Ariana Resources Share Discussion Threads

[soulsauce] 13/8/2019 08:41

Not really Shortarm, I wish I could say I could.

It all depends on the company getting PI's interested and keeping them interested. As Thanksamillion says above.

[thanksamillion] 13/8/2019 08:35

The next RNS needs to be very carefully worded methinks.

[shortarm] 13/8/2019 08:24

It's coming though Soul - you can feel it right?

[goldenshare888] 13/8/2019 08:18

Yes, broker notes are all too often wrong both ways and not worth the paper they are scribbled on!

[soulsauce] 13/8/2019 08:14

And yet we can't get the interest and volume to move it past 2.25p :-/

[shortarm] 13/8/2019 08:09

According to the Panmure Gordon note from Feb 2017:Gold price at 1500 gives a share price target of 7.37 pence at an 8 % discount.I'd take 7p right now!

[highly geared] 13/8/2019 07:35

Gold getting a bit overbought short term. Not complaining but I think we’ll see a correction soon , back to $1450 Region. News now would have been great whilst gold is ‘hot’...

[shortarm] 13/8/2019 06:56

Gold hit 1520....

[paul280i] 12/8/2019 19:18

Thanks Soul, I think I will but I do get tempted, especially if the price drops below 2p.

[soulsauce] 12/8/2019 17:24

Lol dixi indeed.

Paul the way the markets are at the minute it might be worth sitting on it a few weeks and see what September brings.

Good luck whatever you decide. We all need a slice of that.

[dixi] 12/8/2019 16:56

Well of course we will still suggest AAU on this BB. But being overwieght can again be a sure-fire way to the financial graveyard too..... see you there!!

[paul280i] 12/8/2019 16:48

Thanks for your help Soul and Dixi, sold enough MELI today to realise my original investment, now where to put it? Resisting AAU as I'm very over weight in here!

[charles clore] 12/8/2019 13:24

Thanks soul. Shorty the investment case is amazing. Much better than most industrial stocks. What will it take for people to see it and more importantly where will the price go when they do?

[shortarm] 12/8/2019 13:02

Today's nine dollar rise is pretty much another quarter of a million on the bottom line.....

[soulsauce] 12/8/2019 12:46

Fingers crossed Charles

[charles clore] 12/8/2019 12:43

soul - I am half in, half out on PMs but I will say the charts look very positive and the gold/silver price ratio is compelling. World events look like taking our fiat system out and replacing it, but with what? The only thing showing strength is gold and silver and they were always historically used as a basis for barter and exchange for goods and property. Silver, imho, has yet to shine in all its glory. Coincidentally, we produce quite a lot of it!

[soulsauce] 12/8/2019 12:32

Well true to a certain extent Charles but I don't think you can ever beat carrying free shares as paul is saying. Can always invest the profits in something more manageable if you think gold and silver are going to continue to rise.
The jury is still out with me.

[charles clore] 12/8/2019 11:40

soul - depends whether you are aware of the insidious demise of fiat. Sometimes you are better off leaving your investment alone and watching it appreciate against the pound as I have done with gold and silver bullion. I think silver will surprise us all in the next few months.

[thanksamillion] 12/8/2019 11:21

Gold on the rise again.

[soulsauce] 12/8/2019 10:51

I share that frustration dixi, luckily I didn't lose the lot but still underwater with it.

[dixi] 12/8/2019 10:45

Agree - I did not follow this rule a couple of years back (I usually do) on one investment. I got greedy with my thinking - it all went wrong and I lost the lot. It is a painful lesson that still hurts, and as soulsauce says - a profit is a profit.

[soulsauce] 12/8/2019 10:36

A profit is a profit, get it banked.

[paul280i] 12/8/2019 10:27

May I ask a totally off topic and nothing to do with Ariana question? If not please ignore and go to the next post.

I hold quite a number, for me, shares in Mercardolibre, based in S.America, I can't follow this company as I do my other investments only relying on their press releases and accounts. Over the last year and a bit I have doubled my investment and am considering cashing enough to return my original investment. I would then miss out on some gains if the company carries on as well as it has in the past but only lose my profit if it flops in some way.

What do you guys and girls do in those circumstances?