Anglo Asian Mining Share Discussion Threads

[jeanesy] 22/6/2020 13:22

Buy price at AAZ is creeping up now .. I think it might end blue today. I think we will get some sort of AGM statement in the morning.

[lefrene] 22/6/2020 11:56

In the meantime we keep bagging 200 oz geo's a day at circa $1100 gross profit, ain't it simply awful! :¬) And then there's all that dreadful cash in the Bank to worry about too, I don't know how I sleep at night. :¬)

[crazycoops] 22/6/2020 11:50

I think it is highly likely we will get an AGM Statement tomorrow. I doubt that anything included will be earth shattering but hopefully confirmation that operations are continuing, that more gold has been sold and perhaps a couple of other snippets. Similarly, the question we all want the answer to is unlikely to be covered in the AGM - it will almost certainly be avoided, as per Bill's last presentation. But as you say mf, when that news comes (during Q3?) folk are either going to be in or out and the opportunity for the outers to get in will be limited.

[callmebwana] 22/6/2020 10:49

Guys,if you believe that there is going to be a market crash then it is worth holding cash. As everything will get dragged down.
These are very strange times !!
In gold,I hold POG,AAZ,TSG and PUR in my portfolio. I am well in profit with all of them.
Yes POG can have a very good run and kick off, when it opens in Moscow,
Q4 the new mines feedstock will be also a catalyst. Very difficult to decide what to do. My target is 50P. Don't forget it also have a fair amount of debit but I feel that will be paid off if the gold price holds. NAI and please DYOR.
ATB.

[wanobi] 22/6/2020 10:29

these days I look to scale in and out kfr,,,, buy some now, then accept you'll either pay some more if it rises (which is insurance money as I see it) or you'll be able to buy lower if the GAP fills... always a tricky one in the short term,,, but long term if you believe its just plain cheap and gold price is going to hold or go up then Rb is probably right,,,, buy it and don't worry what it does short term :-) Cheers Wan :-)

[riggerbeautz] 22/6/2020 10:17

Frequently told myself that qaz with AAZ, never matters if they rip north in time.

[qazwsxedc69] 22/6/2020 10:12

I honestly think POG has a long way to run. I'd be adding if I wasn't stuffed to the gills already with an average of 11.1 :-)

[kfr20] 22/6/2020 10:10

Thanks Wan. My head is telling me to hold off on chasing, as often ends badly! I want to buy a few more CNG, however that spread is ridiculous.

[kfr20] 22/6/2020 10:09

I think it will hit 40 pence very soon at this rate! Moscow listing is also likely to be very positive once they're officially listed.

[wanobi] 22/6/2020 10:04

tricky entry point short term KFR as there is now a GAP on the chart at just under 30p,,, could be a break-away GAP and never seen again, but so often they get filled,, Cheers Wan :-)

[jeanesy] 22/6/2020 10:01

I waited for the price to come back to me on friday kfr20. Had a price of 28.26p to buy. Dithered and will now have to pay 33+ . Story of my life atmo !! With news due there soon i am now watching again .. watch it soar past 40p now !!

[kfr20] 22/6/2020 09:57

Worth buying POG around these levels? Chasing a stock often never ends well!

[mad foetus] 22/6/2020 09:53

FWIW I hope but am not certain that we will get news tomorrow. There is no reason why whatever has been slowing news flow (and we assume it is negotiations between AAZ and Government) will be either concluded or be able to be discussed tomorrow. News would be good but it's not a certainty. It probably isn't even likely. But one day we'll get it

[sportbilly1976] 22/6/2020 09:50

What wasn't on that bus:

hxxps://davidhencke.com/2020/06/21/welcome-to-your-new-rulers-uk-commissioners-gove-johnson-and-cummings/?utm_source=dlvr.it&utm_medium=twitter

[jeanesy] 22/6/2020 09:40

I couldn't agree more pogue. That's why they were a 'small punt' for me . I wish i hadn't though which is why i got out . I was one of the ones who joined the party late as usual thinking ' if you can't beat them then join them'. Stupid of me really . I thought i had become a better investor than that !!

[pogue] 22/6/2020 09:37

I think that we are in the mid stage on a lot of CV19 stocks. All those that believe the story are onboard waiting for the RNSs that they are betting on. When they are issued there will be another surge, meanwhile decay as uncertainty sets in. Off course the RNSs may not appear and then the decay will get worse.

[skeptic1] 22/6/2020 09:17

Lol gold at $1760 ish and we’re down on the day. Give it up MMs, we’re not swayed.

[onedayrodders] 22/6/2020 09:00

Peeps getting bored of Covid Bingo it seems judging by share price movements today

[pantsonfire] 22/6/2020 08:49

Thanks Wan for the update about PXC. I quite understand. Let’s all enjoy the sun. There was a sensible post during the weekend on the LSE site, with a warning about smallcaps on AIM, and the difficulty of raising finance. I concur in general, which is why research is so important. For PXC I would take that research one step further, and suggest you, or anyone, calls to the directors (they give their names and contact details on their RNS’s), and talk through their plans, and particularly how they plan to raise the finance. Having had those conversations, on several occasions, I feel very comfortable. We’re due to get the drilling results any day soon from Red Star, the starter project, so don’t leave your research too long.

[riggerbeautz] 22/6/2020 08:49

1 thinks you’re a great dad, the other 2 meh....;0)

[donald pond] 22/6/2020 08:46

POG also smashing it today...I have 3 kids, set up JISAs for all of them...2 are down 30%, one I moved into POG last December and is up 300%...how to explain that!

[donald pond] 22/6/2020 08:34

BUR going nicely, valued below NAV, with an estimated future PE below 4 and a CAGR of 35%, which is insanely cheap. Plus the Petersen case may be close to settling, investor calls this week, news on US listing, chart in established uptrend, almost universally despised etc etc
I would not be surprised to see it above £20 by end of year

[lefrene] 22/6/2020 08:32

I notice they are trying to take gold lower and yet the Dollar index is falling, that makes their game harder.

[onedayrodders] 22/6/2020 08:26

Seems pretty dull all around today

[onedayrodders] 22/6/2020 08:16

Unfortunately still a complete mess globally however you look at it