Anglo Asian Mining Share Discussion Threads

[klosters65] 19/8/2020 12:00

When the Gadir tunnelling is completed and a News Release confirming that we have started excavating the high-grade gold, then I will eat my proverbial hat if we do not at last have a new high share price Till then relax and add to position if any funds left. What an opportunity that the share price hasn't shot upwards with the current price of gold.

[mattjos] 19/8/2020 11:46

HGM has gone. POG is a total gamble with the background situation. RSG, CORA & HUM are all off-limits just now.

Investors into the London Gold mining sector are fast running out of sensible investment choices!

Meanwhile AAZ is cheap & paying a divi … the money will be coming in here, if only as a consequence of Hobson's choice, let alone the obvious investment appeal

[mattjos] 19/8/2020 11:33

When a company such as HOC suspends its dividends but, AAZ maintains its dividends & AAZ still so undervalued.
Cheap as chips here guys

[callmebwana] 19/8/2020 11:29

LOL,Walter W. Better sticking with AAZ or PUR. You can get your fingers burnt venturing into far away pastures.
ATB.

2SP,your posts are always full of information. Thank you very much for that. Much appreciated by all I am sure.

[11_percent] 19/8/2020 10:46

Price of gold inching back towards 2000 again. Seems very volatile atmo.

======

The indicators I taked about in post 106, are looking good.....but gold is down.....because gold, silver and Bitcoin were all shashed down yesterday at 15.00 GMT. .....a co-ordinated attack.

Gold has come back and is playing with 2K, the beting is that the FOMC meeting minutes which are due out 2.00pm US East time (7.00pm here GMT) will contain a hint on:

Yield curve control.....ie they are going to keep interest rates low.

2% inflation target will be let go.....ie, they are going to let inflation rip.

Policy change good for PMs.

[droyden] 19/8/2020 10:25

Breakout at avct

[walter walcarpets] 19/8/2020 10:24

Also CORA! Nearly had a dabble there but read about the unrest and gave it a swerve!

[jeanesy] 19/8/2020 09:59

Price of gold inching back towards 2000 again. Seems very volatile atmo.

[wanobi] 19/8/2020 09:18

many thanx 11% I now have an indicators watch-list on IG with those in it and will start to learn how these things work :-) Cheers Wan :-)

[11_percent] 19/8/2020 09:06

Wan,

I use IG to track the US Dollar Basket.
As the $ goes down, gold tends to go up, although this is not a cat iron corelation.

Also, "Ten Year Note Decimalised".....this is the price of the US 10 year bond. Its a benchmark of yield. As the yield on these goes down (bond price going up)....gold tends to go up.

Also, "iShares TIPS Bond ETF". This is a measure of real inflation rates. As it goes up, gold goes up.


I have these on a separate IG "my Workspace" along with gold and silver.

If these 3 indicators are all going the right way, gold will rise.

Also, one of the best indicators is "Real Interest Rates'........!0 year yield - inflation rate, although I have not yet found a ticker on IG for this.

You can also add the gold (abd silver) Futures Contracts to the Workspace, although I still dont know what they mean or how to use them.

[avsome1968] 19/8/2020 08:31

So true Fozzie good luck

[fozzie] 19/8/2020 08:26

Me too Avs. Things like this usually sort themselves out in time and then I always wonder why I didn't buy shares at the low. PUR and the forest fires was a good example last week. A bit of a nothing rns and shares down to 100, two days later and they are 120. Looks a good deal more serious here but I'm hoping for a similar outcome, shares down from 43 intraday last week to 30.

[avsome1968] 19/8/2020 08:21

Hope so Fozzie watching on the sidelines for now.

[fozzie] 19/8/2020 08:17

I bought a few more HUM this morning. Long term should be ok I feel.

[avsome1968] 19/8/2020 08:13

hum


Opened at 30p could be a bargain or maybe not?

[avsome1968] 19/8/2020 08:07

BON

Resolute Miming?

I suppose it makes sense as Mali is ex French


RSG down 17.5% in Australia this morning (@60% in Mali I think)

[jeanesy] 19/8/2020 08:04

Nice interview from PALM out this morning. I think this company is worth a punt on recent pullback

hxxps://total-market-solutions.com/2020/08/19/panther-metals-august-2020/

[wanobi] 19/8/2020 07:56

Great posts last night guys, many thanx Cheers Wan :-)

[wanobi] 19/8/2020 07:56

Good morning all, Good luck and good health to all today :-) Cheers Wan :-)

Flying blind this morning??

None of my ADVFN feeds are streaming, empty tables everywhere!!!

grrrr

[jeanesy] 19/8/2020 07:48

Thanks Papy02

[the stigologist] 18/8/2020 23:11

#C4XD

Breaking out above 50 and 200 day Moving Averages (SMA and EMA)

Golden Cross on SMA. Imminent on EMA

Gap to c.40p needs closing

On any licencing deal chart to me says potential for 100p from current 24p

Chart looks immense. I'd prefer breakout on news but this looks volume driven and we have clear gap to fill up to 40p (last licence deal with INDV stock went from 60p to 120p on a $294m deal)

[riggerbeautz] 18/8/2020 21:42

Flipped a chunk of ROXG into IPT as former near highs, the latter has cooled. Got a chunk left to add SVL on ASX if it pulls back or ELY if it doesn’t.

[mattjos] 18/8/2020 21:33

looks like another $1.5Trn going to be printed in the USA as Feds and Dems close to a deal.
The FED will have to crank up QE into the next gear