Anglo Asian Mining Share Discussion Threads

[csmwssk12hu] 25/10/2016 13:35

That spike wasn't real as such, no trades exceeded 31p, that was shakeout and clearing a path, creates doubt in holders mind that it's slipping so you sell, play into mm hand, this should close circa 30-34, if it does expect 33-34 on open in morning

[zhockey] 25/10/2016 13:35

Even at 30-40p the potential exploration upside is not priced in. Just fair value for a producer based on a pe of about 4?

[hedgehog33] 25/10/2016 13:32

People bound to be taking profits, especially if in under .10p... that's what we're here for.

But not me.... I'm here for the much longer term.

[csmwssk12hu] 25/10/2016 13:30

These have much further to run

[bsg] 25/10/2016 13:28

I am hoping for a squid, I thought along similar lines for AUE though, look at that now!

[csmwssk12hu] 25/10/2016 13:23

Not sold any, these will go to £1.40 in my opinion and will be there by this time next year, I've stated this for last six months, yes could sell some and get stake back but why? A ten percent rise on original investment is nice but 10 percent on what's in there now is an awful lot and with the belief these will quadruple over the next 12 months why sell? To put in bank to earn nothing? To put in anything else? Show me another stock as undervalued as this, with the assets of this, with profitability and potential of this, I can't find one

[brasso3] 25/10/2016 13:22

Matt

Your chart in the header with analysis is looking a bit out of date.

[ilostthelot] 25/10/2016 13:17

Still have most of them. All for free now. Im still happy to hold the majority until over £1.

[ilostthelot] 25/10/2016 13:15

I've sold a few. 6 bagger ain't bad.

[edjge2] 25/10/2016 13:14

Rocket but for how long. CGH pretty 4x just hope they catch some of this

[bsg] 25/10/2016 13:11

I think that's it for a while, those spikes normally mean it's over. No I haven't sold, my target is a lot higher.

[csmwssk12hu] 25/10/2016 13:10

I would expect close to be just under 34p most likely 30-34, if it does that's a positive, tomorrow will be interesting as a close above 34 would signal rapid rise to circa 55 IMHO dyor

[miahkaysor] 25/10/2016 13:06

Afternoon session should be even more interesting!!!It would also be interesting to see the close, 40p, 45p, 50p who knows, let's wait n see.

[miahkaysor] 25/10/2016 13:02

Just added some more!!!!!

[csmwssk12hu] 25/10/2016 13:00

It will rise from here further it needs to have shakeouts to move higher

[brasso3] 25/10/2016 12:59

Looks like the MMs triggered a few limit orders.

[cannonfodd3r] 25/10/2016 12:59

Here's a bit more on Filizchay. This is what i believe AAZ have set as their target and have amassed the expertise in multi metal ore deposits to work it. Plus the Gov't is skint so its in their interests to start working it.

"Exact exploration of Filizchay pyrite-polymetal deposit which is considered the hugest deposit in Europe and included to the largest fields of the world was completed and its industrial reserves were confirmed.
The deposit possesses 95 ml tons of ore reserve containing the unique compact ore mass.
The basic precious components of ore estimated of industrial reserves are copper (average amount is 0.59%), zinc (3.63%), lead (1.43%), silver (44.2 g/t), bismuth, cadmium, cobalt, selenium, tellurium, indium and etc.
Technological features of ores were studied on 34 lab tests (weight up to 7 tons) and 2 half-industry tests (weight up to 1-3.6 thousand tons) and as a result of obtainment of lead-zinc, copper and pyrite concentrates and their metallogenic processing in ore-dressing fabric acquirement of end product-metals was recommended.
Reserves of Filizchay deposit are able to supply highly profitable operation of mining enterprise for more than 60 years. Exploitation of the deposit is considered to be carried out in subsoil method.
Relatively small scale Kasdag and Katekh polymetal, Sagator copper-zinc and Mazimchay copper-pyrite ore fields of which accurate exploration works were done, confirmed and evaluated of industrial reserves are located around Filizchay deposit. These deposits are considered as supplementary raw material bases of deemed mine-metallurgy complex.
Settlement of complex environmental problems, safety issues of environment as a whole should not be excluded from agenda. Above all more cutting-edge processing technology should be implemented, and technical-economic substantiation of future technical equipment, energy carriers, materials and services based on the current world market prices should be reestablished related with the necessity of protection of Zaqatala nature reserve, and exploitation of Filizchay deposit."

[bsg] 25/10/2016 12:58

Looks like that was "the bend at the end". Let the trend be your friend 'til ...

[csmwssk12hu] 25/10/2016 12:57

Some sellers then as expected dropped it back from 33 to 30, good, because you need people who are comfortable to hold for next leg up, it's coming

[xcap] 25/10/2016 12:55

gold gets to $1500 (as i think it will by Dec/Jan 2017) this will be over £1

[csmwssk12hu] 25/10/2016 12:55

I don't think 50 today around 34 would be nice as that's were we need to clear resistance, once we shake out sellers around that mark it can then move to 55 by the way I read charts that will be very quick

[miahkaysor] 25/10/2016 12:52

50p today!!!!!!!!!!!!!!!!!!!!

[csmwssk12hu] 25/10/2016 12:52

If this clears 34p and holds above that it will fly to 55p very quickly