Anglo Asian Mining Share Discussion Threads

[qazwsxedc69] 01/7/2020 12:13

150k sale now showing from yesterday at 1.33. Shackles off now.

[mr roper] 01/7/2020 12:05

Same. Looks like it could melt up.

[homebrewruss] 01/7/2020 11:58

Thanks MF, just taken a starter position in GMR

[mad foetus] 01/7/2020 11:37

Got some GMR, great sector, great chart

[pogue] 01/7/2020 11:34

Listening to airlines and the cuts they are making they are not expecting a large move up in passengers for a long time so not sure if they will rise that far. Clearly there will be some movement though. Should be noted MARS have gone down since pub openings have been announced after an initial jump up. I think that maybe the model for airlines.

[mattjos] 01/7/2020 11:24

Quite sure there will be more and more money arriving here from POG .. that situation looks highly risky to me

[2sporrans] 01/7/2020 11:03

fwiw, Gold for Aug. delivery futures $1807 this morn.

[wanobi] 01/7/2020 11:01

so, guys, looking ahead,,, the day a successful vaccine/cure announcement is made (if it comes) what will take place in the markets !!! ???

Gold - down big ?
DOW/SP500 - up big ?
Airlines - up big ?
Cruise Liners - up big ?

what other bombed out stocks will rocket ?

I guess we should be thinking of a portfolio for this possibility ?

and starting a watch list now so we're ready and know where we'll deploy funds fast !!!

Cheers
Wan :-)

[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