Anglo Asian Mining Share Discussion Threads

[mad foetus] 16/5/2020 12:37

This is a good one on gold price v fed balance sheet. https://twitter.com/badcharts1/status/1261299255630876672?s=21

[goodgrief] 16/5/2020 12:05

Article by AJ Bell's Russ Mould, "Can gold miners help to dig income seekers out of a hole?"You bet!!

[mattjos] 16/5/2020 11:26

This is a relatively short technical paper but, if you read this and all the while bear in mind the reports we have had from the company about the nature of Gedabek, Gadir, Ugur & some of the other targets now being examined then, you’ll begin to understand why this is such an exciting location that we are in.
The potential is staggering & the indicators are all present.
eg. I’ve never quite understood the relevance of ‘sheeting veins’ in Gadir but, now you can see why they are so important, so rich in Au/Ag & why we must keep ‘following the breadcrumbs’ left for us in Gadir - although not hard to do given the grades:

[swallowsflysouth] 16/5/2020 10:03

If the following trial is successful then a good investment would be a dog breeding farm ! lol

[friendzarin] 15/5/2020 22:39

Agreed.

The scale of Gedabek is never done justice on on a g maps view.

Stephen has been v v busy and he's. a high achiever..so next week can only be interesting.

[ntv] 15/5/2020 22:21

Wan
Bumpa has convinced you to get a good broker and you have seen the light
Maybe the we can convince you to get decent tea now !

[mattjos] 15/5/2020 22:15

Hi FZ .. yes, from what i can see from Google Earth, there has been a lot of additional work in/around the open pit + the area directly behind where we stood seems unrecognisable, as do various parts around Ugur.
There seem to be quite a lot more 'roads' that lead off into the hills everywhere & then end in a circular'ish dead-end.
The resolution is insufficient to be sure but, seems plausible they indicate where drilling has been / is being carried out.

If the company elected to double its Geology team & on-site laboratory, they'd get my vote. I dread to think how much data must already be in the CAD & wireframe models.

Pity we cant visit once every 6 months to catch up, isn't it?

[hubs] 15/5/2020 21:57

Hey CMB, good to hear from you as ever. I'm noticing the young ones on these threads a lot more...or I'm getting older (that avct thread, awful!)...as for AMC, done some shenanigans in the last couple of months, sold the lot but bought back in, got my average down to 1.13p now, quite heavily invested, but will exit once I've turned something acceptable in as a return.I hope this year.
I work for a living, only for a 3 or 4 more years...I'm a gardener, but a bit specialised and really into gardening and dementia, and all the possibilities within that. Believe it or not, as exciting as a few shares. This is fun, and to provide for that fun. Gardeners don't do it for money! I hope it rains in Cyprus and the fish come along...

[friendzarin] 15/5/2020 21:33

Some really nice pics earlier Matt..it looked as though our viewing point where we looked over the whole site has also been developed..is that right ?
In terms of next week and an announcement.In response to comments on what would be good to hear on this board. I'm sure that those that have company contacts have passed those on.
I don't know anything more than anyone else but I know this is a special company..and I think we'll have that reinforced next week.atb and stay well.

[mattjos] 15/5/2020 21:12

Yes, I was thinking similar Dan.

But, this is now Wave 5 of the long term Gold chart and so, I now i keep banging on about this but, it should be of similar nature and 'feel' to Wave 1.

Whilst we tend to fixate on the $1,900 figure as the big target, Gold would only have to finish the Quarter above $1,780 for it to have broken out on a Quarterly timeframe - that seems increasingly likely & would be a strong sign if June ends above that price

[dan_the_epic] 15/5/2020 21:06

Notice you dont get a big up candle like we are currently in with a string of whites behind it at the end of a move. More reminiscent of the 1200 zone on the rally up in 2010

[mattjos] 15/5/2020 21:02

Don't think i need add commentary:

[jeanesy] 15/5/2020 20:52

You make a good point CMB about money. It doesn't bring you happiness , just more choices. I just like to win and be in profit, doesn't really matter how much tbh, i'm not after millions just a few bob ! Enjoy the w/k end all.. Seems like i have upset someone again ?!

[baddeal] 15/5/2020 19:02

Good brokers don't wait, they issue news on results and then pump again when there is a follow up.Numis were my brokers and they are a different class.

[the stigologist] 15/5/2020 18:46

I was spitting feathers about AVCT in March

Now my only regret is not buying more

Won't make same mistake with DDDD

[jeanesy] 15/5/2020 18:38

If only DDDD would do the same !! Looking forward to some further news from AAZ next week including the presentation on the 21st .

[the stigologist] 15/5/2020 18:24

6 straight weekly positive candles for AVCT


free stock charts from uk.advfn.com

[mad foetus] 15/5/2020 18:16

While SPA are useless in this case it feels like they were asked to wait until next weeks news came out

[dodger777] 15/5/2020 18:15

Re the inactive broker share price Angel ...the option to submit questions prior to the annual general meeting is one I’ll certainly be taking advantage of to voice (or type angrily) my dissatisfaction at their uselessness
Can I suggest others do the same and then they might actually take notice ;)

[cinoib] 15/5/2020 18:05

Well, nice while it lasted, but gold still going up, closing the door on $1750. So how much higher does it have to go before we actually move with it. Frustrating to say the least. Hope we are a good deal higher when gold hits $2,200

[riggerbeautz] 15/5/2020 18:04

Will look at PXC

My trouble guys is when I go on blowouts, I catch the wrong trains, last time with my son I started before the cricket at the Oval around 10, drank copious amounts in the Green Room, more at Euston then ended up heading to Glasgow via Warrington, where we fortunately got off, before heading round several stops in the midlands and a very expensive taxi back to final destination at 2 in the morning.

The missus never talked to me for 2 days after leading my eldest astray, which was a bonus as I had an humdinger of an hangover after losing count the night before. Terrible example I know, one he’ll always remember mind :)

[goldrush] 15/5/2020 17:44

OneDayRodders, mad foetus and Riggerbeautz looks like we have a lot in common re AAZ as I had a few beers there also !!

I too have some Impact for silver leverage. Another one focussed on Silver ,which some of us have great hope for and is a tiddler, is PXC Phoenix Copper which is based in Idaho USA which is bringing forward a Silver Mine- Red Star.....Expansion drilling is underway and over the next 4/5 weeks results will be coming. Providing these are good and there is every belief they will be....there is an opportunity of rapid share price appreciation as evidenced in 2 Brokers Notes that were issued yesterday ....all are on the PXC website and are worth having a quick look at over the week end ....IMHO

[lefrene] 15/5/2020 17:37

The steady upward march of gold, and the crashing of overleveraged dominoes across the corporate wilderness, will perhaps bring about a 'crystallisation' moment?

The stock market crash hasn't really happened yet, it's still in the dead cat bounce phase, the momentum crash is at the stage of picking up it's skirt imo.

At some point with dividends cut, poor trading figures coming out and knowing that next years figures will be worse, plus inevitable inflation, is imo going to see a search for safe havens. There can't be many inflation proof, good yielding shares with growth prospects, that allow one to sleep easy at night.