Good post Wan. Looking at the trend the share price was getting ahead of itself when it bounced off £1.20 but it looks like with the right newsflow as expected it should sail through that resistance?
Do you not think that the reason the share price is just over £1 is due to lack of cash? Something that’s going to change very quickly given the high commodity prices and the ramp up in production? |
Nicely explained wan.
A profit of over $100m is easily envisaged. As you allude to when each share is making a buck in profit the share price won’t be anywhere near £1. Some people will wait for the company to prove it… you pays your money you takes your choice. |
 Any time I get a bit too bored with the waiting, I watch this,,, again & again....
Each time, I end up dancing around my living room by the end of it :-) :-)
Measured & Indicated assets, value in the ground => $5.5Billion...
(MCAP at $129m)
AAZ should end up with a multi billion $ portfolio...
21 June 2024 - Anglo Asian Mining's path to boosting copper and gold output...
how on earth the share price is still where it is,,, is totally beyond me :-) :-)
to anyone looking in, for all the stocks we discuss here, please do take half an hour to look into AAZ, by simply watching this!!!
It might just have the potential to change your life :-)
(NIA, please DYOR,, I am not qualified to give stock recommendations, I am an amateur, novice LT private investor with no professional experience in this area)
"currently we have around 400,000oz of Gold in the portfolio"
Cheers
Wan :-) :-)
& don't forget, "the trend is your friend" :-) :-)
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com
free stock charts from uk.advfn.com |
Good morning all, Cheers Wan :-) |
""There can only ever be 21 million coins issued. Of which 19.95 million have already been created so only about 5% are left to be mined around the whole world. The supply is guaranteed to keep diminishing in line with the algorithms, with the last coin estimated not to be mined until 2140. Can't think a better asset to have at least some of your money in.""
I understand,,, but, why, if, another BTC is set up with say, a max of 10 million coins, to be issued by 2350,,,, same algo, different end goal & timescale etc,,, would investors not move from BTC to BTC2,,, I just don't get it... soz :-)
night all :-)
Cheers
Wan :-) |
one day the chickens will come home to roost.......
night all :-)
Cheers
Wan :-) |
😜😊😅😂 8077; |
One last thing, a lot of people - often young though not always - mistake price for value. It’s a potentially big mistake to make in this game, and indeed life. |
I totally agree with your sentiment Bumpa.
I love the way you express yourself. 👌👍
Oh' I have just poured myself a bit tot.
I will lift the glass to you Bumpa.
ATB. |
Bumpa' I really enjoyed that second link you put on regarding
Vance 😂 |
No M/F it is the old peoples logic !!
Don't buy anything you can't touch and feel.
Regarding feel !!! I won't go into that.😂 |
It's like Mr angry from the old Steve wright show |
 Seeing as its the weekend. And seeing as how some posters here keep bringing up the subject of Bitcoin (mainly to tell us all how much they disbelieve in it)…
Lets look at the long term chart, going back to the start when BTC was just $0.29. Logarithmic scales show the trend well...
Having hit the bottom of the channel in 2023 it's climbed back to the median. History shows that the following rise up to meet resistance is usually at a faster rate.
My guess is that this will most likely occur at the start of 2026. That would equal $511,000. Or a 5 bagger in one year from now...
Of course, It might be slower and not hit until a year later. That would equal over $700,000. Or a 7 bagger in two years.
The chart also shows that you'd be better off selling out for a couple of years after each peak before getting back in. But overall the trend is clear to see.
Further out you can see it hitting $1 million in 2028 and $10 million per BTC by 2040 - which would be a 100 bagger from here.
There are none of the uncertainties inherent in stocks and metals. Just supply and demand. There can only ever be 21 million coins issued. Of which 19.95 million have already been created so only about 5% are left to be mined around the whole world. The supply is guaranteed to keep diminishing in line with the algorithms, with the last coin estimated not to be mined until 2140. Can't think a better asset to have at least some of your money in. |
Guys' let's see what News we get from the Co. This month.
Also if that News affects the shareprice.
I personally am not in any rush,there is plenty news due in the pipeline so I am well relaxed about my investment in AAZ.
Oh' Brasso' I have nothing against people that hold Bit Coin investments. I wish them all the best.
I personally would not ever be tempted to invest in something that I don't believe in.
GLA in whatever you have your investments in.
ATB. |
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