Anglo Asian Mining Share Discussion Threads

[mr roper] 23/4/2020 15:47

Thanks, wan. FYI..plus doing the melt up thing now. Not much in the way to 1500p

[wanobi] 23/4/2020 15:44

AAZ - Inv H&S rough chart, something like this I believe :-) GLA Cheers Wan :-)


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[c0lin1] 23/4/2020 15:43

you can see that pattern on lots of gold stocks at the moment some have broken the neckline already

[mattjos] 23/4/2020 15:43

BoJ to move to 'UNLIMITED' Bond buying.
They've all fallen down the rabbit hole, drunk from the 'Drink Me' bottle & arrived at the Mad Hatters Tea Party

[c0lin1] 23/4/2020 15:39

im not very good at things like that

[ilostthelot] 23/4/2020 15:38

Any chance someone could post a chart for that inverse h&s?!

[gold finger 1] 23/4/2020 15:38

cOLIN1

2 pound is nailed on imo, even if we had a pull back for gold too $1600.
This is such a no brainer, its hard to understand why a lot more people can't see it.
Maybe it's the LOM that is a put off. But the info is out their to see that this is not a problem and is being addressed. You could look at it and say,can i trust what the management have been saying.Well yes i can understand that, i have been lied to on many occasions over the years by lying management in other companies. But this management here are in another league here. They just get on with their job and produce results for us shareholders.

[mattjos] 23/4/2020 15:37

Yup, agreed
Gold now more than £1,400 / oz & more than €1,600 / oz .. for at least the last 4 years the 'wise ones' such as Goldman Sachs has consistently advised clients, and anyone daft enough to listen to them, not to own gold. Yet Gold keeps trudging higher from $1,050 to now over $1,700

[lefrene] 23/4/2020 15:31

The "herd" will mostly be employed persons working for various funds and following computer programmes. They are not going to risk their job by stepping outside of their remit. Eventually of course they will follow, perhaps when gold goes through $1850?

[gold finger 1] 23/4/2020 15:25

Can anyone tell me how you can possibly value a share at this moment?
It's impossible. No one can say when things will get back to normal. They have been very cleaver at saying we will look at it again in two weeks, that passes and its another and another.Six weeks coming this weekend in spain,now they are saying another two weeks. So a few car companies are back at work, will they be selling any cars?
How long after the lock down before people will risk travel, pubs,flying,going to the cinema.
We had a few come on here and spread their joy saying it won't be long before the mines are closed down. Well it never happened,one of a few companies that have not been affected, still making a profit, in fact increasing with the price of gold. Then to add to that oil which we know is one if not the biggest expense has dropped massively. So i think its safe to say 2019 results will show a record profit. As for 2020 well it will be yet again a record profit.
So for me its easy to value this company, even the village idiots know where gold and gold miners are heading.
Just seems that the herd are chasing rainbows,without looking at the facts staring them in the face.

[wanobi] 23/4/2020 15:21

AVCT



Cheers
Wan :-)

[wanobi] 23/4/2020 15:17

EMA 13 & 49

Cheers
Wan :-)

[c0lin1] 23/4/2020 15:16

c'mon push through the neckline and £2 nailed on ;^]

[mr roper] 23/4/2020 15:08

What moving averages do you use on the chart, wan?

[mr roper] 23/4/2020 15:08

Wan, I think 2000p is realistic. If they do a special divi I think the yield could up as a 15%+ for the year.

[jbe81] 23/4/2020 15:05

Fdbk looking better

[wanobi] 23/4/2020 14:41

nice investment that MrR, thanx for reminder, great chart, guess it'll just keep on marching up to 2000 and beyond,,, great work, cheers Wan :-)


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[mr roper] 23/4/2020 14:37

Mentioned Plus a few times over the last few weeks. About to start the next leg up imho.
No debt, half the mkt cap in cash, divi payer, committed to paying out 50% of cash in divi. Just had record q1 and looks like it could be a bumper q2. Thrives on volatility.

I hold.

[mattjos] 23/4/2020 14:37

penny is dropping Gold back to 1730

[jbe81] 23/4/2020 14:16

thanks bumpa

[wanobi] 23/4/2020 14:09

thanx jeanesy, yep I saw them first thing,,, not been in them for a while now, like you I sold after that LOM miss-calc, made a nice profit, then traded it once again successfully and then left it alone.... not for me at the moment, cheers Wan :-)

[qazwsxedc69] 23/4/2020 14:08

Not that long ago I was 131p for 50k. Almost immediately after the mid was was 130, so can only assume there had been some big selling into the rise.....

[gold finger 1] 23/4/2020 14:06

I did a dummy sell earlier when the price was 120-130 i was offered 127.5p at that time, was over mid so would have shown as a buy.
Just did it again and was offered 128.25p.