Anglo Asian Mining Share Discussion Threads

[someuwin] 03/6/2019 22:38

So, I'm absolutely maxed out with AAZ now. Any other interesting Gold / Silver stocks out there I should be looking at?

[riggerbeautz] 03/6/2019 22:30

Didn’t want to let the dollar go below 97 did they, bust that and things could get feisty.

[mabel 123] 03/6/2019 22:22

Brasso,



This is the link to a very reputable seller from UK and there is no VAT.

The site is owned by snurkle who has been a regular poster on the AG board for many years and the service is excellent.

Her prices are very competitive.

Hope this helps.

mabel

[mattjos] 03/6/2019 22:14

Thanks Bozzy … hopefully a few now see that charts are useful.
It seemed blindingly obvious to me as soon as that last gap closed on 21st May.

I've probably studied far too many charts but, eventually, you do move along the stages from unconscious incompetence towards unconscious competence.

Let's see now if it gets up to my target price around Jan 2021 .. in the interim, AAZ should keep chugging upwards and rewarding the patient investor.

[laurence llewelyn binliner] 03/6/2019 21:57

The Macro economic indicators are all lining up now aren't they for us to see, Bloomberg is all over FED rate cuts looming near, more stimuli, deflation, safe haven metals doing what they do, and Silver can come storming back, it was 3 fold on where it is now in 2012, that story is going to get really interesting..

Bring on tomorrow.. :o), POG still $1325 last time I looked..

ExDiv 3 weeks off, Q2 production figures 5 weeks off, Explorations updates could be any time..

[bozzy_s] 03/6/2019 21:30

Mattjos, brilliant call last week on gold turning. After months of sideways / downwards movements I wasn't convinced. But £980 to £1045 in a couple of trading days is amazing.

AAZ still cheap at 100p. Maybe even stupidly cheap, like when they dropped into the 30s last year despite announcing intention to start divi payments.

Hard to believe that was just 9 months ago. Could've bought at under 40p 9 months ago, knowing the company was about to start paying dividends. Many of us did!

Loads of buying since Friday. We've even seen the hapless house broker issue an updated note. And the shares change hands today with a competitive 1p spread.

As expected those FY results have propelled a share price rally. Looks great having a P/E of 8.8 show up on ADVFN. 2019 looks like being slightly better than 2018. So trading on current P/E of 8, yielding 5.53% at today's price, net tangible asset value of 57p per share including 10.2p cash.

Add 5 months net cashflow to December's balance sheet. Outstanding value, even after gaining 150% in 9 months.

[homebrewruss] 03/6/2019 21:15

Hmm, I defer to Mabel..

[brasso3] 03/6/2019 21:08

Those prices seem to include 20% VAT.

[homebrewruss] 03/6/2019 21:06

A few options for silver Britannia's were posted a while back. Mabel posted this link in 21752

Apparently no VAT charged.

[brasso3] 03/6/2019 20:45

I have noticed over the last few weeks that there seems to be a shortage of 10oz Scottsdale bars. Bullionbypost have not had any stock for around 3 weeks now.

[brasso3] 03/6/2019 20:40

There are some reputable sellers on Ebay that I use to avoid the VAT. I tend to only buy the Britannia coins from UK sellers. If I buy 10oz Scottdale bars then sometimes there are better prices in the USA.

You obviously have to test on receipt for weight, dimensions etc.

I also have a Neodymium magnet to check for any magnetism. :)

[mattjos] 03/6/2019 20:37

where from Brasso?

[riggerbeautz] 03/6/2019 20:36

Wan my simple take on charts, GCM.t has just broken out of a downtrend since March. As for Bonds no, in the same way I tend to steer clear generally of warrants too.

[brasso3] 03/6/2019 20:31

I picked up 100 x 1 0z silver Britannia coins last night towards the 'Zombie Apocalypse collection'.

[brasso3] 03/6/2019 20:25

Gold now at $1327.

[bumpa33] 03/6/2019 20:25

You can’t win em all cmb, thanks for reminding me though ;)

[jbravo2] 03/6/2019 19:18

Yep, seems like it's all lined up for this to motor to 1.20.
We could be headed for a nicely timed pre AGM RNS later this month.

Last calls.

All aboard.

[callmebwana] 03/6/2019 18:55

Bumpa,I just thought I would remind you. LOL :0) When I checked the chart on it earlier today, it was way overbought. Wishing you luck there.

WOW!! ...Gold price at $1330.75 it has the good wind behind it. LOL :0)

[mattjos] 03/6/2019 18:53

Bullard now admitting the inevitable:

"The Fed may need to cut interest rates to prop up inflation, says St. Louis Fed President James Bullard.

It's the first time a Fed official has publicly suggested the need for a rate cut since the central bank put rates on hold in January."

They have waited for far too long already though and so will have cut deeper and faster to get ahead of the contagion.
China has already released a stimulus measure … the other protagonist will soon do same as a sign of 'strength' in the slugging match

[podgyted] 03/6/2019 18:46

Gold within a whisker of $1,330 in US.

NASDAQ taking a pounding.

[bumpa33] 03/6/2019 18:35

Cmb - yes seen RBW, missed it on the way up, will look for an opportunity to go short if one presents itself...

[tickler] 03/6/2019 18:31

Thanks wrighty yes the 5829 is mine