Anglo Asian Mining Share Discussion Threads

[mattjos] 20/5/2020 11:47

Bumpa … by any chance, are you able to find out who the hell Cantor are selling STCM on behalf of?
They been camped on the Offer for as long as i can remember .. well over 2 years now.

It's on my watchlist and waiting for a big, big volume day to clear this sodding overhang!

[terropol] 20/5/2020 11:40

Most of you will know the book by Jim Slater "THE ZULU PRINCIPAL"
Many years back I decided to make AAZ my Zulu study and sticking with it.

[donald pond] 20/5/2020 11:39

I'm a bit disappointed there's nothing new to digest today. A cheeky lunchtime RNS and broker report would really brighten up the day.

[lefrene] 20/5/2020 11:39

Cinoib, if you believe gold is the place to be to ride out the coming storm, then AAZ is a bargain, eventually the herd will catch on, and the price will rise. It's a bit irksome wanting the value reflected in the price now, but you can at least sleep easy while waiting.

[terropol] 20/5/2020 11:32

Cinoib, the other companies would not have just 114.392.024 shares listed with 32,796.830 held by the CEO.
The small amount of shares available to trade in the market would make the manipulation of shares to easy for market to control....hence big spread for market makers to protect themselves.

This company makes for 99.5% of my shares holdings, happy to keep it that way with any games the MM like to play. Happy to take the dividends.

[return_of_the_apeman] 20/5/2020 11:30

Yeah and I'll wager, the only way to buy any for a significant part of tomorrow will be via limit orders, fork or dma, while the mms stock up to sell on higher

18,700 left at 141.3 when I last checked

[bumpa33] 20/5/2020 11:15

Keeping an eye on CNR, might be a play there as they ain’t got much cash left and I have it on good authority that Numis ran out of patience with them...

[cinoib] 20/5/2020 10:54

See the drop is only due to the greedy MM's opening the spread again. This has to be the worst share I've ever traded or bought over £1 with such a wide spread all the others have ever bought have been within 1p not 5/7 or 10 but 1p. It's a good job it's such a well run company and profitable or would never be in.

[pogue] 20/5/2020 10:42

Wan
decent article from the BBC on oil, that's a shocker!, playing out pretty much as expected shale going to the majors as the small outfits go bust so when demand returns the majors will hopefully manage supply to market demands rather than pump solely because that's all they can do to survive the debt burden they have built up.
My main point for a while has been its a long time before demand returns to normal, even normal is still oversupply mind you. We are bouncing along the bottom in oil and there will be a few spikes up and down before a real return to serious demand occurs and thus a stable higher oil price IMHO.

Critical paragraphs for me were..
'But even before the coronavirus pandemic hit, the industry was experiencing a supply glut - driven by the US boom - that had depressed prices and prompted strains in oil-producing Texas and elsewhere. The Wall Street money that helped power the fracking growth had grown harder to come by, while big firms were promoting investments in renewable energy.
Forecasters at IHS Markit say supply is unlikely to return to 2019 levels until at least 2023. There is a chance that 2019 will have been the high point for global output, should the pandemic permanently reduce energy demand - for example, by increasing telework and reducing business travel.'

And the bad news for US oil but good news for everyone else if as I have said Biden gets elected...

'But Democrats, backed by environmental groups and others concerned about fossil fuel contributions to climate change, have resisted greater assistance for the sector, pointing to already high debt levels among many firms. "It is deplorable to send good money after bad," Massachusetts Senator Ed Markey, wrote after the Fed's changes.'

[klosters65] 20/5/2020 10:36

Disappointing, the lack of enthusiasm to buy shares prior to a news release. Illustrates, the unawareness of the wider market of the companies performance.

[wanobi] 20/5/2020 10:26

aha, fantastic news WW, very nicely timed :-) well done, cheers Wan :-)

[walter walcarpets] 20/5/2020 10:24

Got in PUR on Monday. Good timing for a change!

[wanobi] 20/5/2020 10:18

yep, thanx cmb, doh! Wan :-) LOL,,,, oh well, its on my radar now and I shall join you if that GAP gets filled :-),,,, as for the chart, you're most welcome, I like to throw them up as it helps me to remember them so I can have a picture in my mind at all times,,,, very sad Wan :-) LOL,,,, but there you go :-) Cheers Wan :-)

[callmebwana] 20/5/2020 10:14

Wan, I did post a video link for PUR.
It was the first pick in junior miners by a gold analyst. 9gm's per ton and 500 Mil oz of resource. They are to drill 1.3 Mil Mt. Big mine is going to be there. First gold pour in Dec this year. I may do another top up if the gap plays out. Thanks for your chart.

[wanobi] 20/5/2020 10:04

another Sir Tom,,,, fantastic :-) what an effort :-) Top Top Bloke, cheers Wan :-)

[wanobi] 20/5/2020 10:02

Oil collapse: 'Right now everything I have is shut down'



Cheers
Wan :-)

[wanobi] 20/5/2020 09:47

here's another blast from the past for me/Bumpa,,, CORA,,, looking good again as I suspect many miners / prospectors are right now :-) GLA Holders, Cheers Wan :-)


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[wanobi] 20/5/2020 09:46

you're most welcome HG, cheers Wan :-)

[highly geared] 20/5/2020 09:43

Cheers Wan for the Altyn feedback. I’m also in it with a 3 year view. I think it could easily 10 bag if gold remains elevated and we see them increase production beyond 50,000 oz. All the best.

[wanobi] 20/5/2020 09:40

HOC - let's see if it can push through that LT resistance / support line :-) GLA Holders, cheers Wan :-)


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[wanobi] 20/5/2020 09:37

LOL you have the 'midas touch' right now cmb :-) keep it going :-) well done :-) Cheers Wan :-)

[callmebwana] 20/5/2020 09:33

Wan,I don't know what is happening with AMC share price !! It is up again today !!

Re PUR Wan ,best time to buy was in March.
I did a nice top up at just above 25P then.
ATB.

[wanobi] 20/5/2020 09:30

oh and well done with AVCT, very nicely played cmb :-) Cheers Wan :-)

[wanobi] 20/5/2020 09:28

many thanx cmb, wished I followed you into PUR when you posted about Sprott back in January :-) LOL,,, hey ho,,, I suppose I was busy elsewhere :-) LOL,,, well done, great investment for you :-) Cheers Wan :-)