Anglo Asian Mining Share Discussion Threads

[ironstorm] 06/6/2019 07:59

Jb2 I am with you. My 3 goldies over 50% of my pension. Supposedly very high risk. But what can you do they keep going up!

Squeaky bum Time for me.

Aaz looking very well placed for more. Been in since 30 all the way down to 5 and now back up. Adding throughout. Now holding.

[oakey1] 06/6/2019 07:42

Knowledge required....30 g/t at 40m au has been called bonanza grade mineralisation over at AAU.....doesn't sound a lot to me if gt means grams per tonne but I'm a wood butcher and don't know much about rocks....is it good?
Thanks in advance
Oakey

[bumpa33] 06/6/2019 07:40

morning - DISH and MTFB look like plays first thing.

[wanobi] 06/6/2019 07:39

Good morning all and good luck today;

thanx cmb, AMC still a watch for me right now :-)

thanx Rb, GCM, so frustrating, HL online won't let me buy in my SIPP :-) grrrr

thanx hbr, BIDS, just too hot for me to buy now :-) well done for average price, that's a nice cushion should it crash back as fast as it went up.

AAZ link by Mj today to stockopedia dividend analysis is a must read (thanx mj) :-)

Is stockopedia worth subscribing to?
Do people rely on things like the F & Z scores?
I have a trial at moment, it runs out tomorrow though :-)
Is it worth £168.75/year first year only deal ?

Cheers
Wan :-)

[jbravo2] 06/6/2019 07:22

Thanks JW. Kind of you to say so.
I've recommended AAZ to various people at the places I've worked the last few years.
Quite a few bought in and needless to say they're all delighted.
The earliest one has an average buy lower than mine as I've continued to buy more. They're all still holding. Not one doesn't understand where this is going.

@LLB... yep as I've posted previously, I reckon 9c for 2019 too.
Anyone buying now and holding for 13 months could get 13c divi AND a capital gain. I mean we'll earn so much over the next year it's not possible there won't be a gain.


Re those posting for the next AAZ.
Each time I look around for alternatives I find they're not as good a prospect as AAZ. So I try to find something to buy and spread my risk by diversification but possibly increase my risk of mismanagement or dilution etc etc.
AAZ it is then. Clearly my strategy is perceived as very high risk. And investing in many shares or in "safe" funds such as Mr Woodfords is a sensible way of spreading ones risk. Turns out that those mega brains investing gurus don't know it all though.

[homebrewruss] 06/6/2019 06:57

Rigger, agreed re BIDS, my average is just above the placing price so feel I should have time to get out if it all goes pear shaped.

[riggerbeautz] 05/6/2019 23:26

Bids takes me back to companies like PDX, MDY etc ride it whilst hot, but get out of dodge if the model doesn’t deliver.

Wan GCM.t inching up into the 3.70’s now. Took my profits in ROXG average of 23% over made up for my so called play safe DRV and SMDS stops being busted. Note to self, stick to higher risk plays.

[mattjos] 05/6/2019 23:00

Stocko peeps finally picking up on AAZ:

[wanobi] 05/6/2019 20:27

HUR chart, breakout back-test in progress :-) GLA Cheers Wan


free stock charts from uk.advfn.com

[mad foetus] 05/6/2019 19:57

I went to the HUR AGM today and it was interesting in a couple of ways. Firstly the turnout was around 150, far in excess of previous years or their expectations. Second, I spoke to 6 or 7 investors after and most did not use ADVFN and those who did were lurkers. I've assumed most PIs in AAZ were here, but perhaps not, in which case they are missing out but also the free float may in practice be even lower than we thought. The numbers at the AGM here will be fascinating to see: HURs market cap is 10/12 times bigger so we can't expect to compete directly!

[mattjos] 05/6/2019 18:24

Gold has gone a bit too far, too fast for my liking just now. It's just telling us where the smart money is going to be.Would rather it backed & filled for few days just under 1300.Quite sure that the AGM statement will be very positive followed by a strong Q2 to put us on target for possibly exceeding FY guidance. Just be patient

[brasso3] 05/6/2019 18:22

People are too impatient!

AAZ has gone from 80p to 100p in a month.

Every bus has to stop periodically to let passengers get off and new ones get on.

I cannot see many people selling next week.

[mad foetus] 05/6/2019 18:20

I think the dividend will be significant. I doubt the share price will fall back to reflect it and imagine a fair bit will be reinvested. £1 was always going to be a big barrier, round numbers always are, but when it falls there will be zero resistance above

[podgyted] 05/6/2019 18:17

100p is a massive psychological problem here. I can only see it happening with the Q2 update and further exploration details. So we'll have to be patient.

[joey wilson] 05/6/2019 17:40

Nice little 6k bonus coming my way by end of the month. Matt and Jbravo and Terropol's and othets confidence cannot be under estimated. Thanks to all. Even my personal financial advisor has joined the club from 72p. Im earning more than him through St James Place.

[joey wilson] 05/6/2019 17:23

This is the down before the up. AAZ has always done this. Especially when there is buying and the share price doesnt move.

[jaspoland] 05/6/2019 16:30

Cinoib, It's down .5p. No big deal. Suggest you turn off your PC and have a glass of something strong and chill

[cinoib] 05/6/2019 16:22

Down, what the hell we doing down, just cause gold is off the top the share price drops, would be ok if it had gone up first like all the other goldies and are still up.

[homebrewruss] 05/6/2019 15:23

Yes, SRB very tightly held it seems and therefore not so easy to trade.

[sportbilly1976] 05/6/2019 15:10

SRB I think (from a very quick read of the thread) is even more illiquid than here...seems to have been hit with a seller recently

[homebrewruss] 05/6/2019 14:58

Anyone looked at SRB?
looks undervalued. Big jump up today but could have plenty more to go with gold on the up

[sportbilly1976] 05/6/2019 14:57

Mike Ashely's pursuit continues....GMD bid made

[wanobi] 05/6/2019 14:54

TXP - pictures on twitter; The cellar and foundation for the drilling rig has been cast for our COHO-1 well :-),,, shame about POO but so long as drill goes ahead and is successful it will matter not for now :-) cheers Wan

[cinoib] 05/6/2019 14:31

LeOnard, only interested in the present SRB is doing the stuff just now up 28%.