Anglo Asian Mining Share Discussion Threads

[callmebwana] 04/7/2020 18:01

Yes Wan,the Chart looks good. The CEO has gone now. It is a question of how one views the current interest into the Co. by old shareholders and newbies,the reason I first mentioned it,was the trend in the Chart. A whiff of bad news and one can get locked in,unless one exercises a tight stop loss !! The case against the Co is in the USA and from my past experience they do punish the Co's that have done wrong knowingly. Ricket Benckiser have paid the big amount $1.3 Billion of negotiated compensation and have walked away. Will they now punish INDV or will they make a negotiated settlement with INDV. I will read up some more RNS's on LSE and I will give you my view tomorrow. I did not want you to rely on the Chart alone because they have Dr.Ready that are making generic medication that are much cheaper. Now where is Stig ?? He would know a bit about this lot. Enjoy a beer or two tonight and if you have free time do some DYOR on it. ATB.

[onedayrodders] 04/7/2020 17:38

Hey Wan .. how about a bit of fun for the regulars here with "Share of the Week" Each poster names their ticker before start of business on Monday 7am. and confirms gain or loss % close of business following Friday. I'll kick off with ECR ODR

[wanobi] 04/7/2020 16:47

no problem cmb and thanx for mentioning it,,, In that case, I'll spend no time on it, but, the chart does tell a story of renewed & growing investor confidence in it,,, wonder how many understand the situation as you've described,, let's hope they do and still see good reason to invest,,,, Cheers Wan :-)

[mad foetus] 04/7/2020 16:35

If Peter Schiff manages to get through this year without spontaneously combusting it will be an achievement. He's worth listening to, as a reminder of how right wing mainstream America is as much as anything else. Slavery reparations seem to particularly trouble him right now.

[ramellous] 04/7/2020 16:31

Peter Schiff podcast worth a listen.. he’s more bullish on gold every time.. hTTps://youtu.be/vC0vqpBVo34

[callmebwana] 04/7/2020 14:42

Wan,after doing some more digging I will stay away from INDV. The balance between gain and loss !! If the case goes against INDV there is more risk of losing big then making gains at the moment. I will for sure keep an eye on it in the near future. Thanks for your charts. ATB.

[callmebwana] 04/7/2020 09:03

Wan,it is very long story about INDV. It used to be part of Ricket Benckiser. To put it very shortly their drug made people addicted to it instead of treating them. The current director is going to serve a prison sentence and a fine of $600K in the USA. Ricket Benckiser has already paid a fine of $1.3 Billion. INDV has saved a war chest of $650 Million to pay another fine. It is an independent Co now,Ricket BK play no more role in INDV. The trail is in September sometime. What would be the outcome there?? That is the $64 question. DYOR is a must. It was KS who mentioned it on here quite sometime ago. I did make money in INDV but sold out. I just happen to look it up again a couple of days ago NAI. Have a good weekend all and stay safe. ATB.

[droyden] 04/7/2020 08:41

htTps://www.investegate.co.uk/indivior-plc--indv-/rns/indivior-sees-fy18-guidance-below-expectations/201807110700052707U/ Looks to be the reason for the start of the decline

[wanobi] 04/7/2020 08:38

Good morning cmb, good morning all,,, many thanx cmb,,, recent chart looks good,, do you know what caused those big falls in the past? as it's bio/pharma I guess expectations around trials/approvals that didn't come off etc etc ?? As you say, more research required Wan !!!!! LOL cheers Wan :-) free stock charts from uk.advfn.com free stock charts from uk.advfn.com free stock charts from uk.advfn.com

[cybernest53] 04/7/2020 03:56

Katsy... "I'm not sure a virgin always knows what they want!!" I'm sure you're totally right. One always welcomes the voice of experience on this board! ;) Incidentally, ICYMI... this from Bank of America: "Bank of America recently upped its forecast for gold over the next 18 months to $3000 per ounce. “If you put the three together – extremely lax fiscal policy, extremely lax monetary policy, and a huge increase in bank deposits,” says Francisco Blanch, head of derivatives research at the Bank of America, in a Bloomberg interview yesterday, ” I think there is a pretty good chance here we will see a big rotation into gold driving prices a lot higher. Investors are confused. They do not know what to do with their asset allocations and I think a lot of them will choose to go for the yellow metal as an alternative to cash in their portfolios … and by the way when I say investors, I don’t just mean retail investors, I also think institutional investors are going to make that choice.” Blanch forecasts a return of inflation pointing out that the Fed has “done in 18 days what it took almost nine months to do in 2008 and 2009.”" ~ Source: hTTps://www.bloomberg.com/news/videos/2020-06-29/gold-runup-driven-by-political-hedging-fiscal-deficits-sprott-ceo-video

[callmebwana] 03/7/2020 18:29

Hi guys, INDV is looking interesting to me. I did make profit from it a while back. Nice trend set in so far. Could be profit in making a trade there. NAI and please DYOR. ATB.

[wanobi] 03/7/2020 17:12

CNG - very pleased they've admitted their RNS error,,, rather important to do so!! Cheers Wan :-) 03/07/2020 4:28pm UK Regulatory (RNS & others) China Nonferrous Gold (LSE:CNG) Intraday Stock Chart Friday 3 July 2020 Click Here for more China Nonferrous Gold Charts.TIDMCNG The following amendments have been made to the 'Update on Reporting Timetable' announcement released on 29/06/2020 at 11:28am. "The Company's loans remain in excess of US$109 million" has been replaced, for clarification purposes, with the following: "At the current time, loans drawn down by the Company amount to c. USD$341 million, this includes US$104m of banking facilities (unaudited)."

[wanobi] 03/7/2020 17:12

AVCT, yes, very interesting that dd :-) Cheers Wan :-)

[droyden] 03/7/2020 16:31

Small spike on avct within the last 10min

[onedayrodders] 03/7/2020 16:05

Brasso .. yep ECR could be the play of the week next week Newmont and others confirmed by CEO circling for deals in a highly prospective safe region excellent

[wanobi] 03/7/2020 15:15

yep, falling asleep here, so off for the weekend early :-) LOL,,, long walk to the fridge, cold beer and a quiet sit in the garden for me.... wishing you all great weekends and many thanx for all your posts, suggestions, support, idea's, shared experiences this week... much appreciated by me and many others of that I'm sure,,, cheers Wan :-)

[11_percent] 03/7/2020 15:12

"may as well be a global holiday" Indeed......nothing happening. Do wonder about PUR though. On Monday…..as few buys and it went mad...…...today, we get the buys = nothing.

[brasso3] 03/7/2020 14:22

ECR ticking up again. I can see that hitting 1.5p with the expectation of a JV in the coming weeks.

[katsy] 03/7/2020 14:22

I'm not sure a virgin always knows what they want!! I'm surprised this hasn't appreciated at all for the whole of 2020 despite the gold price climbing substantially and oil costs dropping. When the rush for gold from the herd really starts then I suspect this will begin to motor again like last year.

[onedayrodders] 03/7/2020 14:18

Friday + US holiday = DULL may as well be a global holiday yawwwwwnn

[gold finger 1] 03/7/2020 14:14

Its good to see that the seller and the buyer have ramped things up a lot over the last week or so. They are like a couple of virgins, both know what they want and will get there in the end. I wonder if they know we are watching from the sidelines?

[cinoib] 03/7/2020 13:20

dp, don't forget the Irish, the germans and the Japanese for good messure.