Anglo Asian Mining Share Discussion Threads

[mattjos] 06/12/2018 12:41

what a gift .. thank you

[jimbowen30] 06/12/2018 12:38

It's a golden opportunity... pun intended :) I still have some spare cash so will keep adding on any further weakness.

[mad foetus] 06/12/2018 12:37

Can only get 1k online and being quoted 91p

[2sporrans] 06/12/2018 12:36

+ another 6k at 89.475

bring it on

sw put was around 87p after all so my weighting goes up.

[2sporrans] 06/12/2018 12:27

me too jb.

6k at 90.75p.

think thre's extra selling on account of general sell off; cash raising .... to cover positions elsewhre, rebalance into cash or whatever.

[mad foetus] 06/12/2018 12:25

Well done Jim, I'm looking for cash while the sale is on!

[jimbowen30] 06/12/2018 12:24

Despite the poor market, have just topped up with another 10k....

[bumpa33] 06/12/2018 11:43

whilst i'm pretty bearish on most things, i'm not yet convinced the market will crash - whilst there's certainly pain out there, there's not panic. Yet.

[bumpa33] 06/12/2018 11:41

short CHAL at 0.2 - out @ 0.168. Beer money only really...

[bumpa33] 06/12/2018 11:40

christ - MTL now down 67%

[bmcb5] 06/12/2018 11:19

Nice thread this. Well done Wanobi

My portfolio is (I think) positioned for a downturn, but I am still fully invested. I have about 20% in various gold/silver/copper producers, and most of the rest is in uranium (both physical and producers).

I obviously believe that those plays have upside, but am expecting short-term pain if the markets do what i think they will.

I am struggling with reconciling the two main thoughts in my head; 1) markets are going to crash, and 2) uranium producers are set for a major bull run. I am conflicted, and really not sure whether to cash out and wait, or hold on.

I have no need for the cash in short or medium term, so I'm inclined to ride it out.

But I'm really not sure

[wanobi] 06/12/2018 10:55

YIKES, I see what you mean, my timing was pure luck, no judgement whatsoever, just trying to get those rules to work for me and MTL did not fit them.... Good luck with your wall today,,,, that's proper graft NTV, respect.... cheers Wan

[ntv] 06/12/2018 10:50

Well done Wan good timing
shame you didn't reverse
Still long a couple of gold miners
surely this has to breakout
Shame you didn't have a short in place, difficult in smaller caps
Out to do some brick work as replacing wall on old conservatory as it had no proper footings etc. Don't want any wind for the next couple of days is i have no wall in the direction of the prevailing wind but i still have a big roof that i don't want to lose!!
I shall be using a stronger mix than TW.
Their subby's mix is a bit lean and mean for me!!

[wanobi] 06/12/2018 10:37

hmm, sounds very bad that Bumpa, cheers Wan

[sportbilly1976] 06/12/2018 10:15

DOW pricing down 500 points currently on IG..

[bumpa33] 06/12/2018 10:04

good timing wan!




this ain't good.

[wanobi] 06/12/2018 09:55

yes, I sold my MTL yesterday, cheers Wan

[bumpa33] 06/12/2018 09:47

FCAP continuing to be propped up by, who else but FCAP. Can buy in size almost at the bid. If PB punters get nervy...

[bumpa33] 06/12/2018 09:45

the market for sure is looking very shaky, if we test SPX 2600/20 again it'll be the third time and i suspect this time the level will go. But we're not there yet...

[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