)