Anglo Asian Mining Share Discussion Threads

[onedayrodders] 10/1/2021 11:55

odjsp .. apologies, my mistake

Not looking forward to the first update anyway :O(

[onedayrodders] 10/1/2021 11:48

wanobi8 Jan '21 - 17:56 - 29471 of 29551

Indeed Wan .. but only postponed .. (again !)

[jbravo2] 10/1/2021 10:41

So Aliyev and Pashinyan are confirmed to be meeting tomorrow in Moscow with Putin.
There will be trilateral talks as well as individual talks for each leader with Putin.
Armenia is very nervous about what Pashinyan will sign. Think that’s more to do with opposition propaganda though. Can’t see him signing anything significantly controversial.
Armenia continues to be driven by the short term outlook of consolidating the current situation then about getting back control of what they’ve just lost rather than looking to the long term benefits they’d gain if they could actually trade with all the countries surrounding them rather than the isolation they currently face.
I’d be surprised if anything changed massively as a result of the meeting, I suspect they will instead focus on improving transport links seeing as there will probably be an impasse on the future status of Karabakh.

[wanobi] 10/1/2021 10:16

many thanx c0lin1, some good points in that link;

Gold goes up when people lose confidence........ A bull market in gold is a sign of a loss in confidence in the economic system, markets, currency and the ability of government to fix it. A loss of confidence in government itself.....

This is our fundamental case for higher gold and silver prices

This is the most bullish scenario for gold I have ever seen or studied. We are going much higher before this is over. How high depends a lot on how fast we get there. I’m expecting gold between 3500-8000 before this is said and done, with the median target at 5000. The point is: Our fundamental case for gold is sound.

This looks like it’s forming a cup and handle consolidation right at its highs which is very bullish.

Cheers
Wan :-)

[jbe81] 10/1/2021 09:53

Yes Brasso, a lot of ARB money going to blu. Several potential bits of news that could see it multibag

[qazwsxedc69] 10/1/2021 09:49

Excellent article, thanks.

[brasso3] 10/1/2021 09:34

BLU would have been 0.4p - 0.5p this week without the larger seller.

[jbe81] 10/1/2021 09:32

blu and sbtx for me this week please

[brasso3] 10/1/2021 09:21

Jeff Booth is awesome!

Ethereum closing in on $1400. Should be carnage when that falls...

[walter walcarpets] 10/1/2021 09:20

Awesome interview with Jeff Booth (The Price of Tomorrow) of why a system reset is inevitable.

[wanobi] 10/1/2021 08:57

oh btw, Good Morning all :-),,,, chilly one today :-) Cheers Wan :-)

[wanobi] 10/1/2021 08:55

agreed KS,,, its the ones where the promises never materialize and the dilution goes on and on and on to support the business and pay the directors for as long as they can keep the jam tomorrow story going,,, zombie companies only viable by continuous offerings at lower and lower prices etc etc,,, cheers Wan :-)

[king suarez] 09/1/2021 23:22

oakey1 I agree regarding share confetti - I think that if that is going on whilst you're buying then best to avoid, BUT if you can get in after all that is done and the shares have found new homes AND the company is earning/near earning cashflow - then that is the time you can start to reap rewards - like with RMM now, market still likely absorbing some churn of the placing shares..

[mattjos] 09/1/2021 22:56

Just noticed its The Big Short on bbc2 later this eve

[odsjp] 09/1/2021 21:54

Hi ODR,
You entered the 2021 yearly (investment)competition but there is also a 2021 weekly (trading) competition.
For the yearly one, I will report on progress on the last Friday in the month, so the first update will be on Jan 29th. With this competition you pick a single share for the whole year.
For the weekly one, you can pick unto three shares and if you want change them weekly. You are welcome to enter the weekly one as well if you want

[oakey1] 09/1/2021 21:15

KS I agree number of shares doesn’t matter when it comes to share price increase but the reason for my red flag is that if a company issues shares like confetti then the management clearly doesn’t care about investors ...SYME could come good I just don’t like companies that throw shares out Willy nilly

[wanobi] 09/1/2021 21:08

free stock charts from uk.advfn.com



on the up,,,, cough cough splutter :-) LOL..........

Cheers
Wan :-)

[onedayrodders] 09/1/2021 21:01

Hi Odsjp ... not that it's ripping out trees currently but I didn't see my 2021 comp entry RMM on the list earlier

[wanobi] 09/1/2021 20:42

why thankyou MF :-),,, I do feel like I'm getting to know the game a bit better these days :-),,, it takes time, patience and a lot of reading :-) :-),,,, and some excellent support and advice from you and others who post here :-)EML - agreed, always thought EML would come good, just didn't know how long it might take :-) as for AAZ,,, I may be buying even more next week,,, surely they have so much to talk about now..... just wish they'd get on and talk about it,,,,, or you,,, give em a call MF and let's get the party started :-) Cheers Wan :-)

[mad foetus] 09/1/2021 20:28

Wan, if you've worked out that some companies create nothing other than shares and directors salaries you know more than many AIM investors I'm very pleased with EML and it's in my top 5 holdings but there are plenty of good companies out there. The challenge is either being patient enough to wait out the quiet periods or finding a system that largely avoids them. That has been the genius of GGP (which I don't hold): constant news so there's never an extended quiet period. I hope AAZ try to maximise bang for their buck on news flow this month...fingers crossed!

[wanobi] 09/1/2021 20:16

great post KS,, many thanx for sharing with all, cheers Wan :-)

[king suarez] 09/1/2021 19:17

Here are some shares that I think are worth keeping an eye on over the coming weeks:

1) TXP - news is due on two fronts. First, flow test results of the Chinook discovery (due late Jan), already described unofficially by the CEO as a 'world class' discovery. Secondly, flow test results of the deeper discovery at Cascadura (due early Feb), the earlier upper zone discovery already officially described by the CEO as a 'world class' discovery. Thirdly an investor presentation event on 14 January - likely giving some 'meat on the bones' to the company's forward strategy.

2) EEE - a second phase of drilling has commenced at the Eclipse Gold project in Australia:

"· The drilling will also test known mineralised structures parallel to the main Eclipse vein, which have historically yielded attractive intersections (e.g. GD015 which intersected 2m @ 16.34 g/t Au from 66m downhole, in a structure that appears to be 20m north-east of the Eclipse vein trend). The confirmation of additional parallel mineralised veins could significantly enhance the surface open pit potential.

· Programme is expected to take four to six weeks to complete."

One only needs to look across at GGP to see the sky high valuations a gold explorer in the region can achieve on modest resources.

3) ALGW - my entry for the annual competition. A January trading update is due in... January. Depending on whether this is a 'not much has happened due to Covid' update, or a 'things are really starting to move and funds are coming on board' update the share price is likely to move significantly one way or the other so a potential buying opportunity to get on board with either cheap, or very cheap stock, depending on the news.

4) ACP - mentioned a while ago. Have a graphite project with $420m NPV and an IRR over 90% with extremely high grade quality graphite in Tanzania. Been waiting a long time for a mining licence application to come through. so that funding can be arranged for mine development. V low market cap v NPV at less than £20m. Shares likely to be in high demand if/when positive licence news comes through (was targeted pre-Xmas).

5) JLP - HY update due by the end of Jan. Expecting these to show marked increase in earnings due to the rise in the PGM basket price.

[qazwsxedc69] 09/1/2021 19:02

That 4.5-5p sideways trading seemed to last forever, but for me it was change to build a very chunky stake. The raises were handled well and management are very engaged.I think it is a fantastic stock and is getting more attractive by the day and news flow of going to be very significant over the next few months.

[upthepool] 09/1/2021 18:47

Same as you regarding EML, held them for ages, got bored as they were going nowhere and other stocks were flying and sold at about 4.5p.Oh well, can't remember what stock I replaced them with but my portfolio has done OK since then.....so, you win some, you lose some