Asiamet Resources Share Discussion Threads

[mattjwhity] 01/7/2017 13:12

Keep the good copper news coming...

[mattjwhity] 30/6/2017 19:28

https://www.tedmag.com/News/features/tED-Talks-Copper-with-Rick-Rule.aspx?utm_content=buffer52db0&utm_medium=social&utm_source=twitter.com&utm_campaign=bufferRick Rule knows his stuff.Not the week we wanted share price wise but a step in the right direction risk wise. And copper had a good crack at $2.70.Enjoy the weekend

[mrpiggy] 30/6/2017 13:23

Dorset64 has summed up how most of us feel and unfortunately it would appear that our (ARS) hole seller is still hanging over us like a bad smell aided and abetted by the sell on news mob!If it's any consolation I watched in disbelief as IRR (Ironridge) went from a 16p share to just shy of 50p in a matter of days with little retrace on the way... the sell on news brigade sold at just over 16 and got caught with their pants down. Same will happen here at some stage when financial institutions buy in and the real winners will be LTH!Have a great weekend all. ;@)

[horneblower] 30/6/2017 12:46

While there IS a large seller dribbling 100k and 200k lots into the market, there is also a large buyer. That 482,795 delayed trade is certainly a buy.

[the manini] 30/6/2017 12:38

There are political risks in any country. Look what's happened in the UK over the last couple of years!

[cyberbub] 30/6/2017 10:54

Well let's not become blind to the risks.I said a while back that for me the main risk is still political. It's a 3rd world country, things move very slowly and are subject to unpredictable change. Indonesia is relatively OK as far as 3rd world countries go, but it's not out of the question that the political situation could change for the worse. Look what happened next door in the Philippines where a genuine psychopath was elected last year.

[mr roper] 30/6/2017 09:31

preaching to the converted here, Mr P!

[mrpiggy] 30/6/2017 09:10

In summary, if you believe that ARS is a giant in the making and the news from Asiamet is confirming your beliefs then hold tight and it will come good. I was under water for over 2 years with solg and I'm under water here!The market will soon waken to what we have and we will all be greatly rewarded for our patience!Check out the track record of Tony Manini and Peter Bird.... they will deliver!

[mrpiggy] 30/6/2017 08:29

Piggy smells Truffles!!HB made some very good comments when he stated that for this to rise we need government permits, finance and copper to be high at the time of production for this to get its true value and I am in full agreement,and that the market sees this as a tiny company that is years away from production, true but that will change very soon.... As Tony stated in the podcast there are very few company's coming on line soon enough to fill the widely predicted copper deficit! HB also stated that once the seller is out of the way this will rise... Correct once again BUT please don't focus on the share price, focus on the news coming out or Asiamet and if you like what you hear then that is all that matters.... The share price will take care of itself. I could smell truffles when I got my snout into solgold, unfortunately the market didn't and my 11p investment turned into not much more than a penny.In early 2016 it started to rise and in a few months it turned to a 48p stock! I smell truffles here too and see true value , I intend to retire in 2022 when this will be between the price range I have already stated.

[adorling] 30/6/2017 06:41

Agree with your comment HB - there has been a LTH or two selling lots of 250k and 200k for over 6-8 weeks now and eventually they will be out and we will move up rapidly and catch a lot of sideline investors out especially as Beutong could land anytime?

[horneblower] 29/6/2017 23:16

What's not to understand?
There is a large seller in the market.

When there is more selling than buying, the price goes down, especially when very good news is announced. "Thank you very much", says the seller.

Chill. When the seller dries up, and there are still buyers, the price will go up.

This is a long play. LONG...as in 2018 and 2019!

[snickerdog] 29/6/2017 22:27

Just buy the dips, is going to make us all a lot of money when this really gets going

[scarymonster] 29/6/2017 21:55

AIM never fails to surprise. Everything is priced in apparently. Unless it's a share you don't own then its off to the moon (without you). :)

[okidokicoki] 29/6/2017 21:27

This share never ceases to amaze me . Im a LTH and know in time it will move alot higher but im shocked we get such a good RNS and it goes down , Unbelievable Jeff

[adorling] 29/6/2017 18:55

Zak suggesting 7p for ARS from a technical perspective.....



That's just a 52% gain from today's closing price!

[snickerdog] 29/6/2017 18:49

My shares are going no-where, I'll see this through to Tony bringing the FS on, institutions coming in, construction. And all the other assets being developed

[adorling] 29/6/2017 18:34

Mr R - I also think we will hit 17p next year which is a 360% increase on today's closing price. That has got to represent an outstanding investment return that over 98% of AIM traders and investors will not achieve IMO.

[mr roper] 29/6/2017 16:38

adorling, I'm not despairing. I'm pretty patient. The right team are in place, with the right assets and they've done it all before multiple times. I suspect you'll see 17p in 12mths

[adorling] 29/6/2017 16:31

Mr R - don't despair mate as we know in 2019 the price will either be in the 20p something's or we will have been taken out given copper will be over $3.5-4.5 per lb or even higher given the impending shortfalls being predicted. ARS will be producing over 25,000T pa and will no doubt be completing the Beutong PEA and possibly commencing feasibility study at this time also. I hold a real shed load of ARS as you know and my personal target has always been 17p sometime in 2019 which will allow me to retire 5 years early. If that happens before then, that would be great as it will be a real bonus.

[mount teide] 29/6/2017 16:15

Yesterday's price action is why i don't short term trade and, demonstrates well why 96% of short term traders lose money over the longer term!

ARS - down circa 18% since 11 am yesterday!

Lord knows what would have happened if the resources upgrade had been only 150% up!

I would bet serious money the MM's/volume sellers knew on Monday the resource update was coming this week.

Monday, was the only day in weeks when there was no attempt to control the price with machine gun sell attacks of 100,000 to 500,000 - result: a double figure price increase on the day from modest volume.

Tuesday saw a little further progress on modest volume, which they stopped in its tracks at the close by unloading 2 x 450,000 sells.

Wednesday morning pre the announcement saw further progress with no attempt to hold the price back - then bang - the RNS is followed by an immediate high volume spike, which was the signal for a series of co-ordinated machine gun attacks of high volume selling throughout the day to lower the price by the close, back to just below the top of the short term down channel(textbook) - taking out on its way some of the 10-15% stop losses of those that 'foolishly' bought shortly after the announcement! Ouch !

[mr roper] 29/6/2017 15:48

ah well, back to hibernation mode for 9 more mths then.

[adorling] 29/6/2017 15:42

Ayesha - too transparent on this BB mate.

[mr roper] 29/6/2017 15:16

what's your target to buy back in, Ayesha?