Anglo Asian Mining Share Discussion Threads

[jbe81] 10/2/2016 10:05

Gold could jump up anytime IMO, you would expect some consolidation, but markets changing everyday, so charts might not be that useful.

[mattjos] 10/2/2016 10:01

there is still plenty of time I believe. At least another 5 weeks

[jbe81] 10/2/2016 10:00

another jump in gold, tightly held shares and the prospect of news, make trading this a very bad idea at the moment. Buying the shares back might prove very tricky

[mattjos] 10/2/2016 09:57

personally am not trying to trade it .. just taking my time to average in. There is the risk that an unexpected news item (the Chovdar possibility for instance) upsets any trading attempts.

[on target] 10/2/2016 09:52

This will be why the share price never gets anywhere then - 'holders' are actually just trading it up and down. Shooting themselves in the foot in the longer term as the lack of an up-trend puts investors off.

[zhockey] 10/2/2016 09:39

Well if you want to buy more you don't want the price to rise. Just ask the Chinese ;)

[mattjos] 10/2/2016 09:39

on target - my target that we would see the share price approaching my initial valuation level in Spring 2017. That gives time to add along the way and use trading to increase ones holding.
With no scheduled financial company news before April (other than the local AZ press reports for us to keep tabs on monthly production), there should be time for another drop back in the price. It wont be until beyond the back end of March that we see any T buying

[jbe81] 10/2/2016 09:27

Could drift to 4p on low volume selling, but think 10p rise is more likely. Some "holders" were saying it wasn't a good buy sub 4p last week!

[on target] 10/2/2016 09:20

Bit disconcerting that most 'holders' on this thread seem to be wishing the share price down!

[highly geared] 10/2/2016 09:16

Gold has lifted$100 in c. 3 weeks and needs to take a breather. Consolidation down to $ 1175 wil be fine ready for the next move toward $1300.
The macro picture hasn't changed and IMO will see gold back past $1500 this year.
AAZ will be traded short term , use it as an opportunity to increase your holding if you believe where POG is heading....
All the best.

[mattjos] 10/2/2016 09:13

lets hope so zhockey .. time enough yet between now and April for that to happen, if we are lucky

[zhockey] 10/2/2016 09:03

I agree Matt, looks like a drift back to 4p is on the cards?

[mattjos] 10/2/2016 08:17

Nothing going to happen until Yellen testimony from which US$, markets and gold will take some direction so mm's not interested in business until that is clear, would be my take

[resourceful] 10/2/2016 08:15

will I get 7

[brasso3] 10/2/2016 03:10

Good work Matt

[mattjos] 09/2/2016 23:11

News feed sorted ... Thank you ADVFN Help team :-)

[mattjos] 09/2/2016 23:04

I've asked ADVFN HELP to comment first.

[bleepy] 09/2/2016 23:03

Good job Matt, nice to see recent rns's now displayed.

[zhockey] 09/2/2016 22:54

Thanks for the chart. With regards to news, how about starting a new template thread and copying the code?

[mattjos] 09/2/2016 22:17

does anyone know the html code to get the NEWS section of the header to work??

[mattjos] 09/2/2016 22:12

silver chart and link now in the thread header ... looks same as gold at the mo

[mattjos] 09/2/2016 19:51

Nice trade Cordwainer .. Don't blame you.One of these rises though, will not peter out & catch a lot of people unawares & then they'll be buying back higher.Gold could do with a rest just below 1200 for the time being. The Dow has double bottomed and likely to bounce from here so, expect Gold to fall back for a while now

[jbe81] 09/2/2016 19:47

Fair enough Cordwainer, nice trade. As long as you aren't to sad when it goes past 10p ;)

[jeanesy] 09/2/2016 19:47

Only about a week to go until we get figures for Jan. Lets hope they are good.!Gold holding steady today at the moment.Lets hope it can hold at current levels this time.