Anglo Asian Mining Share Discussion Threads

[mega_trader] 10/2/2016 22:18

Well Well Well, look at gold, nudging at 1200 again and looking pretty strong. When those shorts have to close and we see more flight to safety of gold 1300 looks very possible.

AAZ still cheap, but the cheap stuff soon gets bought up.

[mattjos] 10/2/2016 21:45

If this is what the central bankers have planned in the next phase of this lunacy then, folk will absolutely buy Gold. cash in the bank will reduce in value every day by virtues of -ve interest charge & now they are suggesting that you cant get your cash out in an effort to go spend it before it becomes worth less tomorrow!
No way will folk fall for that ... water always finds a way to go downhill & folk will look for a way to side-step this sort of tosh by the idiots that got in this mess in the first place.

Is it me or, do others now agree we look to be heading straight back to 07/08 but, this time with the added weight yet more debt?

[gary38] 10/2/2016 19:15

I am one of those looking for a gold mineronce l notice the gold price starting to change direction and talk of recession. Looked at a few US gold mining stocks to buy but they have move a lot already but AAZ is just starting to break out to the up side with a lot of potential hopefully.

[gary38] 10/2/2016 19:07

Sounds good to me .l'm looking forward to a rocket ride, haven't had one for a long time.

[zhockey] 10/2/2016 17:55

Gary we had 40% uplift two days back :)

I'm looking for 1000%

[gary38] 10/2/2016 17:36

Doubled bottom chart pattern on the daily chart with a potential target of 40 to 50 % up side for starters.

[zhockey] 10/2/2016 17:25

I'm down south :)

[mattjos] 10/2/2016 17:07

could be a wild ride on gold this eve .. its slowly winding itself up on the hourly chart

[jbe81] 10/2/2016 17:04

Just a question of if its this week or next Terropol.

[terropol] 10/2/2016 16:51

Zhockey, i assumed uk. in the midlands here....You?

[gary38] 10/2/2016 16:44

Just brought In here .

[zhockey] 10/2/2016 16:28

I'm based in the UK, will hopefully get to an IR event this year.

Holding here for so long has made me a bit pessimistic after all the setbacks. I am expecting at least one more false dawn before a lift off.

[terropol] 10/2/2016 16:21

Hi Zhockey, I am comfortable with management. No idea about production, we have to wait and see.
But i think 2016 will be a big year for the company.
I would be happy to see how they are getting on with the Zinc....

Where are you based?

[mega_trader] 10/2/2016 15:24

traded a few here before, but seems like one or two posters recognizing the games on here, some suggesting its controlled by a select few. Well if it is. remember guys, you cant buck the market, times are changing for gold.

I guess with more people looking for gold shares, they will be buying, holding and adding, creating a share shortage, so you might trade this once too often.


1300 next clear resistance point for gold.

[zhockey] 10/2/2016 15:21

Terropol,

Is there not a risk that with all the recent optimism, the Q1 report will dissapoint?

[mattjos] 10/2/2016 14:43

Yellen statement not surprisingly hitting the US$ so expect continued strength in Gold

[terropol] 10/2/2016 14:41

on the next UP UP we will be away..... JBE81.

[jbe81] 10/2/2016 14:36

gold holding up well, if it breaks $1200, think we are in for another good rise.

[gary38] 10/2/2016 11:52

Hedgehog and jbe

[hedgehog33] 10/2/2016 11:42

Including me.... I find these levels 'good added value' points..

[jbe81] 10/2/2016 10:59

Good entry point Gary, plenty of long term holders will be very envious of your entry point.

[gary38] 10/2/2016 10:44

Thinking of buying in here.Gold seems to be rising on fears of recession .FTSE looks like it potentially could enter a bear trend breaking to the down side towards £5200 .

[zhockey] 10/2/2016 10:39

There is always risk to the upside and downside. I personally have not sold any shares in the past 4 years. I would like to buy a few more but would like to limit the downside risk and 4p is a goid entry point IMO.

However if this does spike to 50p in the next few weeks I would not complain!

[on target] 10/2/2016 10:06

I'm still hoping for an update on the effect on finances of the Manat devaluation. Am I being naive in expecting anything on that before April? Seems a long time to hang onto such price sensitive information.