Ariana Resources Share Discussion Threads

[plasybryn] 22/7/2019 21:33

Seems to be lots of excitement about how silver could out perform gold in the next bull run - has it already started? There aren't many Silver plays around, but Ariana could be one of them. We tend to overlook the Silver value, although the gold equivalent figure always take it into account of course. I didn't see it recognised in the recent Panmure Gordon share price target however. Did anyone else? Going forward the silver element has the potential to be quite significant for Ariana and add real value to our bottom line. Bring it on.

[plasybryn] 22/7/2019 14:22

Picture on twitter:Southern end of the Arzu South pit - vein zone in foreground #AAU #gold #mine

[cinoib] 22/7/2019 13:42

Ironstorm, Yes I have that one on my watch list but has moved to far to fast and in my book overbought and a massive p.e. so will wait and watch untill retraces nearer to 40p.
Charles by now I would have thought 7p would be a very realistic share price but for some reason it doesn't want to go there yet and all sells this far today won't help it. I ditched it last time when it fell back from it's 5p high.

[bigglesbingham] 22/7/2019 11:35

What did you buy at if you don't mind me asking

[trevor1234] 22/7/2019 10:23

Just topped up again
All the buys still going down as sells again

[graylyn1] 20/7/2019 18:42

Bit of weekend viewing.

[plasybryn] 20/7/2019 12:50

JORC Exploration Target: 1.4 - 2.7M oz Au

[plasybryn] 20/7/2019 12:21

Courtesy of Mining Maven on Twitter Could #AAU be on course to make a >1Moz #gold discovery at #Salinbas, by extending the target area into the Ardala licence to the north?

[plasybryn] 19/7/2019 19:03

MiningMaven (@theminingmaven)Just thinking back to #AAU's #Salinbas update last week & the diagram of the 4 hole intersects looks v. encouraging. Looking at the licence map & potential for expansion into Ardala is clearminingmaven.com/company-news/1... pic.twitter.com/lqvjQabTna

[plasybryn] 19/7/2019 16:38

MM code? Probably rubbish.500 - Gap the stock. Gap can be up or down, depending on direction of 500 signal. I'm just waiting for the updated Tavsan Resource and timetable to production. Obviously in the hands of Zenit, but should arrive this quarter I reckon.

[kirbs4] 19/7/2019 16:01

I reckon someone forgot to change it to cash from shares, i know, i have bought 500 shares here before accidentally :)

[thanksamillion] 19/7/2019 15:41

Someone found a couple of quid down the back of the sofa? - 100 @2.35p

[charles clore] 19/7/2019 15:02

Cinoib - you would think this should be higher than today's price but for some reason it hasn't yet hit the spot with mainstream PIs or institutions like AAZ, which I know has made good gains over recent years. That being the case, perhaps this has some catching up to do!

[ironstorm] 19/7/2019 14:56

Cinoib, to my mind there are similarities between the two (being in both). Like you I was in and out of AAZ, here only averaged down. Both now very very profitable investments - and hopefully at the beginning of the ascent.

However I have thought for a while that AAU is a year behind AAZ in development. So am expecting much more in the next 12 months from AAU. (Also a year further back and hence more speculative is SRB which is also profitable).

[cinoib] 19/7/2019 13:23

Charles Clore. I remember you from many years back on this thread. If I were you I would do a long research into AAZ and then you will see just what a difference a day makes in 2 well run stocks AAZ has increased it's share price 7 fold in a few years whilst here is still 1/2 it previous high in the same time frame. Yes this is now profitable and should continue to be so, but AAZ is more so and is all but debt free already and with more finds being anolised will run for many years to come I hold both but my ratio is 5-1 in AAZ's favour and so far has paid of very handsomely.

[bigglesbingham] 19/7/2019 13:16

I wish but there's an omen ha ha

[cinoib] 19/7/2019 13:14

iLeeman, well done that man. I've held AAZ many times from 20p, but dug in deep last year at 64p. Here I have traded this many time some years back when they were getting good drill result, but was priced at 5p so would have thought should be worth at least that now that it is digging it up and making the odd few bob, so hope to see 5p again.

[charles clore] 19/7/2019 11:34

Imho AAU is very well run, having one of the most qualified and methodical CEOs in the AIM mining and exploration space. Under the board's direction the company has been tremendously successful both financially and technically. Importantly to me, they are not afraid to take advantage of opportunities as they arise. That, coupled with some very promising assets, is why I have chosen AAU and I am very confident my investment will grow steadily and surely over the next few years with decreasing risk as production increases and any debt is more rapidly repaid. However I do understand the temptation for some to diversify into more risky explorer/miners with potentially higher returns but equally the downside also should be considered.

[ileeman] 19/7/2019 10:56

Finally a bit of sense coming in with price ticking up.

Gold higher now than when AAU hit 2.6p a few weeks ago, so first targets above that.

[mcmather] 19/7/2019 10:54

Kirbs, re the mining maven tweet; I've got to go through it again, but in the recent pro active interview, I have noted from what KS said:

Exceptional.
High grade mineralisation.
Large gold base metal system (that is) also rich in silver.
Considerably larger than perhaps was given consideration to in the earlier phases of exploration.
Very pleased.
WE NEED TO THINK BIGGER.
Shaping up very well indeed.

I also noted the reference to the area between Ardala North and Salinbas North being largely unexplored previously so was happy with the RNS despite the lack of headline grades / finds.

[thanksamillion] 19/7/2019 10:52

Wasn't expecting a rise in share price today as still trading well within bid/offer, something going on here?

[backmarker] 19/7/2019 10:46

JC2706

you are absolutely on the mark. depending on timeframe we could already be in a bull market and the price should go up.

but of course even when the trend is up, the price still goes down on some days.

and trends can change.

it just confirms my belief: prices spend some of their time going up, and some of their time going down.

and I have a lot of historic evidence to back that up.