AUZ - Australian Mines

[el_ninj0]

Turn around for AUZ?

Ive been watching this stock for the past week or so, looks to me as if its making a bit of a turn around in its prices, down .03 cents today, but i expect thats only because everything else is!.

Might be a good time to buy.

 

[Blitzed]

Re: Turn around for AUZ?

Have been watching too, didnt do too well today.

Abit more research for me I think.

 

[Sodapop]

Starting to look interesting... Ni producer with some good ground under it's control... Greenfield Au discovery that has piqued some market interest and a funded Ni exploration programme with Pio - all things considered a pretty decent place to be especially with the Ni price continuing to perform well... and $Au weakness...

 

[Dutchy3]

Shut the gate, Barry

This one hurts ....

Love the way this one is shaping out ...

 

[Sodapop]

Very encouraging ann. today... extensional drilling of the Blair Mine Deeps has provided evidence of a continuation of the high grade E shoot at depth (3.1m @ 13.14% from 100.7 m and 2.49 @ 8.65% from 103.47m incl. 1.49 @ 13.91%)... there are three more holes yet to be assayed which visually have intersected sulphides (assays on the way)... add to that that the first hole intercepted some good widths of (what looks probable to be - at current prices - not to mention highly interesting possibilities going forward) economic ore (2.7m @ 5.02% from 9.4m and 5.51m @ 3.28% from 43.93m)... This is great news as this hopefully will extend the mine life (with good cashflows) whilst the coy. works on its very interesting Duplex South Au deposit resource defintion and PIO earns into its 51% JV by carrying out its drilling obligations... with the Ni and Au price looking good and the $Aus looking shaky this company could be getting a severe re-rate in the near term... They are certainly in the right part of the Australia to find some good deposits...

 

[silent knight]

AUZ can be viewed in three ways, in my opinion. Firstly as a long term speculation, secondly as a charter member of Battlers Anonymous and thirdly as a stock which is regularly manipulated by some traders with large trades for small percentage gains.
They mine nickel and have found gold on their tenement. The mine is a very small affair which sometimes pays for itself and sometimes doesn't, depending on the price of Nickel. They manage their own mining to reduce costs and appear to me to have been working hard to keep costs down (I'm not sure if the MD swings a pick, but I wouldn't be surprised.) The gold has not yet been proven to be commercially viable but is looking better as each extra bit of drilling is reported. With their hands on experience, I feel sure that they are capable of getting the best out of it if it is viable.
There are lots of shares in the company, 454M, so any eventual profit will have to go a long way. Still there are many explorers who haven't found anything who are selling at a higher price.
I hold at a slight profit but with a lot of interest in whether they can succeed. I regard my investment as speculative and realise I could lose the lot. The last financial contained the requisite phrases for a company which could go under.
Anyone who has not watched the company needs to be aware that there are some very competent day traders making a good living buying and later selling large blocks of shares. They make a nice profit on a small spread.

 

[Sodapop]

AUZ can be viewed in three ways, in my opinion. Firstly as a long term speculation, secondly as a charter member of Battlers Anonymous and thirdly as a stock which is regularly manipulated by some traders with large trades for small percentage gains.
They mine nickel and have found gold on their tenement. The mine is a very small affair which sometimes pays for itself and sometimes doesn't, depending on the price of Nickel. They manage their own mining to reduce costs and appear to me to have been working hard to keep costs down (I'm not sure if the MD swings a pick, but I wouldn't be surprised.) The gold has not yet been proven to be commercially viable but is looking better as each extra bit of drilling is reported. With their hands on experience, I feel sure that they are capable of getting the best out of it if it is viable.
There are lots of shares in the company, 454M, so any eventual profit will have to go a long way. Still there are many explorers who haven't found anything who are selling at a higher price.
I hold at a slight profit but with a lot of interest in whether they can succeed. I regard my investment as speculative and realise I could lose the lot. The last financial contained the requisite phrases for a company which could go under.
Anyone who has not watched the company needs to be aware that there are some very competent day traders making a good living buying and later selling large blocks of shares. They make a nice profit on a small spread.

S/K - Couldn't agree with you more... It is extremely frustrating watching matched bids getting cycled through the depth - but that's life - i beleive that was what stopped the price moving higher the other day (because it was a good ann.)... the one thing i like about this coy is that they are highly leveraged to the Ni price - and i am convinced (with reason) that the Ni price will be $7.50lb before long (with greater upside possible)... not forgetting the $Au is in a much better trading range... I am awaiting the other assay results from remaining holes - hopefully they will move the price through the 0.025 resi. level...

 

[yogi-in-oz]

Hi folks,

AUZ ..... testing the lows for support again right now,
but looking at the time cycle analysis, we should see
a recovery starting soon:

19-22052006 ..... positive ... finance-related???

29052006 ..... minor and positive news

09062006 ..... positive cycle here

14062006 ..... significant and negative???

15062006 ..... minor news???

04072006 ..... significant and aggressive rally??

10-11072006 ..... 2 minor and positive cycles here

03082006 ..... minor ... finances???

11082006 ..... positive spotlight on AUZ???

happy days

yogi

 

[Dutchy3]

Hi Yogi

After the hit taken on HDR I could do with some good cycles!

 

[yogi-in-oz]

..... let's hope your trading God smiles on you,
in the months ahead ...

HDR ... still figure the pain is not over yet, by
a long way .....

happy days

yogi

 

[NettAssets]

AUZ-AUM

Can someone help with my confusion

There is a Announcement today under AUZ - Blair mine area 57 Nickel Extention
Auz is listed as Aust Mines FPO
Inside the announcement thy have used the code AUM which is the old CUDECO code
AUM is listed as Aus Mining FPO
its not cudeco's share price
and its trading basis is RE not normal
I havent found that Codes meaning yet

John

 

[NettAssets]

Re: AUZ - AUM

Must have just been a typo I think

the AUM I was looking at was the old CDU which is now RE
re-constituted
didn't look at the last trading date

might be worth a bite anyway
not a bad announcement

 

[ben73]

Positive news this morning on this one:

Nickel resources increased by 45% at Blair Mine WA


Massive volumes also... Its looking up!

 

[Sodapop]

After perservering (and at times sweating- i'll be honest!!!) on this one it finally seems to have caught the eye of larger swathes of the market... To be honest i was mystified at the lack of interest given the fact that there had been consistently +ve announcements for some time now (Ni drilling, PIO JV, Gold Prospects) - the resource increase tipped it over the edge i guess out of congestion... Just goes to show how fickle the market is since compared to some of the tin-pot explorers with much less going for them (but far higher comparitive market caps) it was struggling... just goes to show if your stocks don't have market sentiment behind them they might as well be dinosaurs...

 

[ezyTrader]

Seems to me that nickel prospecting companies are not getting much green light yet. Look at AGM, INL, etc. Prices are still being suppressed, not able to break through, although supplies are fast diminishing.
But definitely, stronger buying support today, pulling AUZ prices up 18%.

Need to see if it would hold after tomorrow, being the usual T3 trading pump and dump.

PS: Not holding at this stage.

 

[Sodapop]

Another strong day for this one... What is up (????) - obviously wider swathes of the market have cottoned on... Is a t/o in the works - what??? No matter i am a happy little elf right now...

 

[Sodapop]

Still going on healthy volumes... Hit 0.055 today before settling on 0.053... Time will tell - I hold and in no hurry to sell into a rising market...

 

[SevenFX]

Seems like what goes UP, has to come DOWN.....unless you have shares in Pfizer...

 

[SevenFX]

Don't you love these big Inst Investors, one at 0.057 (1.5Million) and 1 at 0.058 (2Million) driving it down...????

EDIT: Make that 2 seperate sells at 2Million...????

 

[SevenFX]

Wow....that's $85,500 @ 0.057c and
2 seperate 0.058c trades each at $116,000..

What are you mean't to do....thought I read somewhere to sell out early, and buy somewhere low against them....on the beleif that they're driving price down to buy back in again...????

Sounds LOGICAL.

EDIT: SURE ENOUGH soon after posted here, they're pulled out, (not sold out) and the price runs back up to 0.059c with a hour 2 close.