Anglo Asian Mining Share Discussion Threads

[bamboo2] 08/7/2020 21:37

DDDD turn has materialised. First objective 53.8

[cybernest53] 08/7/2020 21:17

CMB... Some of us here have been in PUR for quite a while and a few much longer than me. I myself bought in June or July last Summer, just below 30p... and enjoyed various top ups since. So yes, a very pleasing ride to date and i'm sure there's lots more to come! One of the things I like most about PUR is they market themselves very well. AAZ could learn a thing or two from they way PUR use social media to keep their investors informed on a very regular basis.

Anyone who wants to learn more about PUR can listen to Darin Labrenz, CEO, and Mark O'Dea, Director, of Pure Gold discuss the Company’s plans for first gold production by year end at the Pure Gold Mining Complex in Red Lake. PGM will be funded beyond first pour into expansion through its solid balance sheet and future cash flow. With an IRR of 51% based on Phase 1 alone and $1,500/oz Au, Pure Gold is well positioned to take advantage of the strong gold price and resource upside.

[bozzy_s] 08/7/2020 21:17

If anyone else pops up claiming this is a 'cheerleader's thread' or 'bulls only' or 'rose-tinted' point them to post 37207.

And point them to the multiple shareholders demanding a change of broker.

With excellent companies it can be hard to find fault. When the share price has performed like AAZ's over 5-10 years, likewise. Hopefully we'll soon get something more than 'ticking along nicely' in a RNS.

[goldrush] 08/7/2020 20:15

Friendzarin

Appreciate the post and many thanks.

[riggerbeautz] 08/7/2020 20:10

Slight disappointment to see Roxg stutter after being within touching distance of 4 year high still strong performance for the past month, guess some couldn’t resist profits; stubbornly holding onto my 2nd biggest holding for now.

[friendzarin] 08/7/2020 19:49

Having asked some questions of Bill recently I was left with the impression they are doing a remarkable job in an understated way in circumstances quite frankly that we assume are more benign.

When I was more active in management we used to talk of 'environmental change ' impacting on the business.Each environmental change AAZ has faced since I started investing in them has been managed imv with great expertise whether financial or operational.

We are now awaiting on a strategic level how they handle the new opportunities they have created backed by the strong performance of their main asset.

I back them as they are in the right sector at the right time and they have exceptional operational people and the board consistently take the right option.

I know quicker gains are available elsewhere but we all know that once we start to move here gaps will be made up.

I"m going nowhere have loads but never trade and appreciate it is only a market so in the last analysis we only invest to make money.Good luck to all with that.

[jeanesy] 08/7/2020 19:13

Well done with PUR cmb :) The recent climb certainly caught me out. Looks like my first post on the other BB for a while caused quite a commotion.. interesting ... lol ! I haven't given up on AAZ . I still hold and wait further news. Should not be far off now. I shall be watching the PXC presentation tmw and hope it sparks some interest. looks like DDDD may finally be on the up WAN . Let's see what happens tmw. GLA

[c0lin1] 08/7/2020 19:02

Bit unfair as aaz previous close was based on a UT trade of 139 where the mid was 135.5. Aaz had a move of 4.5 today so not bad.

[callmebwana] 08/7/2020 18:05

Hi guys. Yes I am a very happy man to have invested in PUR. Thank you all for your comments.I did mention it on here quite a few times too.
The trend is your friend is the motto of the day for me.
Jeanesy my last top up in PUR was
@ £1.08. I have been a buyer of PUR since the 39P days. So after doing my DYOR it was a share that I knew was going to do very well,though it has surprised me with it's climb.

Please don't give up on AAZ either. It will payback,it is just a question of time and patience. AAZ is still my largest holding in my portfolio.
NAI and GLA in whatever you are invested in. Stay safe ATB.

[e43] 08/7/2020 17:29

First purchase of AAZ on 21/2/20 @1.49 gold $1640.Same day bought HOC at 2.01 silver 21/2/20 $18.50.Today HOC 1.91 AAZ 1.40.Very little has gone right for predominantly silver producer HOC over the last 4months with mine closures and dividend suspensions etc.Gold up over 10% and AAZ kept producing, reward in the market as of today zero.

[qazwsxedc69] 08/7/2020 17:25

Considering there were 150k of sales just now reported about 3pm, today has been ok.

[pantsonfire] 08/7/2020 17:17

For those with an interest in PXC, Hardman & Co have an Investor Forum Webinar presentation tomorrow afternoon. You can register for it on
We're hoping for news perhaps about the fast track work into production, plus an update on gold.

[wrighty46] 08/7/2020 17:17

Regards lth's here. I've still a good holding from the 5-9p days. Have reduced over the last couple of years on the way up but still here. Taking the very nice dividend. GLA

[mattjos] 08/7/2020 16:36

omg. it actually closed up at 140 with 'only' a 6p spread :-)

[mattjos] 08/7/2020 16:31

what's the betting it's a 139 close with UT of 250 shares? & therefore seemingly a 'flat day' or no UT and 138 'red' close

[doc_oj] 08/7/2020 16:25

It's amazing how pure gold went from being same market cap as current aaz just two months ago to now three times as big and yet to get any gold out. One of them has to be anomalous or clearly I have a lot to learn

[polaris] 08/7/2020 16:20

Been a while but i added a few to the long position today. It's been a dull old time at AAZ cf. my other goldies. About time that changed.

[riggerbeautz] 08/7/2020 16:19

B.t.w took another churn in JAN after yesterday’s spike, probably dithered too long, as could have left more riding free behind if I’d sold mid afternoon yesterday; mustn’t grumble though, it’s doing alright.

[jbravo2] 08/7/2020 16:15

;D
Sure can
It’s a bit out of date now.
No one owns up anymore. They’re scared :D

[mattjos] 08/7/2020 16:14

waited this long to see Gold reach new ATH's and now only $90 away.

At some point this year, I am still much persuaded we'll see $2,000+ Gold price & much higher than that by 2025

Now, pull your finger out please AAZ and take advantage

[riggerbeautz] 08/7/2020 16:10

Wan have you seen the spikes on silver plays too. IPT and MAG reaching fresh highs, probably should’ve gone for more.

[fozzie] 08/7/2020 16:08

Sounds a decent strategy apeman, however i think the market has further to run, possibly up to the US elections and then we could hit the roadblock.

[bleepy] 08/7/2020 16:07

For goodness sake, just reread....

Letter From CEO to Company Shareholders (just 2wks ago)




And...

Annual General Meeting - responses to questions submitted to the Company
Prior to the meeting (just over a week ago)




The two releases above answers many mostly all questions raised except those subject to commercial sensitivity. Given a new govt was recently elected in Azer and a pandemic to deal with I believe the newsflow has been excellent. Seems the JV is all about dotting the I’s and crossing the T’s.

The company has faced many challenges to date and dealt with them admirably, I’m sure the hiatus in govt talks is being dealt with and Reza going to great lengths to allay shareholder concerns.

As JB says if your not happy with that then move on as many have done in the past(I’m sure jb can rattle the list off for you


With Q2 and H1 production ops and review due in a weeks time I’m sure we’ll all be better informed as to company commitment and direction.

[mad foetus] 08/7/2020 16:06

Also remember the close last night should really have been 135. So it's a decent up day so far