Anglo Asian Mining Share Discussion Threads

[bumpa33] 06/12/2018 09:43

NTV - neither short/long MTL, just mentioned it as i think wanobi did the other day.

[totana] 06/12/2018 09:41

I'm expecting a massive sell off on the Dow over the coming months, I'm keeping my powder dry.

[ntv] 06/12/2018 09:22

Bumpa33
were you are you short re MTL

[wanobi] 06/12/2018 08:56

welcome Totana, thanx for posting, you may well be right but to me it looks right now as if it's trying to decide which way it's next move should be,,,,, (listen to me, I speak of a stock as if it's a living creature, lol)…

maybe, there are a lot of very wealthy paper AAZ investors out there who had the mindset to sell something at around 100p and why not, good on them..

FA'wise we all think it's undervalued, so from that viewpoint you ae correct.


Cheers

Wan

[bumpa33] 06/12/2018 08:37

got rid of a few FCAP

[bumpa33] 06/12/2018 08:37

MTL down 30%

[totana] 06/12/2018 08:35

Hi Wan, regarding aaz, I don't think rule 7 applies at this time , more rules 10 and 13, basically do nothing or add.

[wanobi] 06/12/2018 08:29

AAZ - rule 7 right now :-) will its next move be up or down ?


free stock charts from uk.advfn.com


Cheers
Wan

[mad foetus] 06/12/2018 08:21

The chart is starting to look very squeezed, got to break soon and surely it will be up.

[wanobi] 06/12/2018 08:11

nice move NTV, will be watching your trade to day, cheers Wan

[ntv] 06/12/2018 08:07

TW. mortar falling out of the walls of their new homes on BBC news
gone short

[wanobi] 06/12/2018 08:05

VRS - another customer on board today, that's great news for holders, GLA, cheers Wan

I bought at 120p and sold at 116p approx...

[wanobi] 06/12/2018 08:03

thanx bwana, I was also struggling mentally holding 10 AIM stocks, too much to think about, happier now with a smaller number and some funds back in cash... I'm sure some of those stocks will be very good in time and I may well add back another 2 at some point so i'm looking at 5 not 10.... all very much a learning process right now..

Cheers
Wan

[bwana4] 06/12/2018 06:04

Wanobi,it all depends on ones risk factor in the market.
I am to a very large digree a gambler. The gamble is always calculated by me.
I will hold AMC for as long as it takes. I wish you luck with your holdings.
I think it is a good idea for you to hold cash.The Market is wobbly at the moment.
ATB.

[bumpa33] 05/12/2018 23:04

Es_F opens 40 points down...

[bumpa33] 05/12/2018 22:48

for the balanced view...

[mattjos] 05/12/2018 20:22

16 more trading sessions left before end of Q4 .. the window for the Gadir JORC is obviously narrowing & similarly taking us closer to Q4 Production figures.

stock still under accumulation both during the day, during the auctions & after hours.
The longer 95-96 persists as resistance, the stronger it will prove as future support.

weather & temperatures have remained mild.

Heli-survey must be just about completed now. Data beamed back to Canada each day rather than in one lump at the end of the process so, I would expect Geotech to have begun its data model pretty much as the survey started on the N/S axis and then the E/W axis will add further datum points & refinement during the second half of the process.
With the known Gedabek/Gadir/Ugur/Gosha reference data, I do not believe there will be too long a lag between survey completion and final data model handover .. particularly as the contract payment will be staged and loaded toward completion milestone.
Areas to disregard will be quickly identified & so more focused, ground-based, follow-on exploration will be highlighted and form the framework for intensive work from Spring 2019 through Autumn 2019 but, the winter months do not completely preclude targetted surface drilling or underground exploration & with their own labs and scientists on site we can very quickly get some first blush results if the heli-survey throws up some local, near-surface / near tunnel quick-wins.
We've never hung around before on this sort of thing .. one of the benefits of a small, knowledgeable & nimble management structure.
John Monhemius will be just as excited as Stephen Westhead & the rest of the team.

[wanobi] 05/12/2018 16:31

lots of dry powder ready now Bumpa, just in case you are right and things get really bad, very quickly, cheers Wan

[wanobi] 05/12/2018 16:27

okay, so back to just 3 stocks for now, here's a chart sanity check :-)


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com



free stock charts from uk.advfn.com


cheers Wan

[ilostthelot] 05/12/2018 15:06

95p buyers will be looking for £2+. So stronger hands take the shares.
At some point there will be a decent pull back of 20% or so to try shake out the weak holder's. Imho. Who knows when!!

More likely it will go up given its almost clear skies ahead on the chart after the Pivotable all time high 120p.

Momentum traders Likely to jump on the band wagon then.

[ilostthelot] 05/12/2018 15:00

No harm in taking profits. That's the name of the game after all.

I sold some at 30p. Which i bought back at 50p.

My fair valuation today is £2.40. I honestly think AAZ has done enough now to merit a premium rating. So i am holding for over £2.50-£3 where i will sell some and reassess / trade more.

[wanobi] 05/12/2018 14:30

ORM taken a hammering today, big seller wants out it seems, cheers Wan

[wanobi] 05/12/2018 14:23

100% agreed KS, I have to do these things to learn and just because I've sold now doesn't mean those stocks are off my radar, I can always buy them again etc.... I have no problem making mistakes so long as I'm making money in the long run... thanx, cheers Wan

[king suarez] 05/12/2018 14:17

Hi Wanobi,

I think knowing intellectually how to approach the market is one aspect, but mastering your emotional response to trading is another - and that requires knowing oneself (convictions etc) and ones risk tolerance (through experimenting?).

I think those things you can only learn through practical experience?

Think you may be a bit short sighted in your sale of STCM as the price hasn't really changed much since you bought and it is quite an illiquid stock - I continue to hold my position as I like the prospects.

KS

[sportbilly1976] 05/12/2018 13:42

Gold had an early test of the $1235 resistance as support and came off that well...onwards now to $1250 and up