Anglo Asian Mining Share Discussion Threads

[klosters65] 23/5/2021 18:57

odsjp Hoping finally, finally my persistence with AAZ and 0RPH will come good. 50/50 please

[chillwill] 23/5/2021 18:34

I think a lot of people buying bitcoin for dollar collapse hedge might jump ship and get into pm's now crypto has shown it's true colours

[e43] 23/5/2021 18:11

Odsjp, I'll go all in with SAVE this week, results due on Friday, CEO Andrew Knott bullish on prospects in late Jan,but apart from one new gas contract in Feb no real news since.Tyou

[the stigologist] 23/5/2021 17:57

Or it could just collapse straight down to $20k and overshoot to $10k as Governments make it illegal and prosecute anyone who trades it as being part of a ponzi fraud. Imagine they check out all the hard drives of those trading bitcoin I'd bet most of them (99.99%) been using it for drugs, terrorism or child porn

[the stigologist] 23/5/2021 17:54

Chance for a close at $30k and a dead cat bounce to retest neckline at $40k but medium term $20k seems nailed on to me

[jbravo2] 23/5/2021 17:49

To add further weight to my “hunch” re Garadag, the company was aware it was all part of the same system as Gedabek and it was documented as such in the January 2019 mineral resources report.

“The Gedabek ore deposit is located within the large Gedabek-Garadag volcanic-plutonic system.”

[inaminute] 23/5/2021 17:42

Another poor day for Bitcoin

[michaelfenton] 23/5/2021 16:28

Great work Mattjos. Cheers.

[qazwsxedc69] 23/5/2021 15:45

All in on DDDD for me please

[kfr20] 23/5/2021 15:43

Odsjp, CAR & AAZ this week pls. Cheers.

[onedayrodders] 23/5/2021 14:54

hi odjsp

100% ECR for me this week.

There has been a pattern of very large buys at any sign of any weakness, including buys of 40, 50 & GBP 60k.

ECR, whilst having a very interesting portfolio of excellently located exploration license's in Australia, and one close to the hugely successful Fosterville mine, is still currently just a man beside a hold with a spade and big promises.

These regular chunky buys look too big to be playing a binary small cap gold explorer without being .. shall we say "quietly confident"

Hopefully we'll find out this week or soon.

ODR

[onedayrodders] 23/5/2021 14:11

8th Feb 2021

"Derisked"

Appearing on CNBC to comment on Tesla's (TSLA +0.8%) disclosure of the purchase of $1.5B worth of Bitcoin, Michael Saylor didn't confirm or deny whether he's been in private contact with Elon Musk. He added the move has de-risked the acquisition of Bitcoin by public companies.

yeah Righto Michael LOL

It's just a game between those two

[goldrush] 23/5/2021 14:04

wanobi et all

I encourage you all to spend 30 mins on Kingworldnews.com and listen to 2 interviews today....

Alasdair Macleod-- explaining Basle III deadline and how/why it will take place and the implications.

Peter Bookvar-- I have followed him for a few years and he usually makes some good calls....

ALL IMHO

[goldrush] 23/5/2021 13:39

Mattjos

Thanks for that great post.

During this exciting 6 week period details on the new licences/extensions will be RNS'd (Bill said in the Webinar they wanted to release this info with the Results last week ) .....That in itself should put a booster into the share price.....

Then there is the Basle III DEADLINE OF 30th June.....I encourage all to go to KINGWORLDNEWS.com today and listen to Alasdair Macleod explain the significance in nice simple terms. Also listen to the Peter Bookvar interview....I have followed him for a while and he makes good calls....You don't want to be out of the gold space in the coming months IMHO

Thus Matt this most certainly looks like a very exciting time for AAZ and it could get quite explosive just as your charts are predicting 😀😀

[wrighty46] 23/5/2021 13:20

I do agree mattjos or that was my thinking. However it does appear to be evolving where developers are working towards a tangible end product. This is the space that is grabbing my attention.

[mattjos] 23/5/2021 12:20

Eldorado Gold have a porphyry Gold deposit in Turkey (the KI?LADA? GOLD MINE, TURKEY) which is also full of Tourmaline (as is Zafer).



They issued a detailed Technical report on the deposit last year which is an interesting read & may give us a bit of a heads-up as to what we might expect from AZZ with regards Zafer.

Early indications are that Zafer is a significant Gold/Copper porphyry deposit & the speed at which AAZ are going at it, suggests they know this is what they have been looking for in/around Gedabek for years ... & blow me, it’s right on our doorstep.

Tourmaline crystals themselves are highly sought after and saleable.

Behre Dolbear’s analysis in the pre-IPO report was spot on with regards the chances of finding one or more significant Porphyry deposits in the AAZ Contract Areas.
Back then, the AAZ valuation calculations (using todays metal prices) would come out around $500m+.
If they now prove up at least one huge porphyry orebody, i think we should at least double that valuation ..... & we have not even started at Ordubad yet + at the time of the Behre Dolbear report the 3 CA’s in NK were given Zero value.

Recent developments have caused me to revise up my own personal price target here to more like £10 / share but, that may very well go significantly higher according to the future Zafer JORC’s, Ordubad exploration results and exactly how we are able to bring the mines in the 3 newly released CA’s into production.

I do expect the Zafer JORC to be the catalyst which sparks a rerating on the equity to start closing this valuation gap ... thread followers here have a small 6-week window of opportunity to get in ahead of the broader market, imo & the obvious TA would suggest to keep buying on any day to day weakness up to the £1.75 level .. news should trigger the breakout past that level & I believe will open up the next £1.75 - £3.50 box.

[mattjos] 23/5/2021 11:43

Paul still appears one the Hardmann 'Our Team' page of their website, DP

[mattjos] 23/5/2021 11:31

There may be a limit on the quantum of any one particular crypto coin but, there is no limit to the number of different crypto currencies that may be invented and in that regard, the crypto space is even worse than the FED & the other central banks.I expect this mania to pass and most participants will lose most/everything. As that realisation dawns, so the spotlight will return to Gold ... finite, cannot be 'created' & a universal store of value since first identified by man.Yes, it has been subject to rehypothecation in the paper market but, that looks to be coming to an end with the implementation of the new Basel III rules & this is going to assist with truer price discovery in the Gold markets.For your average person, investing in a profitable and dividend paying Gold mining company still seems the most sensible option ... you are getting a return on your investment, Gold mining companies do offer some leverage to the price of Gold & the equity is fungible in the stock market. It may seem 'boring' in comparison is probably why crypto is favoured by the younger generation who are more 'anti' establishment than older folk & that makes it easier for market commentators and 'social icons' to stir up the more volatile emotions of crypto punters.I think the crypto space is nothing more than gambling & like most forms of gambling, it is not the punters who win in the long term. The punters are there simply to provide the 'action' and the monies for the 'house' to collect. Yes, some people will win big in the space but, only if they take that big win and bank it and not get tempted back in to the mania as it rapidly declines.The whole thing seems nuts to me & i stay well away from it all.

[donald pond] 23/5/2021 11:26

For next week the dream team of AAZ, DDDD and PXC for me. I think all are at sentiment tipping points

[venture2] 23/5/2021 10:00

just a thought , why are crypto currencies valued in conventional money ie dollars , surely bitcoin,s should be valued in doge coins etc if at all , seems to me they need the dollar to give it legitimacy

[wanobi] 23/5/2021 09:52

Good morning all :-)

Feel free w46, this board should always be about the 'bull & bear' case for any opportunity,,, even Tulips stig :-) LOL,,,,, cheers Wan :-)

[the stigologist] 23/5/2021 01:16

Is anyone interested in any tulip research? I wont disrespect this excellent board if no one is interested but if anyone is I will put up 1 post with a bit of research for you to do. I'd never even considered tulips until about 8 weeks ago. A gamble yes but rewards are pretty good. GLA

[wrighty46] 23/5/2021 00:01

Or re search a few defi tokens different to BTC. Some have very good projects on the go. 2 I'm looking at in particular and have taken a stake are feg token £200 now around £3000 did briefly go to around 16k, bought in on 7th April, and ape token £600 bought last week still same mc. The latter is working towards an e sports app that allows betting for gamers, cutting out fiat transactions and currency exchanges, using the token as currency. The token has only been released a week has just passed 1st audit and £1m mc. Marketing and logo for token are imminent. This is ground floor entry. Still a gamble yes but rewards are massive. They are alot of hype and probably go against everything I've learnt over the last 12 years or so while investing, but alot of fun and the volatility is crazy. Not for everyone. GLA