Anglo Asian Mining Share Discussion Threads

[mattjos] 19/6/2019 21:18

Breakout now confirmed … strap in chaps for what is going to be a wild, wild ride in gold

[mattjos] 19/6/2019 21:14

Set up don't get much better than this, imo:

[doc_oj] 19/6/2019 21:12

@23254: that is harsh.
Oh come on, thumbs down?

[wanobi] 19/6/2019 21:10

indeed MrR, I did think about it earlier and then thought I'd leave the Oct one there just a little longer to remind myself of how right it was/is :-) cheers Wan

[mr roper] 19/6/2019 21:03

Gold touching 1360 bucks

[wanobi] 19/6/2019 20:54

I've been reading this tonight, very interesting and not what I had expected :-) Cheers Wan

[mr roper] 19/6/2019 20:41

Hey, wan. You need to update the AAZ chart at the top of the thread. Do you have one with some blue sky on it ;0)

[mattjos] 19/6/2019 20:40

Play nice chaps. A great day & we're on the way. We've all got a ticket to ride and watch something quite extraordinary take shape over the next 2-3 years & very likely far beyond that.

[brasso3] 19/6/2019 20:34

Surely Jeansey is not still complaining?

jeanesy19 Jun '19 - 20:03 - 23250 of 23253 (Filtered)

[wanobi] 19/6/2019 20:32

TXP



Cheers Wan :-)

[bleepy] 19/6/2019 20:16

Shallow exploration targets...

Along with the prospects that AAM are already aware of, seven targets as highlighted by Geotech have been selected for priority follow-up. These targets are all shallow-seated (at a maximum of 300 m depth) and so can be explored with relative efficiency, in comparison with the deeper or larger porphyry targets. By selecting the shallow targets, should one prove economic it can be fast-tracked into production with comparative ease and exploited via open pit mining methods.


These seven prospects have been divided into three broad regions and the Exploration Geology team split between them; these three regions have been designated as the ‘Ugur Region’, the ‘Bittibulag Region’ and the ‘Maarif Region’ and will be referred to as such in this report.

Additionally, a porphyry target (“M1”) that overlaps with a deep (“Zd1”) and shallow anomaly (“Zs3”) ranked highly.

[jaspoland] 19/6/2019 20:09

Jeanesy, if things continue this way you'll be able to kiss the day job goodbye. Hope tomorrow is a better day for you

[bleepy] 19/6/2019 20:09

Exploration potential exciting.....

“A mining concession with the location and scale of Gedabek is a rare and exciting opportunity. Whilst already hosting three mines, it is evident from these results and other complementary exploration work that the full potential of Gedabek has yet to be realised. We are now working hard on our ultimate objective of making a significant new discovery to create further value for all shareholders”

[jeanesy] 19/6/2019 20:03

Wow . just got in after a bad day at work .. too much to take in .. well done all!!!

[terropol] 19/6/2019 19:44

Who is going to bring some champagne in the morning then!!!

[dicko21] 19/6/2019 19:14

Hi guys-first bought this after reading a share tip in the independent many many years ago-9p was the price-trebled in a few days and eventually got to about 85p.Then it sank.Still I held on and added as funds allowed.Today I made more than Ronaldo makes in a day.I bet most folk can’t say that.Ive always believed in this company and it just shows you that a well run business (circumstances allowing) will always win out in the end.Enjoying the ride and it looks like there is much much more to come.ATB

[sh0wmethemoney] 19/6/2019 19:13

Gold up to 1353, see what effect the Q&A session has when that starts

[bleepy] 19/6/2019 19:09

US Federal Reserve keeps interest rates flat
The US Federal Reserve has kept interest rates flat but the central bank signaled possible rate cuts of as much as half a percentage point over the remainder of this year in the face of economic uncertainty and a drop in expected inflation.

[someuwin] 19/6/2019 19:06

Daily Mail This Is Money

Stock picking competition

Win £20,000...

[sh0wmethemoney] 19/6/2019 19:04

Looking like cuts in July from the words, gold up above 1352

[le0nard] 19/6/2019 19:04

gold currently reacting well to FED news. above 1350. Lets hold this time.

[bleepy] 19/6/2019 19:03

Game changing exploration potential mentioned in the Hardman report...

ANGLO ASIAN MINING
Prodigious cashflow AND bigger “system” potential
By Paul Mylchreest

Beyond 2025: a much bigger “system” at Gedabek?

Going underground at Gedabek
Our assessment of the strategy, recent exploration work, the geology of AAZ’s deposits and the regional geology of the “Tethyan Tectonic Belt” (TTB) lead us to believe that it is highly likely that gold-copper-silver (and possibly zinc) production will continue for many years beyond our current 2025 forecast horizon.
Intriguingly, there are two further possibilities, which would have a much greater impact on AAZ’s long-term potential if confirmed by future exploration:
► Gedabek, Gadir and Ugur are part of a much larger porphyry-epithermal system; and/or
► the deposits in the Ordubad area are porphyry gold-copper type.


Looking for a bigger system at Gedabek
In our opinion, although it is yet to be confirmed, Gedabek, Ugur and Gadir could be part of a much larger porphyry-epithermal mineralisation system, with positive implications for the longer-term exploitation of its mineral potential by AAZ. Indeed, the Gedabek open pit, Ugur, Gadir and other known deposits in the area, several of which are shown in the photograph below, are likely to represent the upper portion of this system, sitting above a deeper porphyry.

[2sporrans] 19/6/2019 19:03

Further to post above:

Now i divine the significance of the LOCATION of the priority Zehmet
target-prospect:

Zehmet

The centre of this target is located approximately 12 kilometres North East of the Gedabek open pit mine. It straddles the boundary of the Gedabek contract area.

From post above:
"the company believes that it’s possible that it [THE porphyry mineralisation AT DEPTH - TS] could be closer to the surface in the northern part of the contract area."

Those 2 gold-rich grab samples at the surface may be 500m above the porphyry belt but none the less, their existence in combination with the associated comments above are....interesting.

[sh0wmethemoney] 19/6/2019 18:56

What if we will get any pointers from the FED meeting tonight on rate cuts