Mariana Share Discussion Threads

[doolittle] 29/7/2016 14:17

I normally purchase with HSBC Investdirect but MARL now rated as a 'sell only' stock therefore I am unable to buy more through them. Has anyone come across this before ? The reasons given were very vague

[pr0t0n] 29/7/2016 10:43

Stick with philosophizing on a gold thread.

[k mon] 29/7/2016 10:16

with current goings on in Turkey - nationalisation might become a risk -

[tinker10] 29/7/2016 10:11

Lots of large late reported trades over the last few days. May be a big seller that's offloading - which would explain the drop.

[zedder] 29/7/2016 09:50

That's another 10k shares for me at 47.8775p

[darias] 29/7/2016 09:22

Much against my better judgement bought Thursday.

[sonoftherock] 29/7/2016 09:02

I topped up yesterday! Only succeeded in wiping out some of my previous gains.

Oh well... that gold isn't going anywhere.

[shavian] 29/7/2016 08:17

Down. Looking promising for that last top up

[bittorrent] 29/7/2016 07:57

gersemi, many thanks, let's see how it opens!

[gersemi] 29/7/2016 07:49

Thanks proton. Appreciated

Bitt,

God knows but I've been watching the order book in the last few days and it's been pretty stable. No major panic selling. All very orderly

45p is (I believe) the absolute support for MARL = 45.30p (50% Retracement from 13 Week High/Low).this is how Bar Chart describes it. I did read that this 50% retracement rule is quite powerful

[plasybryn] 29/7/2016 07:42

Gloomy now but things to imporvehttps://www.streetauthority.com/international-investing/turkeys-failed-coup-presents-unique-opportunity-investors-30700861

[bittorrent] 29/7/2016 07:25

Anybody brave enough to call the bottom of this recent drop? I am thinking of a top up this morning.

[pr0t0n] 28/7/2016 19:26

gersemi,

Nothing will happen, business as usual.
There are far worse places where people invest.
I mentioned AlacerGold, exclusively operates there and have a JV with Lidya and other turkish companies. Van Ecke, Franklin and many others have holdings

I dont see any major change, but I`m keeping close eye on it ;-)

[plasybryn] 28/7/2016 19:13

Pr0t0n: Ariana Red Rabbit is in Western Turkey. They start gold production there in Q4. Their other JV asset is Salinbas (Eastern Turkey) which is close to Hot Maden

[pr0t0n] 28/7/2016 18:35

Plasy, Ergama is west, probably 1000 miles from Hot Maden.
Glen mentioned PEA would be ready 3rd quarter, then they moved to end of 3rd or beginning of 4th quarter.

Barry, I think his slot was tuesday just gone, but I`m not sure.

[barrywhit] 28/7/2016 16:12

pr0t0n, Is Eric giving the presentation tomorrow or has he already spoken??

[plasybryn] 28/7/2016 15:03

Well done pr0t0n.
I thought this event would have a few more fireworks.
The PEA seems to have slipped to September (I had it as July) but that is OK.
The PFS is next year. I don't have a date.
How does that get funded or do we sell before then?
I will now show my ignorance.
When did the Ergama Project come onto the scene?
I see initial drill testing is expected H2 this year.
Is this close to Ariana's Red Rabbit project?
Thanks if anyone knows any of the answers.

[cpap man] 28/7/2016 14:52

WOW thanks to the MM's for allowing the buying opportunity in MARL

[barrywhit] 28/7/2016 13:44

Cheers pr0t0n.....

[pr0t0n] 28/7/2016 13:43

Yep, just added charts ;-)

[barrywhit] 28/7/2016 13:38

MRA now shown on advfn... showing 95 bid & offer at present but that will change before opening....

[zedder] 28/7/2016 12:13

The 10k trade at 1207 at 50.95p is a buy (Barclays).

[pr0t0n] 28/7/2016 11:38

Gersemi,

Just one exapmple.
RoxGold who operates in Burkina Faso ,
has similar grades and size to Marl`s share of HM was valued after their PEA more then $200 million and gold was 1100/1200.
They are producing today, market cap $600 million.

Northland mentioned them in their notes.