Arian Silver Share Discussion Threads

[bikwik] 09/6/2015 09:05

Well, results out sooner than I expected, much sooner as it turns out!

They look pretty good. Suggests a lot more silver, lead and zinc in the San Jose Vein system. Hopefully too the current underground drilling programme with their termite rig will uncover further mineralisation.

Updating of the resource base in due course will be interesting.

Excellent timing of this announcement, maybe they are taking note of the chart!

[leedskier] 09/6/2015 08:35

It will be interesting to know what the value of AGQ's real estate.

Edit: Rather more than the £10m market capital, I guess.

[sir andrew ffoulkes] 09/6/2015 08:15

It really is very good news, all 19 were successful. Our Geologist is pretty adept at this (if not always relaying the news very well).

[charles clore] 09/6/2015 08:07

Did we really expect anything different from the richest silver region in the world?

[leedskier] 09/6/2015 07:04

AIM: AGQ
TSX-V: AGQ
FWB: I3A
9 June 2015

Arian Silver Confirms Strong Continuity within the San José Vein System

Arian Silver Corporation ("Arian Silver" or the "Company"), (AIM: AGQ, TSXV:
AGQ), a silver mining company focussed on projects in the silver belt of
Zacatecas, Mexico, is pleased to report the results of its Phase-5 drilling
programme within the township of Guanajuatillo located along the San José vein
system ("SJV") within the San José project, Mexico.

Highlights (all widths are true widths):

* High-grade silver intersected in latest round of drilling;
* Mineralisation intersected in all 19 holes;
* Hole GW-15-59 containing multiple intersections including 5.09m with
249 g/t Ag and 6.43m with 357 g/t Ag;
* Hole GW-15-58 also contained multiple intersections including 1.22m
ith 431 g/t Ag and 6.11m with 157 g/t Ag;
* Hole GW-15-64 intersected 5.68m with 249 g/t Ag;
* Hole GW-15-65 intersected 8.1m with 225 g/t Ag;
* Mineralisation remains open along both the western and eastern strike
extensions and to depth; and
* Independent Mineral Resource Estimate update planned over the coming
months.

Arian Silver's Chief Executive Officer, Jim Williams, commented today: "The
Phase-5 drilling programme demonstrates the significant potential for further
silver and base metal resources within the San José vein system. Our
exploration methodology and execution has been very effective and we returned
some excellent intersections with increased true widths in several drill holes.

The results confirm that the silver, lead and zinc mineralisation extends
beneath the township of Guanajuatillo over a length of a kilometre. The
Guanajuatillo area connects to the Soledad resource blocks to the east as well
as to the resource blocks to the west of Guanajuatillo.

These drilling results will enable us to update our NI 43-101 compliant mineral
resource estimate over the coming summer months and we look forward to updating
shareholders in due course.

In addition, we have recently commenced an underground drilling program using
our own compact drilling rig which has been set up to drill the down dip
extensions of the SJV and to further aid mine development work."

The drilling programme, which comprised 19 holes for a total of 4,876.75
metres, was completed during April 2015 and followed by sample preparation,
analysis, and data compilation.

Please see the link here to view the drill intercepts for 19 holes of the
drilling programme In the Guanajuatillo area of the San José vein.
www.ariansilver.com/i/pdf/Guanajuatillo-drill-results.pdf

Please see link here to view a schematic plan showing the location of the
Phase-5 drill holes along the San José Vein. www.ariansilver.com/i/maps/
San-Jose-Vein-System.jpg

Quality Assurance

All technical information for the San José Project is obtained and reported
under a formal quality assurance and quality control programme. The core is
logged and photographed by Arian Silver staff and then split using a diamond
saw. Half the core is stored on site in a secure facility and the other half is
labelled, bagged and secured. Analysis is undertaken at Arian Silver's own
laboratory with check samples sent to ACME laboratory in Guadalajara, Mexico.

Qualified Person

Jim Williams, Eur Ing, Eur Geol, BSc, MSc, D.I.C., FIMMM, Chief Executive
Officer of Arian Silver, is a "Qualified Person" as defined in the AIM
guidelines of the London Stock Exchange, and a "Qualified Person" as such term
is defined in Canadian National Instrument 43-101. This press release has been
prepared under Mr Williams' supervision and Mr Williams has verified the data
disclosed by this release.

* End -

[wstirrup] 09/6/2015 02:02

BIK, Thanks for the charts...

The Stochastics certainly giving food for thought.

Also the 50/200dma seems to be edging closer too... A Golden cross soon?

Perhaps.

W.

[bikwik] 09/6/2015 01:40

If the release of drilling results, which most of us are waiting for, happen to coincide with a strong silver price then we might get back to the high 30's or even low 40's. However, these may not come out until nearer the end of June or possibly early July. Hopefully though we might get lucky!

One last thing....the US Dollar. This looks to be on the cusp of a weaker phase so that should help Gold and Silver. Take a look at the chart of the US Dollar Index on stockcharts.com........this is the link:

[bikwik] 09/6/2015 01:30

These failed breaks occurred at the upper and lower boundaries ($1225 & $1170) of the right shoulder of a large Head & Shoulders "base" pattern that I have previously mentioned (admittedly for Silver, though both patterns are very similar).

The upside breakout last month was very close to the falling 200 day moving average and was a factor in reversing the rise to that point.

The theory about false breaks (which generally work out in practice) is that the opposite side of the range is likely to be tested.

In the first case the failure over the $1225 range high indicated the risk for a test of the range low at $1170. This indeed occurred.

Now we see a downside failure of $1170 and thus the scope for a rebound to test $1225. One could argue though that as the 200 day mov avg is now lower than it was last month, the rebound may be repelled before that at around the $1215-$1220 area. Quite possible of course, though a $45 to $50 rise would be enough I feel to set the Precious Metals mining sector alight again, at least for a few weeks. Silver would of course jump back into favour again, and hopefully drag some decent buying interest back into Arian Silver.

[bikwik] 09/6/2015 01:13

You all will of noticed that silver and gold have dropped back in the last few weeks, but these look too have run their course and should start to rebound in coming days.

The chart of Gold is providing some strong clues as to doing just that. Silver will find it hard not to closely mirror what gold does. Here is the chart of Comex gold futures (notice the two failed breaks that are circled):


free stock charts from uk.advfn.com

[bikwik] 09/6/2015 01:03

Notice that we have dropped back to the rising trendline drawn from the end-March low.

Plus of course the stochastic oscillator has fallen back to buy signal territory.

This has worked pretty well in the past as you can see from the blue arrows on the chart which coincided with the stochastic dropping back to buy signal territory, i.e zero or pretty close to it.

This time of course we are closer to the downtrend line from the November low and a break of this resistance should be much more likely this time.

Volume too has sunk back in the last few months and a pick up in volume may accompany a break in the downtrend.

[bikwik] 09/6/2015 00:54

Hopefully something to alleviate everyone's boredom:


free stock charts from uk.advfn.com

[sir andrew ffoulkes] 08/6/2015 13:47

One would hope we are not too far away from news now. The P5 drill results seem to have taken an age, so here's to hoping we get them in the near term. Anything to help with the boredom of being priced as an explorer in bankruptcy, whilst actually being a producer that's fully funded and in receipt of revenue.

[drey34] 07/6/2015 05:13

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[charles clore] 06/6/2015 22:00

For the average Major producing silver the cost is - $24
Current silver price - $16
Something has to give. Silver is an essential industrial commodity. Market forces should find a higher price for silver.

[pugugly] 06/6/2015 20:53

BIKWIK: Agreed a pure play on silver - and as you point our silver could be a hedge against a fall in the stock markets but this is not certain. If interest rates revert to a "more normal" level (if more normal means the levels between say 2000 and 2007) then the cost of holding bullion will go up.

The main drivers for bullion in the past have been worries about inflation (unlikely imo - certainly not labour inflation as much labour is being replaced by software and machines) Not cost of funds as quantative easing has swamped the money supply - but banks are not lending as the new nanny regulations make them very risk adverse - OK We have real asset inflation (property - art - and shares/bonds) and some service inflation (private education - health care - insurance - entertainment) but not consumer goods [I do not at this stage intend to go into the errors in constructing the various indices.

All of the above plus a possible slowdown in the world economy makes me feel that there is a less than 50% chance of a significant increase in the price of silver - in particular as it is also an industrial metal.

This leaves open the question as to how to grow or preserve assets in the medium term.

[bikwik] 06/6/2015 19:45

Quite a lot actually. I don't think anyone can credibly forecast anything 5 years into the future, they are guessing. And well, ahem, to say the average price will $1.00 higher in the next 5 years, then another $2.00 higher in the five years to 2025 is basically saying they havn't the foggiest idea! If you look at reality, markets do not work like that, period!

Silver and gold are basing out while stock markets led by the US are topping out. The US authorities are doing their utmost to keep the economy and the stock market afloat, trying desperately to plug the massive leak in the side of the ship which is getting closer and closer to finally caving in. I'm sure Janet Yellen is well aware of the problem, but unfortunately I feel that she will go down in history as the person at the helm when the ship finally sinks.

Funny how China in particular has been buying massive amounts of gold. Perhaps they have also spotted the problem.

Arian is a pure play on the Silver price which I feel, though still chopping around and along with gold of course, is building a base area ahead of a new bull market. Most of course do not see that. They never do at major turning points as they have been so used to the current bull or bear trend which they expect to go on forever. Well maybe forever is not the right word. The point is they are never prepared when "unforeseen" events or "series of events" provide the catalyst for the trend change.

So, Arian is the only small cap play in London on the Silver price. Also, it has recently moved into production and is on a firm financial footing. At the moment it is generally overlooked and being underestimated by the financial community. A market cap of less than £10m is not even on most institutions radar. It is currently being valued as an explorer, not as a producer which it now most clearly is. There are also some drilling results due to be reported to the market, probably later this month, which should I feel surprise the market. Only a hunch of course. Its operations are of course based in one of the worlds most prolific silver bearing regions - the Zacatecas region of Mexico.

[pugugly] 06/6/2015 17:58

Just dropped by for another look as been on watch list for ages however cannot see much value.

The latest Edison research was based on the following silver values Silver price (US$/oz)

FY15e FY16e FY17e FY18e FY19e FY20e FY21e FY22e FY23e
$19.93 25.06 24.18 25.26 26.57 26.28 25.27 25.17 24.92

Latest Kitco silver price.

SILVER
06/05/2015 $16.13 $16.23

No indication I can find to justify the Edison price forecasts for silver in the current economy

World bank forecast for 2020 is only $19 and 2025 $21




So what if anything am I missing ?

[soulsauce] 06/6/2015 13:45

Sheisters!! The Sepp Blatters of the financial world ;-/

[ciao4niao] 05/6/2015 20:22

run12, and what do you think the manipulating banks are?

[wstirrup] 04/6/2015 22:15

First Majestic you forgot to mention...

BUT, perhaps it is time that the whole industry set up a commodity exchange, to be governed by the miners.

W.

[sir andrew ffoulkes] 04/6/2015 16:04

Finally, a miner has the bottle to complain:

[wstirrup] 03/6/2015 18:16

SAF, if it drops below 30p, I'll add, so that's my two-penny'th


W.