Arian Silver Share Discussion Threads

[sir andrew ffoulkes] 02/4/2015 16:24

INSIDERS WHO MUST BUY

The following are the characters who really MUST buy.

Jim Williams the CEO, whilst he owns a commendable 440k shares, he is THE KEY player and ABSOLUTELY MUST buy shares on the open market.

Tony Williams the Chairman, not suggesting he buys, just suggesting he ensures Siberian Goldfields pays us back our $221k and then departs for pastures new.

David Taylor the CoSec.

Dean Friday the CFO.

Miguel Barahona (Mexico - Country Manager).

Fuad Sillem (Investor Relations).

Let's not have excuses about closed periods etc, actions speak louder than words!!!

[sir andrew ffoulkes] 02/4/2015 16:04

BoD not buying but selling (Tony Williams)is a huge red hand saying stay away (he really needs to go). That's despite all the good news, on face value there seems to be nothing not to like here. One has increased one's holding considerably lately but until we can all see insiders actually buying, there will be no more support of the share price from my direction. We have a BoD and other insiders who own practically nothing in the business and those that are owned are awarded, whatever their historical reason for doing so. The only way to prove confidence, is hand in pocket purchases. The other reason we need to get rid of Tony Williams is that he drains our resources in Director fees (into Dragon Group) and yet owes us a relative fortune (over $200k) via his Siberian Goldfields vehicle.

All you shareholders who read these boards and own AGQ shares, need to be sensibly emailing the insiders and encouraging them to buy shares on the open market. We own this company after all, some of us probably more so than the BoD (excepting the CEO Jim Williams who still has a commendable 440k shares).

[buywell2] 02/4/2015 15:34

free stock charts from uk.advfn.com

[sir andrew ffoulkes] 02/4/2015 15:22

It's absolutely plain crazy, what's happening. One has been in touch with the company and they are unaware of any reason why it's falling at the moment. It's probably worth anyone who reads these boards emailing the BoD and emphasizing how important buying shares in their company is. Not much chance of that pi*lock Tony Williams doing but some of the other staff might show the faith, if they don't then our future surely remains in question.

[wstirrup] 02/4/2015 06:04

SAF...

I would heartily recommend just nibbling at the shares as the price oscillates...

I can't believe I've got another opportunity to top up at these levels.

I'm off to Portugal next week, and am almost tempted to pass on it, so I can bag a few more.. Almost... ;¬)

W.

[casino444] 02/4/2015 05:53

the rocket video is back that should help the share price !!

[irnbru2] 01/4/2015 21:13

Anyway, keep selling, too much risk.

When the POS turns, you will do better in one of the large producers.

[irnbru2] 01/4/2015 21:11

Good grief.

[bikwik] 01/4/2015 19:34

Very undervalued share, climb aboard. You have been warned.

[sir andrew ffoulkes] 01/4/2015 15:18

Reiterate: BUY

Market Cap < £10m

Mill cost to buy new approx £25m.
San Jose mine operational, milling operational, cashflow coming in.
Access to further undrawn cash from the Quintana financing facility and YA Global (god forbid)
Presumed to have completed 5000m drill campaign last month which will add to reserves.
Cash in the bank.

What's not to like.

For me the most important thing is seeing a stream of Director Deal RNS's over the next few weeks or months, all saying, so and so bought at 30p, at 35p at 40p and so forth. Come on senior management team, show the faith. We have.

[sir andrew ffoulkes] 01/4/2015 12:49

No sure one agrees with you about PoS, after all if our AISC is $14/oz, we are almost 20% above that (that's a decent margin). Whilst it is highly volatile and one trading day can make all the difference in the PoS, it's not that bad.

[soulsauce] 01/4/2015 12:40

Lets hope so SAF. The weakish PoS is not helping.

[sir andrew ffoulkes] 01/4/2015 11:31

Now this is getting really crazy, who would sell at these prices when everything is on the up. It has a feel of either an ISA or CGT loss scenario that'll be reversed later in the month or manipulation.

[soulsauce] 01/4/2015 10:18

SAF thanks for the links.

If it's any compensation it's not just this Ariana that appears unloved. Ariana Resources (AAU) is building in to a very nice small gold explo soon to be miner yet their shares are languishing too.

Too many punters and rampers chasing rubbish and trying to run them up for short term profit.

[sir andrew ffoulkes] 01/4/2015 10:00

We have a Mill that's worth more than our market cap.

We have a mine(s) that's worth more than our market cap.

We've cash available to us that's worth a significant chunk of our market cap.

CRAZY !!!

[sir andrew ffoulkes] 31/3/2015 10:59

Northland Securities.

[sir andrew ffoulkes] 30/3/2015 17:04

Interview from Jim W today:

[sir andrew ffoulkes] 30/3/2015 17:01

Jim on audio today:

[buywell2] 30/3/2015 16:50

Note the last sentence as it has some bearing here









Arian Silver finding its way at San José; achieves first concentrate production


March 30 2015, 3:07pm



Mexico-focused silver miner Arian (LON:AGQ) shares advanced on Monday as it produced the first silver-lead concentrate from its newly constructed plant at the San José project in Mexico.

Jim Williams, chief executive, told investors it marked "the transition to a new silver mining company".

Speaking to Proactive, he added: "It's what we have been waiting for. We've been working on this for quite a long time now. In the last six to eight weeks we have had quite a rigorous commissioning programme."

He added: "We've overcome all the major hurdles and here we are now, in production."

He said he expected San Jose to be fully up to speed and in full production in a timeline of 12 to 15 months, but he is hoping to better that, not least as it has already started commissioning of the zinc circuit.

The firm revealed today it had kickstarted the commissioning of the zinc flotation circuit and anticipates first zinc concentrate production early in the second quarter of 2015.

Throughput is earmarked to be increased over the coming months until the maximum throughput of 1,500 tonnes per day is achieved.

In terms of the silver price, Williams sees it going up, along with gold, and would like to see it at US$20/ US$25 per ounce, which would significantly improve the group's bottom line, he said.

The firm's all in sustaining costs are US$14 an ounce but below that it fails to make money, he acknowledged.

[sir andrew ffoulkes] 30/3/2015 16:09

AISC is roughly $14 and cash cost around $12, so still pretty profitable at todays prices.