Arian Silver Share Discussion Threads

[jungmana] 29/7/2017 15:44

Highly geared - I know the history with San Jose. I was a holder then.Mostt of the blame lays with JW but the drop in silver price was what led the loss.But the company still has 3 significant silver projects and a number of other small ones. If they recently sold a non core silver project calicanto for $400k then how much for the 3 big core concessions? $4m possibly?Then concentrate on lithium. That is a good option going forward.

[john2017] 29/7/2017 13:13

Highley Geared : I tend to agree with you re the silver which is why I hope they can get a good price for them!

[john2017] 29/7/2017 12:06

I bought in due to the tiny cap versus the big cash element and lithium prospects rather then the silver but you could be right if they get a good price for their silver prospects or better a still JV backing

[john2017] 29/7/2017 12:03

Anyway over the past year or so Jung and Tem have been in some very good shares Where killings have been made so hope you are both right on this one!

[john2017] 29/7/2017 09:33

This displayed strength on Friday which should bode well for next week.No more need for funding for a while and very low cap with results due should lift this next week

[temmujin] 29/7/2017 09:09

jung..show me how they are going to put charging points in rows of terraced streets and i might believe it but they havent thought it through properly...and hybrid vehicles wont be the answer,too complicated and too expensive

[jungmana] 29/7/2017 09:05

Both lithium and silver have huge growth potential and agq is well positioned having good projects in them.

[jungmana] 29/7/2017 09:04

Temm- lithium is the new oil. This is why companies are pouring money into it in Mexico, Chile, Australia, Zimbabwe, USA and everywhere.Primarily for EV.

[jungmana] 29/7/2017 08:53

Temm- if no point in lithium why a&e companies paying millions of $ for lithium projects all over the world especially in Mexico.Look at the deal Bacanora (BCN) just did recently in Mexico as an example.

[jungmana] 29/7/2017 08:49

Our 3 core silver assets and the new lithium projects together are of good value.If we manage to sell a non core asset for $400k what value for our 3 large silver projects?No wonder Align research value us at 2.2p

[john2017] 29/7/2017 08:46

That's why I am surprised this is so low with significant part of its cap in cash

[temmujin] 29/7/2017 08:44

no point..lithium is everywhere...you can grab a shovel in mexico and rake it off the surface like top soil

[jungmana] 29/7/2017 08:43

We are very cash healthy; $400k as of 31st December,$400k received in February for sale on non core silver project calicanto.£600k raised in May£600k raised in July.So right now I believed we will be in cash of at least £1m. Could be as high as £1.4m imo.

[jungmana] 29/7/2017 08:36

The 3 lithium exploration projects cost $200k to acquire and the money will be paid in instalments over 12 months.

[temmujin] 29/7/2017 08:31

no..i'm saying we might get drilling news on those projects or something else connected with them

[jungmana] 29/7/2017 08:31

Align research has a valuation of 2.2p for AGQ in a report released in May.Agq has 3 core good silver concessions in Mexico. Early this year a non core project was sold for about $400k.The company also acquired 3 lithium concessions in April of this year.In May raised £600k and July £600k.The company entered 2017 with about $400k cash as of 31st December 2016.That's a quick summary of agq.

[john2017] 29/7/2017 08:26

You mean he wants to buy a silver project?

[temmujin] 29/7/2017 08:17

why would he? wants a low price first

[john2017] 29/7/2017 08:14

He mentioned nothing in podcast about that