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My new favourite saying - "The pump is coming..."All the soft...

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mikesz

2,178 Posts.

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18/05/19

13:57

Post #: 38628064
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Originally posted by Kotaredrew: ↑

Nice article Matricks- goes to show the difficulty in setting up a mine, getting permissions and the environmental impact. Great that all these new outfits are a long way from mining and I'm hoping this will become the biggest week ahead for ANW, in its history.

What's the chance that ANW comes out with an Ann stating G2 is selling and the crusher is crushing away!? The last couple of weeks PW and ANW has ticked off some great stages- and now that T1 is not far away, this company can really break the trend of the last year or so. Reckon we're primed for that pump @mikesz.

Here's the summary from Commsec on ANW...ANW shares appear to be in a long-term bearish trend confirmed by multiple indicators. First, the 200-day moving average is falling and shows that demand for this stock is low. Second, the 5-day moving average is below the 50-day moving average. This, too, shows that sentiment is weak. Near-term, the stock has been rallying, however, it is too soon to know the effect that will have on the longer term trend.

Now to this week. Like others, I believe ANW is a serious chance to break it's long term trend and once that happens we will really get on the radar of traders and a new level of investor- being a producer, ramping up towards 2 working mines and still with lots of exploration and potential in those 2 areas- means that ANW should become self funding, with sales building the company, and also paying for exploration to further build its TIN empire. Also having such a great Tin price, Aussie dollar and levels of Tin inventory down, as well as the expected rocket in expected demand from EVs and solar, will mean that ANW has the potential to become a major global Tin player, and then on the radar for T/O, JVs, etc.

So, it all comes down to this week, the selling has meant some stale/frustrated investors have left and others are returning. If you picked up the 1c over the last week- if Anns drop, and volume continues to build we will finally see ANW ready to become the Tin Seller of choice on the ASX and the share price should reflect this, then 1c is a steal!

Leave you with this...
92 buyers for 43,319,126 units
88 sellers for 48,867,171 units

Finally starting to tighten up and once we're a seller of Tin, reckon SENTIMENT will change very quickly. GLTAH!

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My new favourite saying - "The pump is coming..."

All the soft signs are pointing to it. Rhetoric has increased. Social media has increased. HC spotlight established. New investors preso built and published. Finance news articles and interviews happening.

Individually none of those things matter that much. But together, well that's something else.

Good luck punters. This stock has been good for traders. Now it should be good for investors. IMO

ANW Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
11 Upvote

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(20min delay)
Last 1.7¢		Change 0.000(0.00%)		Mkt cap ! $3.402M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.7¢	$12.39K	713.1K

Buyers (Bids)

No.	Vol.	Price($)
1	310000	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	261445	2

View Market Depth

No.	Vol.	Price($)
1	310000	0.017
3	129823	0.016
1	175000	0.015
2	290000	0.014
1	520149	0.013

Price($)	Vol.	No.
0.019	261445	2
0.020	300000	1
0.021	50000	1
0.022	133000	1
0.023	585758	2

Last trade - 15.03pm 12/07/2024 (20 minute delay)

C7A (ASX) Chart

My new favourite saying - "The pump is coming..."All the soft...

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Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

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Bitcoin investors need to know the risks

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My new favourite saying - "The pump is coming..."All the soft...

Top Stories

Nimy to raise $1.21M to explore 'newsy' WA targets

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Bitcoin investors need to know the risks

Almonty locks in govt agreement for tungsten oxide plant in South Korea

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