Anglo Asian Mining Share Discussion Threads

[riggerbeautz] 07/7/2020 18:50

Silver miners I track have been teetering around highs all afternoon, silver and gold bullion premiums still nudging up.

[sharekitchen1974] 07/7/2020 18:07

Next move up will move quick imo positive news could land any day now and every day gold is at these levels AAZ gets cheaper and further undervalued, look how it stuck around 40 before moving onwards, next big move will be over 2 when it breaks out above 150

[brasso3] 07/7/2020 17:30

WTI

Has WTI now closed the gas at the $41/ $42 level?

[brasso3] 07/7/2020 17:29

Macmuck

No as ECR are not active on the ground.

[mattjos] 07/7/2020 17:21

It is so easy to manipulate the prices here in the auctions. If you have DMA and stock in your account or together with a collaborator … you can pretty much set the Opening & Closing price yourself.
Shove a handful onto the book at 139 and then bid for your own stock or, get your mate to do so. There is just about never any 'active' competition for stock in the auctions here & certainly won't be for 200 shares, like today.

It's as simple as that and I've proved to myself it can be done, if you have a mind to do so. For what ulterior motive, other than to try and range-bind a stock, I really don't know.

I'm sure some people set limit on exchange buys for the auction processes and forget they are still there, even if the price has moved since they first set them but, that is not usually the case here.

No idea what the game is but, there was all sorts of tricks going on here 2-3 years ago.
I personally do not accept that there are no other notifiable holders here .. i suppose you might argue that certain people here, if labelled a 'concert party', would comfortably exceed more than one notifiable threshold but, other than chewing the cud here with others, we are not a concert party unless there was ever an in-extremis event which might persuade us to circle the wagons.

Who knows and frankly I'm increasingly beyond speculating about it. It's the market, it's AIM & no one in authority actually gives a monkeys what goes on day to day.

[macmuck] 07/7/2020 16:41

Worried about the Melborne, Victoria lockdown effect on ECR Brasso?

[e43] 07/7/2020 16:35

Katsy,only a 6monther ,my observation here is many sellers of AAZ don't seem to value their shares very highly.MM's know they're soft touches who will take a low bid.ps if you don't need the money immediately try putting a limit on your price a couple of pence higher than you're offered on screen, on a good day for gold they're always buyers who will pay more

[jbravo2] 07/7/2020 16:29

Don’t worry katsy.
They’ll have egg on their faces soon enough :D
Not that they’ll be on here to collect said egg

[mattjos] 07/7/2020 16:27

katsy, been like that here for just about as long as most of us can remember now. (Over 5 years since a Holdings declaration after Bashirov went to Zero).

[bozzy_s] 07/7/2020 16:25

It feels like there's a sell order being filled. The flurry of sells this morning 20k 5k 27k 15k 29k 23k 16k 10k in a few minutes, plus some after-hours reported trades of between 50k and 100k.

It won't hold the company back. Just might provide the opportunity to buy more at a decent P/E and divi yield.

[wanobi] 07/7/2020 16:15

yep, thanx LA, my only concern in regard to JSE right now,,, is that,,, I don't own enough of them LOL GLA Holders, Cheers Wan :-)

[katsy] 07/7/2020 16:04

I'm sure all you long termers have seen this all before but I'm finding the trading here all very confusing. The bid/offer was 1.31-135 and quite a few took the 1.35 with very little taking the 1.31. then the offer goes up to 1.40 and then loads take the 1.31. It's almost like somebody doesn't want this to rise and all this on the back of increasing gold prices.

[leopoldalcox] 07/7/2020 16:03

JSE finally getting back to true value, Wan! I bought at 56p, rode it up and the all the way down, and happy to be back in profit.I think some great upside potential moving forward on that one. A bit disappointed that my RRE plan was ruined by a takeover, but JSE have stated their intention to buy distressed assets, and could follow a similar strategy very well over the medium term

[jbravo2] 07/7/2020 16:01

I don’t know how long this piece of string is, but we’re dealing with a shorter piece rather than a longer piece
Very helpful eh?

[bonio10000] 07/7/2020 15:56

$1796

The camel's nose is under the tent.

[bonio10000] 07/7/2020 15:55

Not marrying the wife is one decision and with a far quicker payback.

[mattjos] 07/7/2020 15:43

£42k in 20 years. Ave. £175 / month. Death due to boredom would have occurred well before Year 20 for 99.999% of people

[bleepy] 07/7/2020 15:41

Thanks dp for passing on Bill’s comments. Not if, but when arriving on many fronts here should see share price sail toward and through £2.

[donald pond] 07/7/2020 15:40

Buy gold 2000 - your £1,000 turns into £7,000 by 2011

At which point you buy stocks. If you're clever, a Nasdaq tracker: your £7,000 is by October 2018 worth £28,000

at which point you buy gold, and by now, it is worth £42,000

That's 3 decisions in 20 years.

[brasso3] 07/7/2020 15:39

or one good decision on BTC at around $1000. :)

[baddeal] 07/7/2020 15:36

It's no good taking 75 years to get rich!

[wanobi] 07/7/2020 15:35

wowzer 1793,,, it's certainly getting up there dd, cheers Wan :-)