Arian Silver Share Discussion Threads

[jarrow3] 10/8/2015 16:51

For those interested in mining companies check this Interview with Charles Gibson: Head of Mining at Edison Research

[gekks] 10/8/2015 16:48

Nice jump - but still way too low - wonder how much longer they can be manipulated to these levels.

[bikwik] 10/8/2015 16:32

Silver and Gold anyone?

[charles clore] 07/8/2015 00:34

WS - I totally agree with you on that point and as you know, I think silver will do far better than gold in a bull market. But I think Jim is quite nervous about the low price of silver because it will make a significant difference to the company's survivability during the first couple of years of production.

[wstirrup] 06/8/2015 23:15

CC... If we can ride out the storm, we will merge as a huge bagger... (10x?)

I wouldn't be surprised from these levels.

[charles clore] 05/8/2015 22:47

Jim looked decidedly nervous during that interview with his eyes shifting about all over the place. He looked a lot more relaxed when he sold 2m shares at the top just before the price crashed in 2011.

[diesel] 05/8/2015 21:01

he did nothing to clarify the future revenues, only that the price of silver was critical and that they wouldn't hit the $14 AISC until full production capacity was achieved sometime next year. So what about the zinc element of the production process, is this insignificant?

[irnbru2] 05/8/2015 20:13

Good evening looooooosers.

Sp is now at all time low, as I predicted.

[sir andrew ffoulkes] 05/8/2015 20:07

Indeed, he is a very poor performer on Camera, but at least what he said was honest and accurate. We are an ultra high risk hedge on the price of Silver.

[diesel] 05/8/2015 13:33

Thanks for the link sir, it doesn't do much to instil confidence...

[sir andrew ffoulkes] 03/8/2015 10:26

JW interview:

[bikwik] 02/8/2015 12:58

Finally:

free stock charts from uk.advfn.com

[bikwik] 02/8/2015 12:49

I think Gold and Silver are going up next week.

Interesting how that gold is finding support around the 50% retracement level (of $252-$1920.6)at $1086.3 AND silver is finding support around the Fibonacci 76.4% retracement level of $14.75 (of $4 to $49.7) while every man and their dog are bearish. On the 22 July (2 days after the climactic Gold plunge early in Asia) the Washington post ran the headline..."Gold is doomed".

Plus August and September are historically very good months for gold. So with gold and Silver both having fallen significantly, not only over four years but also over the last couple of months, there appears to be a set up for a good August and a good September.

This is the chart of Fresnillo....worlds largest silver producer....in Mexico just like Arian Silver and the chart of Randgold Resources....one of the Worlds large Gold producers........there are other charts that show bullish reversals last week and that are very oversold!


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free stock charts from uk.advfn.com

[charles clore] 23/7/2015 22:31

WS - agreed. At the current lowly price of silver it surely cannot be long before producers feel the squeeze - and take action.

[wstirrup] 23/7/2015 21:51

CC... Still waiting, but not expecting one.

I didn't ask for one, just mentioned that silver miners in general, and Arian in particular are allowing buyers of the finished product - refined silver - to get it on the cheap, and the industry needs to do more to fight that.

W.

[sir andrew ffoulkes] 23/7/2015 11:11

Also bear in mind as the bespoke mill is now almost on site, transport is not really much of an issue.

[sir andrew ffoulkes] 23/7/2015 11:09

A lot of the 'subbies' were employed during construction phase, it will be far fewer now.

[bikwik] 23/7/2015 11:00

It seems I have found out....out of curiosity!!

In the R & A for 2014:

6. Staff numbers and costs
The average number of persons employed by the Group (including directors) during the year, analysed by category, was as follows:
Number of Employees 2014
Finance and administration 16
Technical 52
Total staff numbers 68

Note also: Our Employees

Approximately 276 people were employed by Arian Silver and its sub-contractors as at December 31, 2014 at the San José project and the administration office in Zacatecas, Mexico and our corporate head office in London, UK.

So quite a lot of subcontractors.

[irnbru2] 23/7/2015 10:40

Silver is not out performing gold, on the long term tren.

When PMs revers and start to rise, the gold/silver ratio will reverse.

Keek selling.

[bikwik] 23/7/2015 10:35

HyperAl, the answer to questions in your first paragraph can easily be found in Arian's RNS of 28 May 2015 (results for 1st three months 2015).

They produced their first Silver/lead concentrate in March. You can see it on page 6 of their corporate presentation of July 2015. They are going to include this in their 2nd quarter results. Obviously as this was towards the end of the first 1/4 it was not going to be that much, hence its going into the 2nd 1/4 figures.

Well if you look at page 17 you'll see that they have 12 haul trucks at their disposal. They look pretty big to me. At max capacity of 1500 tonnes of ore thats 125 tonnes per truck per day. Each truck probably takes about half of that, so that's two journeys per truck per day, maybe three. I'm sure they could get the contractors to supply some more trucks if they need them.

It probably says in one of the reports how many staff are employed. You'll just have to do some digging. From memory I thought they had around 100 staff approx. in total. Wouldn't have thought they would all have been involved in mining the ore directly. If you find out let us all know.

[sir andrew ffoulkes] 23/7/2015 10:22

The mill is almost at 750t/day, we are anything up to 9-12 months away from 1500t/day.

We have limited stockpiles, maybe a couple of months worth as contract mining was ceased and the underground work was developmental in nature.

Grade is anyone's guess.

[observer007] 23/7/2015 07:36

Silver price seems resilient and outperforming gold currently.

AGQ looks cheap with market cap only £8m, less than an explorer but Arian have over 120m tonnes of silver in the ground and are now mining it.

No wonder a recent analyst reckons the shares should be over £1

[bikwik] 23/7/2015 00:46

By the way, the on balance volume is for Silver. It shows that the balance of volume on up moves is greater than volume on down moves. Therefore it is a bullish indication.