Anglo Asian Mining Share Discussion Threads

[riggerbeautz] 05/8/2020 15:54

EVG not all about Covid too remember :)

It’s been a good week so far!

[brasso3] 05/8/2020 15:47

Pogue

ORPH and DDDD very frustrating at present! :)

EVG and FDBK not so frustrating!

[gold finger 1] 05/8/2020 15:46

To get some news out now would be the cherry on the gold bar.
Copper flying, that will help also.
Happy days.

[pogue] 05/8/2020 15:44

Yeah CV19 plays having a holiday letting precious metals and crypto currency have fun. They will come again when they start putting out RNS's showing they are cashing in on the products they have. We all know CV19 is not going anywhere soon last pause I felt was people thinking it had gone away.

[wanobi] 05/8/2020 15:43

looks like it Brasso :-) Cheers Wan :-) LOL

[wanobi] 05/8/2020 15:41

CNG - lets, see if we can breakout on this gold run or not :-) GLA Holders
Cheers Wan :-)


free stock charts from uk.advfn.com

[doc_oj] 05/8/2020 15:40

I bought some conroy a few days back. Anyone else here? Thought if it was good enough for our company, it's good for me although only a small amount

[mattjos] 05/8/2020 15:37

roll up, roll up! AAZ Still £1 coins for 50p

[brasso3] 05/8/2020 15:34

Wan

Gap filled on the SP500? :)

[bonio10000] 05/8/2020 15:32

I guess the beauty of ATHs? No resistance.

Also more people are aware of the narrative.

[lefrene] 05/8/2020 15:30

Who'd have thought that possible so soon?

[bonio10000] 05/8/2020 15:27

$2050 gone.

[king suarez] 05/8/2020 15:07

Yes, AAZ is on an approximate forward p/e ratio of between 4 and 5 currently, excluding the net cash balance (i.e based on market cap not enterprise value). If gold holds anywhere around these levels you have to say that £3 a share should represent a fair(er) value imo - with (much) more to come after resource extension(s) and hopefully plant expansion(s).

[klosters65] 05/8/2020 15:04

Conroy Gold up over 12%.AAZ up 4%. I think, for a lot of people psychologically it is difficult for them to buy a share at 170p. They simply rather buy a share at 20p.

[doc_oj] 05/8/2020 14:48

@cinoib: you are correct in all you stated. Firstly the power of hindsight. Secondly I did own some cey, traded 2-3 times for a profit. Didn't benefit from the relatively recent massive rise.
Now I have a pretty substantial holding here (for me at least). I am comfortable with my money parked here. A few percentage points of a big holding is better than doubling a small sum of money.
Everyone has their own strategy. Some make it by working hard, some in stocks, others gambling/ lottery. I am making money but that does not give me the right to come and tell people what to do and how to do it. I will be happy to share my wisdom if someone asks for it.
You are very repetitive in what you state about aaz, and how you are a success story. Everyone here knows it now. I'm not entirely sure how it benefits anyone anymore?
Why don't you become a fund manager and people can benefit from you?

[bo doodak] 05/8/2020 14:44

Interesting persspective for consideration -

[gutterhead] 05/8/2020 14:42

I filtered him ages ago.
Confirmation bias in the extreme.

[gold finger 1] 05/8/2020 14:39

Every bb has one,looks like Cinoib is ours.

[jbravo2] 05/8/2020 14:33

Shame to waste your time here then eh?
Leave us to it

[ilostthelot] 05/8/2020 14:32

Way undervalued still. Maybe we'll see a surge breakout move now Over £2. It is long overdue imho

[cinoib] 05/8/2020 14:31

doc, last time AAZ was this price gold was around $1450 so will let you work that one out for yourself, but CEY at that time was 50p below AAZ and now with today's rise is 50p in front. Since then the spread here has just got worse whilst the spread on CEY is normally around .2p, yes .2 not 8 or 10. so make it much easier to trade a few as well as get a good return if you like to sit on them. Divi not as high, but who cares about that, that is just a bonus. In 1 year CEY has gone up by 80% while this has sat pat. So makes a mockery of the high divi.

[mattjos] 05/8/2020 14:30

JPM rumoured to now be completely out of their short positions on both Gold & Silver

[mattjos] 05/8/2020 14:29

any momentary pullbacks on gold are getting gobbled up

[lefrene] 05/8/2020 14:28

Looking forward a year at a possible margin of $1500 (gold at $2100) and 80,000oz geo you have a gross $120 million, say $60m to AAZ less tax etc, leaves circa $45 million net, leaving the company at present value at 4.22 times net profit. With the assets thrown in for free. OK very back of an envelope, but it includes nowt for future valuation from the other properties.