Member Info for Korg

Anyone who knows this company and sector know this is good value with greater prospects to come. Been lagging lately but the time to buy this comapny is now imo

Looks like some news in the pipeline. Should be significant at this stage of product develpoment.

"fortunate with the gold price" FFS. Gold, like everything else is volatile, unpredictable. Well they made the choice to pay down debt. Thats wise, like you! Agree debt is rising, and when it goes pop, the market should return to gold, for record highs proportionate to the new normal debt imo. Gold aout to break resistance on the hourly chart. Too many went too short too quickly on gold imo. Expect a sharp retrace back up.

another up day for gold too. Looks good

Some news about to break imo Contract win, partner deal. Siemans? A German company looks the most obvious. Soon find out soon by looks of trading volumes.

Here it is by the way ... http://www.angloasianmining.com/media/pdf/Anglo%20Asian%20Corporate%20Presentation%2008.05.17%20FINAL.pdf And a bit more news due shortly to confirm the outlook going forward.

OK Dasian, fair enough. But part of the skill/luck/majic (whatever) of investing is looking at all the elements, judging past/recent progress to determine future prospects. I'd say the board have delivered under volatile condotions, reduced debt considerably, and the move to the new mine is the way forward, unknown (to us perhaps) but there HAD to have been SERIOUS analyisis before the decision to move was made. Others are reading it the same way now, hence the buying.

Looks like plenty of buyers after that presentation. (except daisian!) You got to buy those dips on this one before it heads back up. +30p as gold rises imo.

did i read siemans are in talks with proton power systems? A giant like as partners would be transformational.

The grand plan going to unveiled tonight! http://www.investegate.co.uk/anglo-asian-mining--aaz-/rns/new-corporate-presentation/201705091000035191E/

Pretty encouraging update. FY17 production guidence, better than expected.

eegbvi knows nothing, at worst he's talking the price down. DYOR, look at some of Echo's rns'. 2 billion bbls estimates. Piri have a nice stake here. Resource Early Stage Opportunities Company (RESOC) just took another tranch here. > 12% now

need a reversal on gold. Bounce there around 1180s

Yes, they know more than eegbvi thats for sure. Sitting on a large resource imo, and they know it!.

thats how i read it.

you CLEARLY have no sense of scale. OK so by your worst case scenario, that's ONLY 250 MILLION barrels! Remember this is adjecent to an oil rich environment. COS is GOOD!

Looking for 30-40p now. Rig rich environment forming a solid background for trading conditions.

delayed reaction, and confusion on gold volatility, usually a sign of a big move. Looking better value here if this opinion comes good ... https://seekingalpha.com/article/4064293-gold-upleg-momentum-building Do the technicals lie? Russia stil stockpiling, as are others.

Its a fact of life, traders will turn to gold. Lets see once the fleet arrives the effect on gold as the rethoric starts

piri/eco/tullow sitting of 2bln barrels of oil. If you have the patience to wait for the 3D sciesmic, you could be looking at a mighty profit here within a couple of months. Thats what Mr NICHOLAS CLARK is doing