John Meyer of SP Angel this morning comments on Aquarius Platinum (AQP), Caledonia Mining (CMCL) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares of Aquarius Platinum (AQP), Falcon Oil (FOG), Petroceltic (PCI) and offer some share price targets.
John Meyer of SP Angel this morning comments on Amara Mining (AMA), Aquarius Platinum (AQP), Centamin (CEY), Gemfields (GEM) and Shanta Gold (SHG) as well as offering a detailed macro view on the news that is shaping global mining and the AIM mining pond.
The Closet Chartist reckons that shares in Aquarius Platinum (AQP) will go from 45p to 55p or perhaps 75p. Who knows? In a rather fizzy market any old shite can go through the roof. But before you bet the ranch on Aquarius I ask you to consider a couple of points.
Given the extended recovery we have seen in many second line mining plays since early August, following the initial bottoming out of underlying precious metals, the bounce for this stock has been relatively disappointing. Piss poor quarterlies today are, almost certainly, the reason for this. But…
On Christmas Eve I noted that there looked to be value in shares in main market listed Aquarius Platinum (AQP) at 55p. Earlier this month the shares hit more than 75p but currently trade at 62.25p, capitalising the company at £296 million, following the announcement today of production results for the quarter ended 31st December 2012. So is it time to bank gains and sell?
I have tipped fully listed ( and JSE listed) Aquarius Platinum (AQP) three times in my life: once at Red Hot Penny Shares and twice at t1ps.com. Each time we have sold and booked handsome gains but the past 12 months have seen the company have to weather a series of plagues reminiscent of a biblical torment.
