Anglo Asian Mining Share Discussion Threads

[king suarez] 10/8/2020 16:45

It is interesting that HGM still sit below the takeover offer price - potentially an easy 2% to be made if you can buy in at 294, when the offer is 300 and share price was above 300 pre-offer?

[wanobi] 10/8/2020 16:43

aye aye :-) Cheers Wan :-) LOL

[wanobi] 10/8/2020 16:42

aye :-) Cheers Wan :-)

[king suarez] 10/8/2020 16:42

Yes, it looks like AAZ may remain below recent highs until the next quarter production update, where hopefully they smash it out of the park with the move underground and the additional tailings being processed - market is being a bit short-sighted I feel..

[katsy] 10/8/2020 16:41

No auction tonight?

[2prsimo] 10/8/2020 16:41

A good day for DDDD and plenty more to come

[lhoskins] 10/8/2020 16:20

Looks like a lot of mining companies are down today.

[wanobi] 10/8/2020 16:18

so, AAZ down more than POG today :-) LOL,,, amazing :-) Cheers Wan :-)

[klosters65] 10/8/2020 15:41

Silver up 6%.Do we have any?

[mad foetus] 10/8/2020 15:22

POG and AAZ both down 2.5%. What a game!

[wanobi] 10/8/2020 14:57

pondered this am and took the plunge at the open Rb,,, I'm on the silver roller-coaster,,,, fingers crossed :-) LOL,,,, DSV in the bag :-) LOL, GLA Holders, Cheers Wan :-)

[lefrene] 10/8/2020 14:51

Well, there's nothing wrong with the price of gold this pm.

[katsy] 10/8/2020 14:48

Interesting to see the delayed trades here to justify the afternoon drop.

[qazwsxedc69] 10/8/2020 14:33

Yep - I got out around 30p, but was happy to get away, especially with an average of 11p. Going to get messy over there.

[mattjos] 10/8/2020 14:27

POG Exit doors will be overwhelmed

[katsy] 10/8/2020 14:25

Well when the news first broke the share price was lower than it is now, so waiting to find out was still worth it.

[mattjos] 10/8/2020 14:21

Yup, anyone with any sense would have been out of POG earlier as soon as all this brewed up.
Anyone still in it today will be heading for the exits now as a forensic drains-up will take months and months & the company will now be being deliberately run down, imo.

With HGM also now gone, there are less & less choices to consider

[fozzie] 10/8/2020 14:20

It's quite a read Wan, $10,000 gold over the decade but there is apparently an old correlation between a central banks balance sheet and the price of gold going back to 1913. G&R believe that this correlation justifies a gold price of between $15,000 and $25,000 even allowing for adjusted reserves, now put that in your pipe and smoke it lol

[wanobi] 10/8/2020 14:15

aha many thanx fozzie, one for me to read tonight, cheers Wan :-)

[fozzie] 10/8/2020 14:11

That link to Goehring & Rozen Q2 commentary doesn't work. They have it on seekingalpha

[wanobi] 10/8/2020 14:07

hmm, will be interesting to see what happens now pogue, cheers Wan :-)

[katsy] 10/8/2020 14:02

Coup complete at POG, maybe some of that money is coming over here.

[pogue] 10/8/2020 14:02

Ooofff bad one at POG the Russian Mafia got the upper hand in the vote, I was waiting to put on the cash on a positive result saved by the bell there.

[wanobi] 10/8/2020 13:51

hi oakey,, a lot higher than today oakey is about all I can say... :-)

Reata - out of kilter valuation as Bumpa puts it :-)

US$5,283,859,887 versus $21,280,000,,,

erm a factor of 248x,,,

LOL

fingers crossed, we shall see :-)

Cheers
Wan :-)

[onedayrodders] 10/8/2020 13:50

ALTN Q3 production in line ... growth story in place and new equipment and soaring gold price will ensure Q3 report will be a major catalyst to the SP