Anglo Asian Mining Share Discussion Threads

[stevea171] 27/4/2020 21:25

Maybe the AAZ share price currently is not all bad for those with funds to invest!

Buffett focuses on great businesses trading at fair or better prices, as the quote below clarifies:

“It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price”

Wonderful companies compound your wealth year-after-year. Poor quality businesses that are exceptionally cheap only grow your wealth once (when you sell them – hopefully for a profit).

Note that Buffett does not say to buy great businesses at any price.

“For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.”

Overpaying severely limits the growth of your wealth. If you pay for a large part of future growth today, you will not benefit from that growth down the line. Great businesses can be very overvalued…

[riggerbeautz] 27/4/2020 21:20

Wan something else from my archives, just remember Schiff was always shouted down

[riggerbeautz] 27/4/2020 20:43

Getting more interesting

[goodgrief] 27/4/2020 20:15

Bill really dislikes the PR role. I was sat behind him at the Shares presentation a year or two ago and heard him say so to the Kodal Minerals CEO.

[jbravo2] 27/4/2020 19:41

Sure but that’s perfectly normal Matt.
We’ve had sellers all the way up and why would now be any different? Indeed I can never see a period where someone doesn’t want to leave.
I’m not going to sell but it doesn’t diminish my frustration with the share price performance the last few months. May not make sense but emotions often don’t.

[mattjos] 27/4/2020 18:53

I disagree personally. The company has done a great job on PR since Bill got into his stride & Proactive interviews.SPA probably have no more to add to the debate than they had 6-9 months ago.As frustrating as folk are finding things right now, its the FY results, the divi and the exploration data that will be the share price drivers & nothing else.The MM's know this and two of these drivers are hoving into view shortly .. the wide spread suggests to me they have no clue as to what is coming & that in itself is a good thing as its suggests no leaky boat.Let's see if spread closes back up after results come out ... of course, nothing they can do about pre-empting an unscheduled explo RNS or new mine startupToo many people with itchy fingers here right now and several show signs of wanting to sell & bank gains

[wanobi] 27/4/2020 18:36

great post Rb, Bumpa,,,, many thanx for posting it Rb,,, cheers Wan :-)

what day is it!!!!!!!!! LOL

[riggerbeautz] 27/4/2020 18:35

Yes you got it right Bumpa, it was one of my saved articles against junior miners, I even reference where I find them. Came from the VML board you directed our amigo towards.

[wanobi] 27/4/2020 18:26

LOL woke you up though,,, soz, yes, losing the plot :-) soz all, cheers Wan :-)

wishing you all a fine evening :-)

[bumpa33] 27/4/2020 18:25

Short week then eh Wan?

[bumpa33] 27/4/2020 18:24

Don’t remember that particular post Rb - I do remember the higher interest rates call though, guess that was when I still believed them when they said all this monetary expansion was ‘temporaryR17; 🤦🏼‍♂️🤦🏼‍♂️🙄 Silly me.

[callmebwana] 27/4/2020 18:22

Wan !!!! Are you losing the plot !
Today is Monday, what do you mean have a good weekend?? LOL Wan,you are spending too much time on your own !!
Feet on the ground lad.👍㈹3;

[riggerbeautz] 27/4/2020 18:18

Wan weekend already, my time flies lol

[e43] 27/4/2020 18:08

Just punched Anglo Asian Mining into share price angels search engine and gold miner in Kazakhstan comes up!

[klosters65] 27/4/2020 18:03

Does anyone in the Company read what we think and write here. Why don't one of you more established investors have a chat with one of the Directors.

[wanobi] 27/4/2020 17:58

4D -

Cheers
Wan :-)

[wanobi] 27/4/2020 17:45

wishing you all a fine weekend and many thanx for all your posts today, cheers Wan :-)

[wanobi] 27/4/2020 17:42

thanx cmb, really good to know, cheers Wan :-)

[wanobi] 27/4/2020 17:41

aha, now an antibody (AB) test question from the press!!!,,,, MH, we now have lab based AB tests,,,,,, but, yet to find a lateral flow (non lab) test with a clinical level of results we're confident with!!! CW, we have tests that are good enough for a first pass look-see, but, an AB test that is good enough to say to an individual that you've had it or not, we don't have that yet!! Cheers Wan :-)

[callmebwana] 27/4/2020 17:39

LOL Wan, I could not be in a safer place than I am in. The total population of North Cyprus is just above 300K. There are only 7 people in our complex !!
There has been 4 deaths here, far away
from where I am. 2 Germans and 2 locals.
It were the Germans that brought it here
There are 12 people in the hospital recovering from the virus. That is it.
I go shopping every 2 weeks wearing a mask,gloves and glasses. I have a good library of books and my garden etc,etc.
So I have no worries regarding the virus.
I have a policeman as a friend and he keeps me informed. There are no cases of the virus in our area at all. On the 4th of May lockdown finishes.
Says the man from Del Monte 😁.
Apologies re the O/T.
ATB.

[baddeal] 27/4/2020 17:37

DP, totally agree, bod need to change nomad and get this story to the market properly. They may be very good at finding and mining gold but to date they are falling way short on financial pr

[wanobi] 27/4/2020 17:36

Chris Whitty talking about the '1st peak' and how we have a 'long long way to go'... infers further peaks to come,,,, hmmm,, I'm now wanting AVCT/CYTIVA to succeed with the test for my own sanity as opposed to making a few quid!!!! we need that test Alistair and we need it fast please :-) many thanx, cheers Wan :-)

[wanobi] 27/4/2020 17:26

LOL Bumpa :-) Cheers Wan :-)