Anglo Asian Mining Share Discussion Threads

[brasso3] 24/6/2016 04:28

$1310. Is this the breakout in gold finally taking place?

[brasso3] 24/6/2016 03:46

Gold going crazy at $1305...

[jeanesy] 23/6/2016 20:22

I disagree about the result, but totally agree about the long term Terropol ! A brexit result would certainly present an opportunity to buy though methinks, cant see it myself but the turnout in my area is going to be high !

[brasso3] 23/6/2016 20:07

3 weeks until Q2 results. I am going for 19,000oz at an average gold price of $1240. I will use the old $700 per ounce cost figure pre Manat devaluation.

19,000 x 0.87 x ($1240 - $700) = $8.9m operating profit!

[terropol] 23/6/2016 18:23

I am going for a 60-40 votes for EXIT.
Either result should change little in our case on here.
I say buy more on every dip. The Chart should be making new highs going forward.

[brasso3] 23/6/2016 15:18

The safest place to have your money will be in shares that earn dollars as their revenue in pounds will increase.

[jeanesy] 23/6/2016 13:43

What POG do we expect tomorrow after the Brexit results ? Many think that shares will tank if Brexit happens, but it will probably see POG rise . If we remain in then shares will possibly rally but POG will go down. Either way i can only see the shareprice here falling in the short term !? Still not long until the AGM and operations update. What do others think ?

[cordwainer] 22/6/2016 17:11

mattjos, imho, Eurozone rather than EU is the heart of the problems - Eurozone needs to either be a single democratic economy or split the euro currency - approximately between net exporters and net importers. The Eurozone risks affect UK regardless of being in EU or not.
Apologies for veering a bit off topic everyone.

[scottishfield] 22/6/2016 16:24

Nice little drop to get a few more on.

[jeanesy] 22/6/2016 10:22

100k sold below the bid.

[brasso3] 21/6/2016 19:39

Oh No!

AAZ are now only making $570 per ounce profit!

Come Reza deliver that surprise RNS we have been waiting for!

[mattjos] 21/6/2016 14:31

Quite why the establishment is in such a desperate state to keep us tied in to what is clearly a failing union, is beyond me.
If we don't vote out, it is only a matter of time before one of the other countries does or, the union itself simply folds in on itself.
This whole issue is not going to go away until such time as we do get out of it.

[2sporrans] 21/6/2016 08:58

Even if a majority, say of up to 5%, indicate a remain preference, the leave vote may well prevail come the 23rd.
There's a very marked and progressive age divide with maybe 75% of 18-25 age for staying and a similar % of over 65's for going with a breakeven pivot of age ~43.
Oldsters have demonstrated a marked higher tendency to turn out in previous national elections than younger folk.
Ironic, seeing it's the young who have most at stake here; in general anyway.
Maybe there will be a sort of Dunkirk exodus of beer and chips 'Ex-Pats' from their Mediterranean villas, along with an imploded £ and loss of free health care etc.

From a POG perspective, it is interesting to note that EU popularity across Europe has been in decline for many years now:
hxxp://www.pewglobal.org/2016/06/07/euroskepticism-beyond-brexit/

Indeed only 38% of the French [according to Pew] indicate a favourable view of the EU; that's v 69% in 2004 and the UK registered 44% in the same recent survey.
Only 47% of Spaniards are now supportive.
Even in Germany, enthusiasm has declined from 58% in 2004 to 50% now.

So, even in the event of a remain 'victory' come the 23rd, how long before another similar crisis of 'dissent' broils up elsewhere in Europe?
Not to mention the potential schism of Catalonia from Spain, along with rise of extremist parties, a few nation elections etc etc.

The tide of fear and loathing ain't going away; it's on the rise!

[ilostthelot] 20/6/2016 23:22

Remain will win I have no doubt.

[brasso3] 20/6/2016 22:35

Lots of strength with the pound and FTSE on the back of a poll that gave the remain camp a 51:49 lead. Still too close to call I would say.

[mattjos] 20/6/2016 20:48

Could be. All will become more apparent overnight Thursday into Friday.Gold still showing strength here and hovering just under $1,300.

[ilostthelot] 20/6/2016 18:28

Looks like an inverse head and shoulders pattern developing on the gold and silver chart to me. What do you think Matt?

[jbe81] 20/6/2016 15:26

the auction action here a bit more interesting and informative than the rest of the days trading

[brasso3] 19/6/2016 23:36

Matt

Your gold and silver charts are playing up again. :)

[zhockey] 19/6/2016 23:22

Hopefully the drifting Brexit odds will well and truly deter any hot money in gold next week. I think we'll see 1260 maybe and then another go at 1300 after the vote.

[wrighty46] 19/6/2016 22:50

For me purely on a pog. If it closes above $1308 in the next few sessions I can see a pretty sustained rise. I'm not ramping but with what I think will see a rise in pog and hopefully some new news from the company some fireworks maybe just round the corner. I'm in, not alot in the way of funds to add but might get a few more this week. GLA

[philo124] 19/6/2016 21:21

Ok but I thought receently in this recent run up it correlated with the postponement by the fed, if I'm wrong fine. My prediction is that gold will fall on next rise in US rates. But I'm no guru, did add at 5p by 150%.