Anglo Asian Mining Share Discussion Threads

[avsome1968] 20/4/2020 20:20

Bumpa

Did you buy into MPH?

[bumpa33] 20/4/2020 20:16

Thanks Rb, will add it to watch.

[bumpa33] 20/4/2020 20:15

I guess this was inevitable, so what do we reckon - 1 in 5 Americans to actually get their $1200 stimulus cheques...?!

[brasso3] 20/4/2020 20:11

Just saw the action on the May WTI futures! It went below -$30/ barrel at one point! Crazy times!

[cannonfodd3r] 20/4/2020 20:02

Nor that you would be paid to take oil!

[riggerbeautz] 20/4/2020 19:40

Bumpa at some point I’m probably going to dip my toe in Aurcana and I think I’ve been hasty with Impact mining reacting to halt news; lesson learned. Still looking.

[bumpa33] 20/4/2020 18:45

€1.53 now, roll up roll up...!

[bumpa33] 20/4/2020 18:16

another from Bloomberg

CME group said ;it’s possible for the May WTI contract to trade negative as it plunges below $5 a barrel. Basically, no one actually wants to get stuck receiving a delivery of oil tomorrow when the contract expires.

[bumpa33] 20/4/2020 18:10

Quote...

Almost by definition this move in front month crude means that some group/trading desk/fund is blowing up

[bumpa33] 20/4/2020 17:44

Brasso - maybe go long spot WTI and short Jun 20 for an ‘interesting’ pairs trade...!

[wanobi] 20/4/2020 17:37

yep and it's breaking out today by the looks of it K mon,,,, surely the markets will begin to wake up to the facts soon!!!!! and gold must fly :-) fingers crossed, LOL,,,,,, fwiw, once AAZ resolves JORC, increases LOM, presents its plan for growth and clarifies AZERGOV PSA situation,,,, I feel/hope the share price will rise rapidly to new ALH's,,, we shall see, but that's my belief :-)..... obs, all of the above must be good for it to do so :-) LOL,,,, oh what a game :-) Cheers Wan :-)


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[k mon] 20/4/2020 17:31

Barrick....Is that a Bull Flag..?

[brasso3] 20/4/2020 17:06

If you had of told me 1 year ago that in the near future gold will be at $1700/ oz and AAZ share price will only be 126p I never would have believed it.

[brasso3] 20/4/2020 17:05

Seems a bit early to be going long on WTI. I will remain on the sidelines.

[bumpa33] 20/4/2020 17:01

Brasso - she’s gone long WTI just shy of $22. It won’t be a 5 minute trade, so that counts me out then...

[ilostthelot] 20/4/2020 16:54

Is that a Small bull flag developing 🤔

[wanobi] 20/4/2020 16:52

big gold trying to breakout :-) GLA, ATB,,, Cheers Wan :-)


free stock charts from uk.advfn.com

[polaris] 20/4/2020 16:34

Thanks Mr down-vote. You obviously do not understand employment of capital via a SB account. Anything over 60 k equivalent AAZ share-holding requires 75 % of the underlying position value to be ring-fenced cf. 25 % on positions up to 20 k, 40 % on 20-40 k and 60 % on 40-60 k. I hold a lot more than 60 k equivalent, so that is a hell of a lot of margin employed. I am certainly not negative on AAZ prospects.

[bozzy_s] 20/4/2020 16:24

ii sorted mine last Weds/Thurs Pete. Really annoying delay as the price went from 96p to 125p as I waited!

[riggerbeautz] 20/4/2020 16:18

Agree with most of that KK

[kickingking] 20/4/2020 16:02

bullion by post I think are trying make money out of you twice, 1st they are selling well above spot price, and second then they want to charge you for storage. Their plan is that when you want to sell is you sell to them. If you are buying from them, then it makes no sense not to take possession. Like was mention you can buy mad4silver which probably works out cheaper. Unless you want to playing with your silver, your better off just buying from B/v. I bought from Made silver in the past a 10oz coin. This ia a few years ago and if I want to sell I would still struggle to get my money back due to markup from spot price. The other way is to sell through eBay and risk getting scammed by someone saying they have not received item. Best in that scenario is to sell through shpock and do pick up only. I hope this helps. My conclusion, if you a planning on buying silver in the UK then it's B/v. American have it easy as they can buy for only buck over spot. In the UK we can not. All these people saying you can buy from from Germany or Estonia, you will still pay way over spot price and get charged for delivery.

[mattjos] 20/4/2020 15:39

Most other gold miners opened down today but, have since recovered and now up for the day.
Spot Gold has retraced a little over the last 4 sessions to fill the gap it left on 14th April.

[brasso3] 20/4/2020 15:35

KKK

How do they compare to Bullion by Post who also have a storage option?