Anglo Asian Mining Share Discussion Threads

[goodgrief] 26/4/2020 17:13

Off he goes... " they have been lying not daily but hourly about trump".Must be happy hour on the Costas!?

[riggerbeautz] 26/4/2020 17:08

I’m just happy sat knowing gold and miners feels a good place to be right now. All these other plays are “trading shouts” to me. Maybe add Silver and subsequent miners to that shortly.

[wanobi] 26/4/2020 17:05

AVCT -

" the first threshold for returning to normal life is to make sure you’re not infectious and the people around you are not infectious"

Cheers
Wan :-)

[callmebwana] 26/4/2020 17:03

ODR,I could not agree more with you.
Bumpa, thanks for your input.

Wan,I only hold AVCT in the biotech sector. AVCT has quite a few other irons in the fire, so I am still holding on to my shares there. I won't go into too many other shares as it becomes very difficult to keep an eye on all of them.
Let's see what tomorrow brings.
GLA.

[riggerbeautz] 26/4/2020 17:02

Very true ODR and one reason I’m not chasing too many rainbows. Bumpa is right, those with other credible avenues, are the ones that are safest to play in volume.

[wanobi] 26/4/2020 17:01

yep, agreed ODR, cheers Wan :-)

[onedayrodders] 26/4/2020 16:47

Only thing I'd say is that this rush into "anything Covid related" is that it reminds me a bit if the 1999 Internet tech bubble. And we all know how that ended.

Yes money to be made but don't get left holding the baby.

IMHO

[gold finger 1] 26/4/2020 16:42

Bozzy

Boris wanted to go the same way as sweden, but was forced by the MSM to toe the line as they see it. I have to say the MSM now say and do as they like. They lie on a daily basis. You only have to look at the USA they have been lying not daily but hourly about trump. Have you seen the news about JOE Biden?. He has been show to be a predator of women, yet there is a media blackout on 99% of the MSM. But Trump said inject yourself with bleach. lol. I have seen what he said, its a lie and yet they keep running with the lie.
Anyway the MSM along with the dems are happy to see their country fall apart and destroyed peoples lives with lies to get trump out.
Its not going to work as the people are not stupid, they see what is happening. you only have to look at the opinion polls.No one believes the MSM anymore.
Well only those with Trump hate syndrome.

[wanobi] 26/4/2020 15:45

yep, many thanx tolga, added to list :-) Cheers Wan :-)


free stock charts from uk.advfn.com

[bozzy_s] 26/4/2020 15:36

GF 100% agree with that. Really pleased that Sweden has succeeded without a lockdown.

It was odd seeing football being played there, gatherings of up to 500 people (later reduced to 50), while we weren't allowed contact with anyone outside our homes.

And despite that, Sweden still has a lower infection rate than UK - even taking into account our lack of testing (and therefore actual infection numbers in UK much higher).

Right at the start I suggested whatever happened, the decision makers would praise themselves. If the rate of infections flattened out, it would be 'made the right call to shut down'. If the rate increased, it'd be 'we prevented a worse situation by shutting down'. What are the chances anyone actually says at one of these daily briefings 'I made a mistake' or 'We got that wrong'. Zero. Zip. Untrustworthy and dishonest, all of 'em.

[bozzy_s] 26/4/2020 15:30

For balance I'll just offer a contrarian view (not actually one I believe in, but it's something I've considered).

If global markets were to suffer a depression due to covid-19, the long term oil demand / price were to collapse to say $10 a barrel, and gold rocketed up to and beyond $3000 an ounce. Surely the Azeris would do anything in their power to reclaim gold resources within their country. Whether by a hostile revoking of mining licences, or simply no extensions to existing agreements.

If they're acting in the best interests of their people, would they want to own 100% of an inefficient gold mining operation, rather than half of a decent operation?

I'd prefer it if we didn't see $3000 gold, as strange as that sounds!

That said, AAZ is underpriced by at least 50p.

[tolga1] 26/4/2020 15:27

Wan
You may want to consider GDR for your CV-19 list too

[gold finger 1] 26/4/2020 15:21

i have just looked at the Sweden virus numbers.
As we know they have not locked the country down.
Well their numbers seem to have peaked and are dropping.
Best take a look yourself.


Looks to me as if the MSM has a lot to answer for.
They have forced the world leaders and most people into panic and have destroyed economies and peoples livelihoods.

[gold finger 1] 26/4/2020 15:06

laurence

I would not worry about it.
Just get yourself positioned in gold to protect yourself as best you can.
That 1929 depression was great for gold and miners.
I can't believe that people are throwing money into the equity markets trying to catch the rise from those so called lows.I may have it all wrong, but why risk it when every
thing is telling you gold is the place to be.
At the moment you can't compare the unemployment back then with today. Lets see what unemployment is after they have let us all out of house arrest.

[wanobi] 26/4/2020 15:05

many thanx for the link odsjp, cheers Wan :-)

[bumpa33] 26/4/2020 14:58

Bamboo - the appetite for formerly bombed out sp’s in many of those Woodford (and associated) plays has certainly improved. I wonder if the man is sitting there not being able to believe his bad fortune...

[bumpa33] 26/4/2020 14:56

Worth listening to both his and El-Erians interviews.

Whilst enjoying the volatility in these stocks, gotta keep both eyes on the macro picture because the one and only thing keeping this monstrosity of a market elevated is Fed intervention. The faith system built up around the “Fed has our back” and “TINA” is likely to be tested to the max in the absence of miracles.

[wanobi] 26/4/2020 14:54

many thanx guys, your posts, suggestions are much appreciated,,, cheers Wan :-)

CAR added to the list bb2, thanx..

[laurence llewelyn binliner] 26/4/2020 14:47

I can not see a case for POG not being >USD2000/Oz, and coming our way in 2020.., it is of course out of our control, and we can only position for it and capitalise on the gains to be had..

What worries me is the business climate and world we could be living in when it happens, the 2008 crash was bad but the fallout from 2020 is going to eclipse that, a depression instead of a recession is a frightening prospect.

The last month has given us plenty to reflect on during lock down, the 1929 US depression caused 24% unemployment and lasted up to 1941 and when the US got dragged into WW2 then the industrial war machine industry helped turn things around, and they now have 21% unemployment at April 2020..

But, interesting to find that POG went from a USD20/oz to 35/Oz from 1929-1935 (+75%)..

[gold finger 1] 26/4/2020 14:45

Goldrush

I see that as possible,after all with the profit up so much on last year its odds on the divi has to rise.

Mad foetus

I think we all know something is going to happen sooner than later with the talks with the government. I don't believe the management have just been sitting around doing nothing for the last year.We will wake up one morning soon to a RNS and go wow. imo.
But you are right about the majors leading the way before the juniors. That is what we have now the majors are at all time highs, so sooner or later people will look at the juniors as better value. As long as they are making good profit and LOM. I do believe that its the LOM that is holding this back more than anything else. That is in the process of being being sorted.

[odsjp] 26/4/2020 14:32

Surprise, surprise. We are not mentioned

[bamboo2] 26/4/2020 13:49

Wan, CAR could be worth adding to the CV watchlist.

Check Rivaldo's post here...


"COVID-19 has produced huge demand for CAR's products incorporated into virus testing, respirators, breathing treatment devices etc. Demand is up by 40% this year globally..."

[bamboo2] 26/4/2020 13:44

Bumpa, re 18056, There are quite a few stocks associated with Woodford that are starting a revival in fortunes since sp's have hit lows. eg AVCT, CWR

IPO group are selling any of their Biomed stocks where the holding is less than 25%, to reduce the size of the p/f in this area. They have changed their management style over the past year or so, since they bought Parkwalk, and are more ready to take cash now, where there is a willing buyer. Perhaps this reflects the reality of the situation they find themselves in now, since the days of easy money/fund raises is over, with the decline of Woodford and Invesco. They have to stand on their own two feet, so to speak.

Both MED and DNL look like they will avoid the IPO chop, as they currently hold over 25% in each. Both could be worthy of a look, particularly DNL as this has flatlined for nearly 2 years.

[bumpa33] 26/4/2020 13:30

Not sure about TILS shareholder base, lot of Nominees in that list. Also followed the form on it for some while and there always seems to be willing sellers when it tries to move north.