Anglo Asian Mining Share Discussion Threads

[wanobi] 17/6/2019 15:06

TSG RNS - 17 June 2019
Result of General Meeting - Shareholder approval for Buyback
Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold producer in Russia, is pleased to announce that the proposed Buyback of shares from UFG Private Equity Fund l, L.P and Destin Investment Management Limited has been approved by its shareholders.
The Resolution to approve the Buyback was duly passed at the Company's General Meeting held at 11.00am today.
Capitalised terms used in this announcement have the meanings given to them in the Circular issued by the Company on 23 May 2019. This document is available on the Company's website at

all looking good now:-)
Cheers
Wan:-)

[riggerbeautz] 17/6/2019 15:00

Fortunately I’m one of those AAZ multibaggers enjoying the divi and I’ve Bumpa to thank......pint in post.

[brasso3] 17/6/2019 14:58

Not sure what to make of this website. I came across it earlier on another ADVFN thread:-

[ilostthelot] 17/6/2019 14:46

Looks like the chart has broken the upper resistance trend line. So almost into unchartered territories. Just the ATH to breach now.

[mattjos] 17/6/2019 14:40

Yes, about to say, that is a helluva turnaround in Gold today .... I cant see 1350 holding for too much longer..Personally, I believe it broke out at 1332 and briefly re-tested the level last week so as far as i am concerned the bug run is now underway. A break of 1350 is the 'add to existing position' in my book.Waited a long, long time for this .... for me, it's going to a minimum of 1680 on this run but, that is a minimum for me .. could well go on to break out well past 1900 and into the 200+ range this next 18-24 months.

[podgyted] 17/6/2019 14:32

Gold on a tear up to US open

[brasso3] 17/6/2019 14:26

Extract from Q1 update:-

The Company sold 279 dmt of copper concentrate in Q1 2019 for $0.7 million compared to 3,774 dmt for $6.1 million in Q4 2018 (excluding Government of Azerbaijan production share). Sales were significantly lower than production due to logistical issues of the off-taker which are being resolved.

We have around $5m of copper sales to bolt on to Q2!

[mattjos] 17/6/2019 14:19

Indeed Brasso.Hoping we get to hear some more about that annotation on the map, referred to as "Ugur 2" any time now.... from past experience, Reza & co will not hang about for months & months .. extend the existing Ugur haul road 2-3kms & get cracking on it asap will be the form.

[wanobi] 17/6/2019 14:18

Hear hear,,, I certainly owe them big time for posting their research, findings, the trip over to the mine and so on.... once again, many thanx guys, cheers Wan :-)

[sportbilly1976] 17/6/2019 14:13

+1 for that bwana

a few LTH's will see c.100% dividend yield this year alone from some purchases

[brasso3] 17/6/2019 14:04

Just realsed that we are also less than 4 weeks away from Q2 update which will have very respectable numbers due to the high gold price and the copper from Q1.

[laurence llewelyn binliner] 17/6/2019 14:04

22,825 in the 1st auction matched @109p
5,000 in the 2nd auction @ 112p

#JB2 I had a chuckle at your 120p prediction by the AGM, that would be very nice indeed.., and now it is in sight so you might be right yet .. :o)

[podgyted] 17/6/2019 14:00

Buying at 114.5 - sells seemed to have dried up at the mo.

[brasso3] 17/6/2019 13:54

Surely an RNS on Thursday morning.

[wrighty46] 17/6/2019 13:53

Good volume again. 50k also gone through on nex today.

[mad foetus] 17/6/2019 13:47

I said a couple of months ago that there were three hurdles we needed to cross before we could move towards a fair valuation. Getting decisively over £100m market cap, getting the share price over £1 and getting the spread to sensible levels. At the moment, we are there on all 3, let's hope it becomes a virtuous cycle from here on. Add some exploration news and it will be happy days.

[mattjos] 17/6/2019 13:44

0.9% spread

[callmebwana] 17/6/2019 13:43

My very big CONGRATULATIONS to the LTM holder on the other thread.
I bet some have become very wealthy with their investment in AAZ. Well done for doing your DYOR and having the bottle to continue to buy in.
I too am not doing bad either.
ATB.

[mad foetus] 17/6/2019 13:42

Lovely to see people paying 113, was only a few days ago when £1 seemed like resistance. Things don't move at all, then they move very quickly.

[mattjos] 17/6/2019 13:41

Pressure keeps building on POG. Can't see Trump allowing Iran to continue too much further down this particular road.

[king suarez] 17/6/2019 13:41

Makes sense CMB - does that mean you're monitoring RNS releases every morning, hoping to get in before the crowd? (as Bumpa appears to be able to do!)

Seems like you either need the market access to be able to buy pre-market open, or if it is a midday RNS you have literally mintues to buy in before being spiked?! News doesn't seem to take long to hit the traders..

I just don't see how it can really work, unless you are either gambling or have some inside knowledge.

Bad luck with RENE - how did you react psychologically to that? I wonder if a missed rocket is harder to deal with than taking a big loss. Psychology says the losses are harder to take than the misses?!

[someuwin] 17/6/2019 13:40

Looking very strong today.

[callmebwana] 17/6/2019 13:20

KS, I will give you a very good example from my investments in Pharma.
I held RENE for years and years. I got fed up and sold out, 3 weeks later it rocketed up. Good job it was only a small investment. I have stated before, they take years and years before they bear any fruit,that is if you are lucky. That is why I don't invest in them long term anymore.
With AGL, I will only invest,if they get the FDA approval. Try and catch the RNS at the right time and future T/O prospect.
In certain cases I may have a punt,just like Oil discovery Co's too. No more long term investment in these sectors for me.

[king suarez] 17/6/2019 12:21

I've looked at pharma co's in the past but it all feels too much like gambling to me.

Potential to strike it rich with successful drug trials etc, but very binary - and if it doesn't work out just lots of dilution?

[callmebwana] 17/6/2019 12:12

S.Billy, if they get the FDA approval then I don't think they would be on the shelf for long. Big Pharma will buy them out. I just thought I would mention it, one to keep an eye on. I have many Co's on my watch lists from past investments and new ones.
I do dabble in some for short time profits.
The Pharma Co,s do dilute share holders quit a bit. I would only buy in, if I think they get the FDA approval. The idea being, to catch the RNS at the right time.
ATB.