AVZ Discussion 2022

[Samus]

Anyone know if this event later today can be viewed live remotely?

 

[Bray]

Interesting...

Speakers | Mining Indaba

Browse the list of thought leaders in the African and global mining industries that are speaking at Mining Indaba.

miningindaba.com

Nigel isn't on the speakers list.

 

[Winenut]

You have only disclosed 7 stocks............does that mean you have more than 2 stocks that are screwed .....ooops........stuffed ?

Lol, avoiding female connotations is harder than i thought.

Beisha, do better ffs !!

lol

Lol!!!

7 disclosed stock all rooted (well AVZ saved by TH), 12 other rooted stocks not disclosed, 2 other lucky stocks not disclosed that have miraculaously gone green today (after probably dropping 10% in the preceeding week!)

I kid you not.... my overall portfolio has dropped close to $800k from it's reasonably recent highs.....OUCH!!!!

Neverthless I've been around long enough to roll with the markets

Crapping your pants is not something I recommend at these times......it is simply not an option!!!

AIMHO

Cheers!

 

[Xerof]

@Bray
No, he's on the list of companies presenting, under agenda day two 10.40am

 

[Winenut]

@Bray
No, he's on the list of companies presenting, under agenda day two 10.40am

Always the voice of calm and serenity

 

[Winenut]

For the record the market has improved a little during trade

DOW futures have actually turned green

Bargain hunters out and about possibly?

Hang in there eveyone

Feel the tension?......whatta ride!

 

[Xerof]

@Bray

Hehe, except that link wasn't the website I was using. One moment please sir, I'll find the correct link for you

 

[DiscoDanNZ]

Lol!!!

7 disclosed stock all rooted (well AVZ saved by TH), 12 other rooted stocks not disclosed, 2 other lucky stocks not disclosed that have miraculaously gone green today (after probably dropping 10% in the preceeding week!)

I kid you not.... my overall portfolio has dropped close to $800k from it's reasonably recent highs.....OUCH!!!!

Neverthless I've been around long enough to roll with the markets

Crapping your pants is not something I recommend at these times......it is simply not an option!!!

AIMHO

Cheers!

Holy... 2 of mine have just gone green too however I'm down 40%+ on both in a week and a half so I guess they are still strong holds lol

 

[Bray]

@Bray

Hehe, except that link wasn't the website I was using. One moment please sir, I'll find the correct link for you

I'm having no luck finding any trace of him on the website itself

 

[Samus]

Doesn't really seem like the platform to address the current situation regardless. Perhaps he'll touch on it but it seems like investors need some real clarity moving forward.

 

[Xerof]

https://www.weare121.com/121mininginvestment-cape-town/agenda/

@Bray

 

[Bray]

121 Mining Investment Cape Town | February 2025 | Agenda Day 1

www.weare121.com

Copy, found this !

 

[Frank]

Alright guys, I've had enough of the shit on twitter and so have taken it down. Thank me later

I can Tank you now, Tanks a Lot Sammy in a Large Rural Rhino way

 

[Deleted member 1612]

Doesn't really seem like the platform to address the current situation regardless. Perhaps he'll touch on it but it seems like investors need some real clarity moving forward.

True, but geez that’s a big elephant in the room. 630pm our time (Eastern) he’s up. We’ll know soon enough!

 

[Dazmac66]

Could be an interesting 15 minutes as well

 

[DiscoDanNZ]

Damn they suspended me before I could post a reply to that being moderated, I had it all ready to go and everything

 

[BEISHA]

Lol!!!

7 disclosed stock all rooted (well AVZ saved by TH), 12 other rooted stocks not disclosed, 2 other lucky stocks not disclosed that have miraculaously gone green today (after probably dropping 10% in the preceeding week!)

I kid you not.... my overall portfolio has dropped close to $800k from it's reasonably recent highs.....OUCH!!!!

Neverthless I've been around long enough to roll with the markets

Crapping your pants is not something I recommend at these times......it is simply not an option!!!

AIMHO

Cheers!

Wow, really sorry to hear about your loss, no one has been spared i can tell ya, even a nimble trader like me has taken a 30% hit over the entire portfolio, but it could of been alot worse, i sold off my goldies and a couple of others before the crunch, so i have some dough on the side lines waiting for a home, just gotta tough things out and be smart , trust your FA, as i write, Dow futures showing green and my portfolio today, which was down another 5% earlier on , has now turned green.

Worst thing you can do now is panic and SELL...........that would be a double whammy when the MACRO finally turns the corner.

This is the chart thats doing the damage, as you can see, the WEEKLY RSI 14 is getting close to OVERSOLD land, i reckon there is another 10% downside tops, with wave 4 down usually not entering into wave 1 territory and usually finishing on the 38 fib , as you can see, they both align.

Need to tough it out, sit on your hands and wait for the green shoots.

Dont forget , MAY / JUNE ........TAX SELL off too !!

COVID / INFLATION / INTEREST RATE HIKES/ DODGY CHINESE / TROLLS

#BEARISH PERFECT STORM #

HOLD STRONG FOLKS FOR BETTER TIMES!

imo

 

[Winenut]

I was just on there...I wondered what you got up to @DiscoDanNZ

 

[Winenut]

Wow, really sorry to hear about your loss, no one has been spared i can tell ya, even a nimble trader like me has taken a 30% hit over the entire portfolio, but it could of been alot worse, i sold off my goldies and a couple of others before the crunch, so i have some dough on the side lines waiting for a home, just gotta tough things out and be smart , trust your FA, as i write, Dow futures showing green and my portfolio today, which was down another 5% earlier on , has now turned green.

Worst thing you can do now is panic and SELL...........that would be a double whammy when the MACRO finally turns the corner.

View attachment 6113
This is the chart thats doing the damage, as you can see, the WEEKLY RSI 14 is getting close to OVERSOLD land, i reckon there is another 10% downside tops, with wave 4 down usually not entering into wave 1 territory and usually finishing on the 38 fib , as you can see, they both align.

Need to tough it out, sit on your hands and wait for the green shoots.

Dont forget too, MAY / JUNE ........TAX SELL off too !!

View attachment 6115
COVID / INFLATION / INTEREST RATE HIKES/ DODGY CHINESE / TROLLS

#BEARISH PERFECT STORM #

View attachment 6119

HOLD STRONG FOLKS FOR BETTER TIMES!

imo

Great post Beisha

Thanks for the kind words too

I'm all good

It's not really a "loss" per se........it's more like a bit of very, very tasty cream has been skimmed right off the top

But that will only be temporary

Of course what I don't know is "temporary" for how long!

 

[BRICK]

Have i missed it or has anyone seen the press release on Zijins website from yesterday?