Avocet Mining Share Discussion Threads

[mjcrockett] 20/8/2004 09:09

Thanks for your views. Certainly agreed it is undervalued. We are now just below the 5 year high made at the beginning of the year - if we can clear this into the 80's then we should see a good move up.

MJ

[beckaroo] 20/8/2004 08:58

I see the 50 day moving average crossed the 100 day one 2-3 days ago and now is very close to the 200 day moving average, signalling a golden cross. I suppose this could be the reason.

[budevenwiser] 20/8/2004 08:56

two things imo , because it broke thru resistance at 72p which it had tried to do so 3 times and that should now become strong support , i think some money could have found its way here from oxs shareholders who i suspect already held avm but have increased their holdings , oh and its still very undervalued

[mjcrockett] 20/8/2004 08:29

Anyone guess why the share price is flying up this morning? Up 6p in first 30 mins!!

[aldwickk] 19/8/2004 14:59

Trans-Siberian Gold.[ TSG ] Still cheap, big buying by Russian. 1,350,000.bought over the last two weeks, today buys 1x50,000. 1x331,667. 1x181,666. ix475,000. Sorry to use your thread but check it out. Cheers. ALD.

[pecker1] 19/8/2004 14:26

carntyne,

Interesting point about Tajik links with China as they share a border. 130p would suit me fine after what's just happened to OXS!

[pecker1] 19/8/2004 13:34

carntyne,

I see your point about the new republics, but don't agree with you. If I did think this is a real danger I would not be invested in AVM whose strategic focus is on becoming a bigger player in Tajikistan. The recently negotiated deal giving AVM 75% of Zeravshan was very encouraging.

bud,

onwards and hopefully further upwards. If gold can move back to the $430's and go higher we could see AVM at £1+ before long.

[budevenwiser] 19/8/2004 12:13

hmm new 12 week intra day high , just need to get thru 72p and hold then we may have cracked it

[pecker1] 19/8/2004 11:16

corrientes,

The OXS licence problem is with their Jerooy mine in Kyrgystan, which is a Former Soviet Union state and was not part of Russia. OXs main operation is in Uzbekistan, another FSU state. AVM's operations in Tajkistan, another FSU state, are sandwiched between Uzbekistan and Kyrgystan.

IMHO, the FSU states are a different scene from investing directly in Russia, to which Peter Hambro, Celtic, TSG et al are exposed.

[budevenwiser] 19/8/2004 10:48

could be some money coming into avm next couple of days from oxs share holders who have sold on the jerooy licence news , must say avm have been well supported at around this level not the usual pullback after each rise

[corrientes] 18/8/2004 19:21

Many months ago when OXS was all the rage, I suggested that anyone who knew just a little about the metamorphosised ex Commies now running regional Russian governments, would run a mile from investing in OXS and similar. Well this attempted sequestration of an OXS licence is just the start as Russia reverts to its historic mean. The move out of Russian assets by cloutless mid tier producers will become a flood. Better stick to AVM with its geographical spread. OXS will always now be valued on an extremely discounted basis ; same as South Africans.IMO

[trader horne] 18/8/2004 14:27

Those lizards strike again! from today's Daily Reckoning:-

- "Have you noticed that gold sells off each day during
the London market, reaching its day's lows as New York
opens?" asks a reader. "Then it move's usually to the
day's highs. Could the Bank of England be selling short
to take out the bull's stops? Could they be trying to
keep the price down to assist the dollar? There is
certainly a daily battle going on between the two
markets. It's been like this for weeks."

- In an untransparent market such as gold, we can only
speculate as to what is really happening, responds our
friend Alan Leishman of Gata.org in a note. "The BoE is
supposed to have finished its gold sale programme and
there is also the Washington accord limit on sales for
the signatories."

- But the fact is, Alan says, that "the cabal are
constantly trying to push down the gold price. They use
whichever time zone they consider is necessary or the
most effective for this purpose to keep the price under
control."

- The cabal? According to Bill Murphy - the man who
founded Gata.org - the Fed, Bank of England,
international banks, hedge funds and mining firms need
gold to stay low...or their illegal gold swaps and carry
trades will be blown wide open. "They try to disguise
their efforts by using different banks and agents," says
Alan. "Currently they are using the European morning,
and often lunchtime thin trading to push the price
down." Bill Murphy believes the cabal will only allow
gold to rise by a maximum of $6 per day.

- Of course, sterling investors need no cabal to depress
their price of gold, of course. The strong pound has
done that for them. But now, with Mr Market saying UK
base rates have neared their peak, some analysts are
guessing the pound may fall back. Our rising trade
deficit and soaring government debt won't give much
support, that's for sure...

[theberg] 18/8/2004 14:03

Goml,

You are Correct of course, you need a Good Ole' Fashioned Fire Breathing Dragon to keep you and the other Mud Warblers in Order.

I rest my case.

Ice

[goml] 18/8/2004 13:46

Don't listen to theberg, he is clearly PART of the conspiracy to hide the simple truth that we are being played like a bunch of muppets by giant lizards.

David Icke for Prime Minister ! and no mistake.

[trader horne] 18/8/2004 12:16

I'm sure we are all most grateful for the helpful advice from theberg and jmobrien that the market is controlled by David Icke's giant lizards from the planet Zorg.
So does that mean we should hold or bail out?

[squiresk] 17/8/2004 13:13

small mention here, may be of interest to someone.




Tiberon has entered into an Agreement with Avocet Mining PLC to acquire a
controlling interest in the Panasqueira tungsten mine in Portugal. The
transaction remains subject to on-going due diligence which is anticipated to
be complete by September 1, 2004. If completed, the acquisition would make
Tiberon an active producer and allow the company to benefit from the expertise
of the mine's highly respected operators. In addition, Tiberon would benefit
from long established relationships that Panasqueira's operators enjoy with
the world's major tungsten consumers and its history of negotiating offtake
agreements with many of these consumers.


K.

[corrientes] 16/8/2004 22:44

Biswell and the optimists share something in common, so far. They've both been wrong in their price forecasting. They will continue to be wrong until there is a major change in shareholdings.IMO.

[budevenwiser] 16/8/2004 16:35

i see care in the community is working well these days
keep taking the tablets gents

[bestbuddy] 16/8/2004 13:56

73p before Friday.

[carntyne] 16/8/2004 13:29

Man just a random, almost impossible highly complex equation as are the 'achievements' which should be viewed in that light.Man gets off on
these hypothetical equations, because that's how he's built.Far more importantly, why is the b-gger not moving up.