Member Info for desertjoe

CB & johnpwh - I think you may find we are soon coming into the season for our sp to move somewhat.....rather like your football (which I have to refer to as "soccer" to distinguish from the concussive game we play this side). The GBP has climbed 3 cents in a few hours and I see quite a few somewhat obscure miners and oilies are giving hope to investors according to recent stock reports.

I like cats. Over here we have housecats, feral cats, bobcats, corporate fatcats, jaguars and pumas. In Nevada we even have licensed cathouses too! Apparently our President is quite fond of pussy as well. (lol).

Cat got your tongues? Gold up, Sterling up....Boris down. LLOY chatboard has lotsa comment if you are bored. Power to the People!

A really great presentation from Zack van Coller. I guess many of us needed that information, thanks.

Hi Landicaamans. I've been very satisfied with "Selftrade" (equinity uk ltd) for many years ever since Barclays summarily closed my account because they no longer wanted American residents. That also included my Barclaycard (Credit) which I had built up so you could say I was exceedingly "miffed"with them. I suppose I got the last laugh because I left my account with just a few pennies in credit and the clowns have been diligently and regularly sending me statements which must have cost them considerable postage over the years. (rotflmao).

Salud M20ASH and enjoy!

The RNS was very much awaited....now we've got it. Happily no nasties there. ...but not much to drive the sp upwards and nothing to send it down either. So just hang in there and pay off loans.

Hi john. You could well be right about investor perception but market makers and brokers is another matter. I am invested in a local mine whose shares trade up or down almost on a daily basis somewhere between 3% and 5%. It produces about 3000 oz of gold and 22,000 silver monthly at the present time but it got rid of debt by finding another mining company to pay off the loans in exchange for the rights to all silver mined for several years to come. I am in for the long term but if I had an inkling which way the shares would be going in advance obviously I'd make a lot of money. I am convinced that AIM leaks like a sieve and insiders reap enormous benefits. Just how much rampers and derampers on these chat boards actually affect share price and whether investor joy or sadness motivates BoD decisions has never , to my knowledge, be accurately gauged. What inevitably happens is that most of our fellow contributors and all the well-known market tipsters always seem to impart their exhortations to buy in at about the exact point that the "hyped" share peaks out!

I think its all about Chinese Whispers, Nudge-nudge and of course those awful freemasons. (lol). For me Casinos Rule! and I don't pay for my drinks, john.

I suggested what is affecting things, John , but no one wanted politics talked on here. The writing is on the wall nevertheless...The rug got pulled from under USA stock markets last week, next we'll tariff the French, upset Norway & Finland to complete the Scandinavian "game" and probably **** off the entire G7 delegation this weekend.

So don't expect anything to really improve for a long while into 2020....and only if we get wise and have a change of "management" late in the year.

....and...it's still stinkin' hot and no sign of rain here. Weekend watering of gardens (in my case brown desert) is now forbidden.

The good news is personal...having sold all my AAU shares two weeks ago, I just bought back in last week to my advantage.

Right on target....Another "Wall Street Banksters' Friday" and down goes our SP. So much for the post RNS increase too. Back to waiting, lads and lassies? 3p next year. Enjoy the weekend, though.

A few "notes of caution" (source: Money Metals Exchange).

"Gold mining is an energy-intensive, labor-intensive, risky endeavor. Most of the world’s easy to get gold has already been gotten. Miners looking for new reserves going forward will have to drill deeper and move more earth to obtain comparatively small amounts of gold. As they do so, they will also face growing political risk because of environmental concerns – and risk of nationalization in politically unstable places such as South Africa and socialist-controlled countries in South America.

For these reasons, many gold analysts are forecasting “peak gold” and declining mining supplies in the years ahead. Mining companies are wary of investing exploration and new mine development at current gold prices. Much higher prices will be necessary to incentivize miners to take the risk of pursuing high-cost gold projects.".

Well done Paul-280i. I've just done my buys and sells too ...You are right, John, our Wash Sale rules are rather similar to your B & B scenario but we get hit for all of our yearly capital gains. (IRS don't take prisoners!). Stinkin' hot over here at around 50C. Some rain and a cool breeze would be nice. Ya'all have a Great Weekend.

I have tried to sell my Ariana shares today but I couldn't get an offer overall, even at a slight discount off market. Few of today's deals (29 shown on LSE trades) were anything like the size of my tranche. So clearly there is no appetite at the moment. I have until the end of the year to sell out and I would then seek to buy back in. But it rather demonstrates a level of disinterest in purchasing.

There has been talk of a doomsday scenario recession earlier this week and huge sell-offs followed with falling stock prices but apparently the media feels things have stabilized. I think this lady has also "hit the mark"....

'Speaking to the BBC's Today programme, Kathleen Brooks from Minerva Analysis said the sell-off may have been compounded by the fact many investors are on holiday. "People are away, so moves can be exaggerated in August," she said.

John: Not entirely a crappy day, my friend , 'cos I traded in and out of both SXX and MATD most successfully where chat boarders (and punters) over-reacted to media-perceived scares and hypes. As I keep saying, this time of year everything is in the doldrums with Governments stood down while impatient PIs are waiting for Company info or perhaps any good news. . Over here the kids are back in school and summer fun is over. So folk are looking for something to happen. Well it's called "Brexit" and now even our ****-stirrers like John Bolton have cottoned on to it and politicians both sides of The Pond are sticking their oars in , even while they are in recess, to get media attention. Either sit on yer hands or sink a few in yer local until everything gets back underway. There's a lot gonna be happening in the Autumn.

Meanwhile I have got to figure out the optimum moment to sell and then buy back both my Lloyds Bank shares and my Ariana. The former with a six weeks interval and the latter instantly out then back in so that I can offset losses with profits and yet avoid penalties under our taxation "Wash Sale"rules. ( you can look that up...I'm not going in to it on here!)

Protests are very much current. This report , dated 2 days ago (Aug 12) , refers to the Kirazli Gold Mine Project in Canakkale Province.

https://www.al-monitor.com/pulse/originals/2019/08/turkey-environmental-problems-provoke-protests.html

Paul1D - You, quite properly raised the issue and I have illustrated just what can happen politically in the face of public protest. The ban on mining in El Salvador spawned international action and threats by some big Corporates against the regime but the Government has so far not backed down. Thanks, ASH & john for your input. Yes, there are certainly "scenic" differences twixt CA and NV but these days people become more sensitive about things which may affect their environment and "cyanide" might trigger that. Remember the Erin Brockovich story in California?

PAUL 1D - I read about these protests but initially thought that Ariana was looking to expand in North Eastern Turkey rather than Western Turkey (where the news item relates). I don't have personal knowledge of Turkey but I think your concern needs to be addressed here because it doesn't take much to wind up the population. We need perhaps to take note of what has happened to the mining industry in El Salvador since 2017 when the government reacted to strong public protest.

https://www.pri.org/stories/2017-04-24/el-salvadors-new-metal-mining-ban-terrifying-artisanal-miners

The impression I am getting is that by 2021 things will be going pretty good for AAU and similarly for 2022. I want to say that our sp will be at least 5p. . Thereafter some sources may be running low (or possibly less concentrated) and years could elapse before production commences at Tavsan or any newly discovered sites.

My thoughts therefore turn to what we PIs will get by continuing to invest beyond say 2022 as opposed to researching and investing in other stocks on the threshold of also becoming multi-baggers....unless we start receiving good and regular dividends from the Company. Most definitely in these "world changing times" I would neither have the patience nor the "balls" to hang in a long term venture like, for example, Sirius which was hyped like crazy just over a year ago.

Not bad at all, Benjie, as long as it increases. Bring a pick and shovel and I'll show you where to dig!

Gold = One third of one percent rise over 2 days? Not my idea of a "pile" , buddy. In fact your rail fares have way outstripped the rate of gold increase over the last 5 years so go take over a franchise . Maybe I'm just loco , john (rotflmao)

Good response, PAUL1DEANO and if that's the way you intend to continue I'll keep my blocks off. However you need to be aware that it is only the State of Louisiana which sometimes invokes Napoleonic (and old Spanish) Law. Our other 49 States use English Common Law.

The Luftwaffe could be inaccurate. In 1940 they mistook my father's glass-roofed commercial real estate investment in Knott Mill for Manchester's Central Railroad station. After the war the city's Labor-controlled council offered him a pittance in compensation which he declined. It was subsequently sold off by the City Authorities to private developers at a six figure sum. C'est la vie?

From time to time there are non-AAU opinions on here and I am quite happy to glean the thoughts of ya'all, especially since I am an "alien" and on the other side of the pond. Let's face it....what with my so far accurate forecasts of our share price and Vanvan's superb summary of everything we know to be happening in the foreseeable future....most comments on here will merely confirm the major points en route to what we hope will make us richer in due course. What we do not know is the extent to which world leaders, world policies, wars and unforeseen occurrences might impact on our investment and contributors should at least be tolerated to comment thereto. Cars, beverages, sports etc etc are (in my view) a welcome interlude when little else is relevant to Ariana or happening here.

Regards, DJ