Avocet Mining Share Discussion Threads

[yam114] 15/9/2005 18:53

Hosede.

G340 & S945 look interesting never heard of them before. have you traded them?

Have brought some AVM. I feel gold is the place to be for now.

[pecker1] 15/9/2005 18:25

Andy,

If Indenburg delivers what I think it will, the club will have alot of new members. Thankfully our membership fees will have been much cheaper!

[andy] 15/9/2005 18:22

Saucepan,

I agree, it's almost like being part of an exclusive club!

[hosede] 15/9/2005 18:15

Yam
There is a covered warrant G340 expires 2007 with zero strike price - ie gold tracker in £ sterling. Spread is 246.5 248 at present - 0.6% - no gearing of course but low risk. Also a silver tracker S945 expires 2019

[bestbuddy] 15/9/2005 16:43

Its also interesting to note who posts before the event and who comes in after.

[saucepan] 15/9/2005 16:40

Indeed, Holdontight. It is also reassuring that even on a day like to day this thread only attracts a handful of posts.

[holdontight] 15/9/2005 16:28

Just one of the things I like about this stock is that it isn't one of those pump and dump stocks. Helps me sleep better at night!

[yikyak] 15/9/2005 15:23

yam - never used these guys myself but I don't think you can beat physical, coins or London good delivery bars depending on your requirement.



Hope this helps.

[saucepan] 15/9/2005 14:44

Patience and belief now being rewarded; and hopefully this is just the beginning.

[holdontight] 15/9/2005 14:37

Buy AVM shares

[yam114] 15/9/2005 14:36

what the best way to buy gold?
My broker wont deal in GBS.

[budevenwiser] 15/9/2005 14:31

nice to be back above the 200 dma first time since march , also 20 dma , 50 dma and 100 dma all pointing the right way , 50 dma broke thru 455 dma and is only about 3p off breaking thru the 200 dma , bout bloody time , need a couple of days follow thru

[holdontight] 15/9/2005 14:30

Yes, and with resistance now broken could imo be headed to fresh new highs....a very positive chart.

[yikyak] 15/9/2005 14:24

Shhhhhhhhh, AVM's woken up!

[bestbuddy] 15/9/2005 12:28

AVM is usually a day or two behind the gold price and occasionally get stuck, as it has at the moment, until the pressure builds and it make one quick correction to catch up.
I would imagine that if the gold price holds or even better continues to climb over the next few days then we will see the AVM share price correct this current imbalance.
I would anticipate a tick up to the mid 90's and around 120p early next year. Assuming gold holds or improves on these levels.

[zaky] 15/9/2005 10:53

An Octopus I have been reliably informed.

[zaky] 15/9/2005 10:10

I think an elephant is sitting on AVM......or is it a Rhino??

[yikyak] 15/9/2005 10:01

No holding this back this morning, volume on Avocet already up to 1600 (£1300) and it's only 10am...................wow.



UK mining market in a coma?

[andy] 15/9/2005 00:43

kickstart,

Agreed, surely AVM can manage at least a small tick up tomorrow?

[kickstart] 14/9/2005 21:53

Well if they do not rise tomorrow after the huge NYK gold share rise I will sell the bloody things. This is very frustrating.

[powerbooks] 14/9/2005 21:50

I am a long term holder of AVM, will prolly sell when we hit 100p again as bored with it. Am also on KMR. Take a close look. In 18 months fair value will be around 70p+. It's a long hold but 50p should also come quickly (hopefully year end). Anyway read the 'info thread' to see why this stock is only going one way (it's a mine that's being built and opens in 12months). This is not a ramp. I was tipped off and it's my my solid stock. Just passing on the good news.

[saucepan] 14/9/2005 20:45

Bud: that seems a very fair summary to me, and why I increased my own substantial exposure a further tad last week.

[budevenwiser] 14/9/2005 20:02

bought some more shares today strickly for trading on t20
these are to damm cheap
looking at the chart when it does decide to move it will move to a quid in 2 or 3 days
gold nearly back to its record price , avm 20% lower than last time gold was at this level
north lanut now producing over 5 000 ounces a month at $200
penjom producing 10 000 ounces a month at around $200
zeravshan only producing around 3500 ounces a month but all that will change in the next 2 months , stripping to reach the higher grade ore should now be complete or there abouts also around an extra 1000 ounces from the new low grade ore dump leech facility
next couple of months we'll be producing around if not over 20 000 ounces a MONTH
on the strengh of knowing the results of 5 of the ten holes drilled at sua the management are off to jakarta to announce drill results from the idenberg project
i cant see much downside from here but i can see a lot of upside