Anglo Asian Mining Share Discussion Threads

[michaelfenton] 15/6/2022 12:02

lefrene - lets hope so.

[king suarez] 15/6/2022 11:45

This highlights the relative underperformance of AIM O&G shares still?!

[lefrene] 15/6/2022 11:04

mf, I noticed a large sell in gold at 07:45 this am, the resulting circa $5 drop has now been reversed. It would be good if the gamers are running out of ammo. No doubt once those with the ammo to keep shorting run out of credit, the market will get wind and there could be a panic to cover? Then we would see the re-rating.

[wanobi] 15/6/2022 11:02

I suspect many are simply going to cash for the summer now,,, let the markets/world do its thing and see what's wot in the Autumn,,,, or, head in sand and don't look in till then :-)... cheers Wan :-)

[wanobi] 15/6/2022 10:55

yep, tis a mess out there right now Lp, for sure and the likes of AAZ are brought down on very small volumes... Cheers Wan :-)

[michaelfenton] 15/6/2022 10:40

Manipulation is rampant and cannot (I hope) be retained forever so the shock/horror will eventually occur. Rise in Gold/Silver prices.

[lloydypool] 15/6/2022 10:28

Also, BTC flirting with sub $20k as I type, what is happening to the cash being withdrawn there? Are hodlers waiting on the sidelines or looking for somewhere else to reinvest?

[lloydypool] 15/6/2022 10:25

Investors are selling anything they can at this stage so I expect AAZ could drop further until buy backs start. Very few shares are escaping and since Friday I’ve been butchered despite being largely in cash! The stuff that I hadn’t sold (heavily oil weighted) has all fallen, anything I’ve been looking at that looks like it is now great value has then fallen further.

I’m sat on 50% cash in my PF plus cash in the bank earning a tiny % whilst inflation eats away and I’m sure many are in similar positions. That makes me wonder whether actually there may be a point much sooner than we expect where the quality stocks start to turn up quite quickly.

[lefrene] 15/6/2022 10:03

No wonder that's not being reported in Western media, it falls into the same category as the Repo Market hiatus of 17-9-19, much too big and nasty for the plebs to get wind of.

So it's begs the question as to why is Gold so cheap, and nothing being done about the obvious manipulation (see Andrew McGuire and Alasdair McCleod) I'm expecting the gold gamesters to run out of ammo, and when they do a rapid value correction will occur, it's only a matter of when, and it could be soon.

In the meantime would the President kindly take Sir Humphrey around the back of the bike sheds and give him the 'message'.

[wanobi] 15/6/2022 10:00

free stock charts from uk.advfn.com


who knows!!!

war!
rat!
ggrrrr!!!

Cheers
Wan :-)

[wanobi] 15/6/2022 09:54

yes, down this year for sure, but up on the game since starting by way more than bank interest and inflation, so happy with that,,, can always do better & worse!!,,, I suppose it's easier only using funds in SIPP & ISA wrappers as that way I can ignore the yearly performance as I don't need to be accounting for cap gains, losses and associated tax each year etc etc,,, I just look at progress from the start of the game..... that said, I'm expecting further drops in the value of my holdings,,, AAZ may even test 80p again and form a double bottom from which AAZ's own buying can lift them away,,, maybe LOL :-) oh what a game it is :-) GLA Cheers Wan :-)

[odsjp] 15/6/2022 09:01

Jeanesy - I am firmly with you in the negative camp this year, you are not alone. It seems that when the FTSE goes down then my shares follow and when it goes up they still go down.

Thanks wan, will see what happens with THG. If there is a bid then they have to table an offer by COB tomorrow so might not get an update to Friday. if there is not a bid, I hope that MM will try and take it over himself or split it up to achieve fair value.

[wanobi] 15/6/2022 08:06

well, not significant but an early SB produced enough for a few beers later on :-)

Cheers
Wan :-)

[wanobi] 15/6/2022 07:40

THG - I'd think that RNS will stoke some buying today!?
GL guys,
Cheers Wan :-)

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, the Company confirms that as at the close of business on 14 June 2022 its issued share capital consisted of 1,246,085,860 ordinary shares of GBP0.005 each ("Ordinary Shares"). The Company does not hold any shares in treasury.

let's see shall we :-)

GAP up I suspect :-)

[wanobi] 15/6/2022 07:11

Morning all, Cheers Wan :-)

[katsy] 14/6/2022 23:10

There’s a run on Chinese banks and it’s being ignored by the world

[1knocker] 14/6/2022 22:59

terrapol why would an independent Greater London want to retain any responsibility for the rest of the UK? Why accept the burden of paying for the rest of the UK to live beyond its means? And actually London is very different from the rest of the nation, even SE England. It is much more cosmopolitan, A lot of the surprise over Brexit occurred because few I London thought it even imaginable, and outside London most people's worst nightmare is that their locality might grow to live and think like London! Dividing my life between London and a town ib Suffolk, in many ways I might be living in two different countries.

I find the whole concept of self determination difficult. What is the logic of requiring Orkney or Shetland to become a part of an independent Scotland if they vote to remain part of the UK in a referendum in which 'Scotland' votes for independence?? If Scotland were to become independent, should the border counties (on either side of the border) then have a right to opt in or out of being part of that independent Scotland? Should England have the right to decide to be independent of Scotland,N Ireland, Wales contrary to the wishes of those countries and potentially leaving them as much poorer independent countries against their will? If so, why should Greater London not leave the UK? Who actually is an Englishmen, Scot etc? And why does being a Scot entitle you to rights of self determination which being a Shetlander, Orcadian, or a Cornishman apparently does not?

I don't think Borris would stand an electoral prayer in Scotland, and I am sure Sturgeon would not in England. Perhaps that is the new 'cricket' test for nationality!!

[e43] 14/6/2022 22:31

Jeanesy,still well up on the year, record weekly close last week,but off 4% this week so far, basically moved to a pure energy portfolio (90%ish)last autumn, made a few mistake s within that though, like ADV&UOG but most have been good.

[digger18] 14/6/2022 22:28

Excellent, but the strong Dollar and threat of increasing interest rates, is slowly bringing down gold. We need good news to stop the rot!

[mattjos] 14/6/2022 21:49

3.5c divi at current GBPUSD = at least 2.916p divi.

[sideshowbull] 14/6/2022 21:30

Can you translate to Polish = BIRDISTHEWORD?






No advice

BWTFDIK

[sideshowbull] 14/6/2022 21:24

Matt are you guys posting from Poland?

Does the BB translate to your language?

[mattjos] 14/6/2022 20:55

Nightmare language here. I can never get the hang of it.English word = Yes ... Polish word = Tak. you hear lots of 'Taks' all day long in conversation and then .....English word = Yeah .. Polish word = NoI am sticking with Tak ! The rest is is completely unpronounceable anyway :-)

[mattjos] 14/6/2022 20:01

July 2020 breakout line for BTC was 10,000 ... could easily re-test that line. No position either way as I still believe it's completely without any value whatsoever ... Tulips will likely retain more value than Bitcoin.The Dow had got up to 29,500 immediately prior to Covid panic & resulting money-printing fest so, it seems the most obvious first point of support that MAY hold is 29,500.Assuming the combined rate rises and QT only effectively retires the additional Covid liquidity then, it may form a stand there on the basis that a more gradual 'inflation-recession' is more tolerable than a 'flash-recession' that Covid would have created, were it not for the FED's actions.Of course, that still leaves 2009 - 2020 of QE to unwind before inflation can actually be fully slain but, I believe that is not going to be attempted, not this first time anyway.Talk of 0.75% hike but actually only deliver 0.5% hike will likely be seen as sufficiently 'Dovish' for a Summer bounce while the FED then watch and wait.