Anglo Asian Mining Share Discussion Threads

[mattjos] 15/6/2016 19:28

Quelle surprise .. No rate rise in the USA. As if they were ever going to so close to our referendum! So, nothing there to halt gold's rise. Jitters over coming days re our vote look likely to be the dominant factor on price of gold in the short term. Imagine price will hover on the $1,300 pivot for the next week now.

[zhockey] 15/6/2016 17:56

If it does it will be pure chance!

[mattjos] 15/6/2016 16:00

it will be interesting to watch the chart unfold Phil. am curious to see if the right side advance mirrors the left side decline.
Everyone can see that 20p has been a significant pivot historically

[jeanesy] 15/6/2016 14:15

There goes that sale and the reason why we can now buy.

[mattjos] 15/6/2016 13:53

you could say the blue line represented the lows of the long-term uptrend prior to Bashirov selling. Let's see if, in time, it re-establishes that as the base line going forward


free stock charts from uk.advfn.com

[catsick] 15/6/2016 13:42

The bashirov selling pushed it from 30p to 4p as was too much for the market to absorb, now we have a macro environment very positive for gold and the overhang fully absorbed , the move back to 30p could be swift

[jbravo2] 15/6/2016 13:22

Nice zhockey. That beats my best. Didn't get any below 4p.
The 472,000 through April at an av of 6p was ok though.
Heck, all of my buys look good now.
:D

[jeanesy] 15/6/2016 13:17

I think that the MM'S have gone out for lunch. They have some thinking to do .. this afternoon could get interesting?!

[jeanesy] 15/6/2016 13:00

Still no sign of any sales so how come you can now buy for the first time in days .. mmhh !- unless of course we see the delayed trade at the end of the day

[zhockey] 15/6/2016 12:55

I did'nt have any problems buying 100k at 3.89p:)

[jbravo2] 15/6/2016 12:47

It would be remarkable if no-one was interested at an eight month high.
I'll wait for the 5yr high that's coming
:)

[jeanesy] 15/6/2016 12:43

An online quote at last... has somebody sold some?

[jbravo2] 15/6/2016 12:42

They've only got 50k at each 0.5p at the moment it seems, and unless they find some stock very very soon, it'll be 50k per penny

[jeanesy] 15/6/2016 12:40

They didnt have many at that price now did they !!!

[jbravo2] 15/6/2016 12:40

Any graph, any technical analysis, any fundamentals analysis, any divination by seaweed. They all look great now.

:D

[jeanesy] 15/6/2016 12:39

14P now being paid. Where are those sellers?

[jbravo2] 15/6/2016 12:38

As mattjos said they're basically trying to stall buying. That 50k looks like it took quite a while to get filled as they moved the ask up as they were filling it. They finally fulfilled it and moved the offer up too.
Thin levels of stock and little appetite for selling at this level suggest it'll need to move quite a few pence to get meaningful volumes sold.

As golla says... mkt cap vs revenue ridiculous.

70koz at <$700/oz cash cost this year. Av selling cost could easily be $1250 for the yr.

Wheres my calculator? ;)

[golla] 15/6/2016 12:13

still very undervalued.only 15m mcap.20p can easily be achieved.

[zhockey] 15/6/2016 11:56

Keep an eye on gold, we may may get a sell-off when the fed announce to stay pat.

Brexit will be interesting, remain will win and this will knock the dollar, what will be the net impact on gold?

[jeanesy] 15/6/2016 11:40

Im just hoping for solid production figures and a firm POG over the next couple of days.. anything else good would be a huge bonus.

[jbe81] 15/6/2016 11:34

Imagine if aaz produced a game changing rns with shares this tight and mms potentially short. Am surprised there is not more buying even if it's above current price . Happy with my top ups yesterday.

[jeanesy] 15/6/2016 11:28

Th problem for the mm's is that no-one is selling a bean. Price is moving up on very little volume( must be on fill or kill as i still cant get a quote for more than 100 shares) They are surely going to have to move this up quite a bit to try and encourage some sellers- not me!

[brasso3] 15/6/2016 10:52

16p is the next hurdle...

[mattjos] 15/6/2016 10:30

breaking out of a nice C&H now on the hourly chart. Looking towards 16, I would suggest