Anglo Asian Mining Share Discussion Threads

[gold finger 1] 01/7/2020 10:59

The best is yet to come here.
We have moved up next to nothing over the last 12 months.
We are so cheap its hard to believe.
Can anyone see gold going down? because i can't.
This is a cash cow, but it's valued as if we were not making money.
I see other gold companies not making a penny but have 2 -3 times our market cap.
This will be 2 pound by year end, imo.

[ilostthelot] 01/7/2020 10:38

I remember when mml was producing 100,00 ozs it was valued close to 1 billon.

That was because it had plans to double production and a solid track record producing 25k every Q.

Point is if AAZ can get to a steady state 100,00 ozs per year which we all know they will and if they can show the market a vision of expansion to mid tier (200,000) per year then £1 billion MC is not out of the question within 5 years.

[ilostthelot] 01/7/2020 10:25

A desivive break over 150p and we'll be off towards £2 quick stlye.

A solid base of accumulation of over a year,trading sideways while the POG has rocketed, has set us up for an explosive move higher.imho.its well over due.

We have the latest news of a JV to come at any time.
Jorc resource upgrade next Q being the 2 main drivers for a move up and of course Gold is moving towards ATH.

Its been frustrating but now is not the time to Sell.

[the stigologist] 01/7/2020 10:23

Fundamentals + Technicals + Newsflow + Momentum all converging at PYC

We've seen it can do 1p to 30p in 3 days before

[brasso3] 01/7/2020 10:12

ECR still moving up. Only 5m GBP market cap at present.

[jbravo2] 01/7/2020 09:48

Good things come to those who wait.
Strange isn’t it?
You’d think finding the top quality investment would be the hard part, but time and time again it turns out it is people not being able to be patient.
My patience here has changed my life, don’t miss out folks.

[cinoib] 01/7/2020 09:48

See we are getting stupid on the spread again, I mean why put the offer up 3p yet you can buy at 141.2 and sell is only 138.02 very off putting

[mattjos] 01/7/2020 09:45

clearly now broken out of the 10 month downtrend here. I assume ex-divi drop back will effectively serve as the brief re-test of the trend line & then we should be good to go.
After 10-months of consolidation, there should be some strong energy in the resulting breakout, imo:

[jbravo2] 01/7/2020 09:20

Best place to be invested

[jeanesy] 01/7/2020 09:20

Not that i have seen yet Wan. There is also a webinar next week - thursday between 3 and 4.30

hxxps://www.eventbrite.co.uk/e/hardman-co-investor-forum-webinar-tickets-106914355716

[bonio10000] 01/7/2020 09:07

I think once people realise the job market is falling over anyway (more losses at Upper Crust and Airbus today) and the govt will be forced to print more money, $2,000 will be blasted through.

I think $3,000 over the next few years is reasonable.

Those public sector wages and pensions aren't being paid any other way.

[cinoib] 01/7/2020 09:04

See my target of $1800 for gold last, not looking so daft as someone on here thought as we breach 1790. $2000 by year end

[bonio10000] 01/7/2020 09:00

Widening gap between paper and physical markets.

I wonder if now is the time it will crack.

[wanobi] 01/7/2020 08:59

I missed it jeanesy,,, is there a post event link for it yet ? Thanx Cheers Wan :-)

[jeanesy] 01/7/2020 08:53

Did anyone else on here watch the PXC presentation yesterday afternoon. All very informative and straight talking , no nonsense stuff. All seemed very positive and moving in the right direction . I don't think that AAZ are one of the companies they are talking to about a JV though.

[mattjos] 01/7/2020 08:49

Cracking price action in Gold, Silver & Copper. Lovely warm weather in Gedabek

[donald pond] 01/7/2020 08:48

PXC just nudging up every day

[return_of_the_apeman] 01/7/2020 08:28

Well, that's the spread sorted (ish) today 139.5 - 142 on volume, with what looks like just 16500 left to buy @142 :-)

[donald pond] 01/7/2020 08:26

Let's se how things go, but I doubt we'll ever be able to buy at sub 130 again. In fact, I think 140 is gone for good. And then the chart looks great (unless the ex-divi drags us down!)

[brasso3] 01/7/2020 08:26

ECR off to a good start up nearly 10%.

[mr roper] 01/7/2020 08:25

Russia. Best avoided. I learned that first time around on Pog.
Would probably add it as no 16 on matts list.
16) avoid Russia as eventually the baseball bat trumps corporate governance

[2sporrans] 01/7/2020 08:23

I'd sooner AAZ share price was making headway off of company newsflow than the POG.

But it's a lot better than nought.

Looking a distinct possibility of a run for the $1800 today.
Whatever, it's what happens when 1800 is reached that will be more important.

[e43] 01/7/2020 08:19

Had a few good trips to Russia and Siberia in early nineties, I respect Russians but am also very cautious of them,you never know what a Russian thinks of you till you've seen them drunk!?

[wanobi] 01/7/2020 07:59

excellent, eloquently put response MrR :-) Cheers Wan :-)

[mr roper] 01/7/2020 07:52

It means try to sound professional and conciliatory when in reality the UGC guy is holding a baseball bat and just wants to rob you. Welcome to Russia.