Ariana Resources Share Discussion Threads

[bigglesbingham] 01/12/2020 18:24

Beryl effectively told us everything went ok and I haven't heard any different but I agree it's time for an update rns just to steady the waiverers

[soulsauce] 01/12/2020 17:11

Nicely bigglesbingham.

I must admit I was rather annoyed yesterday when there was no update. I mean how did the meeting of the 3 parties go. Ok probably can't tell us everything but at least throw us a bone so we know where we are and it isn't going to be 21 before we hear anything else.

[bigglesbingham] 01/12/2020 16:50

Sent it to the company .

[soulsauce] 01/12/2020 15:55

Cracking post Kirbs.

[1candc] 01/12/2020 15:42

The fact is that any sustained selling such as today's large transactions will inevitably hold the share price back and has done so in the past, it would be nice to see a time when any rise in the share price is not sold off in large volumes and given its head, perhaps one day!

[bigglesbingham] 01/12/2020 15:19

In fairness I only took off the table money I wouldn't have normally invested as it was earmarked for tax but couldn't resist as price was so low. When I did sell back down to 3% level I did so at very low rate not 250k per day which this seller does when there have been 250k worth of buys. This leads me to assume it's a large holder reducing for whatever reason.

[1candc] 01/12/2020 14:59

fair enough Kirbs4 , certainly a slow burner here, wake me up when we get news :-)

[kirbs4] 01/12/2020 14:45

Must admit I've been tempted lately. I took a chunk off the table in recent months and moved it across to CHF and PALM, have had my finger hovering over the sell button again this last week or two. Just feel there is a lack of urgency when it comes to realising s/holder value here and that alternatives will rise more in the short term. Its played out that way too. My plan was to bring profit back here and hope it wasn't too much higher, its actually lower but I still see more immediate potential elsewhere. Very much believe in the long term here and I may well miss some form of boat with the funds I have elsewhere, but AAU would need to at least double before moving was a bad idea! Wish they would focus both comms and actions more on s/holder value, believe it would help maintain the share price in the absence of news.

[actonovator] 01/12/2020 14:08

They're only doing what large holders like KS and Biggles have recently done. The prudent approach is always to take some off the table.

[1candc] 01/12/2020 13:47

The 'big seller' appears to be active today selling in 2 blocks of 250k, 1 x 200k and 1 x 100k, total 800k that's half of todays current volume if indeed it is one individual but this pattern has been seen many times. Probably, if correct, a big holder who has got bored with the drawn out wait for the JV looking to pastures anew.

[soulsauce] 01/12/2020 12:11

Yes it's been a fun ride Thanksamillion so don't miss Palm and Kav.
I find it quite phenomenal what is being built at Palm under the radar.
I find it quite phenomenal the potential of the prospects at Kav.
Both companies ridiculously valued against a plethora of Twitter ramped rubbish.

[thanksamillion] 01/12/2020 12:05

I See Chesterfield are doing very well, was tempted to buy a few when it was highlighted on here some time ago but never quite made the move. Think I got it wrong again, well done to those who bought in.

[pauliewonder] 01/12/2020 11:45

Good to see gold and silver finding some strength. Hopefully we will recover from here. After the recent bull market in November I think US stocks might be in for a turbulent time over the next few months so could see a recovery in gold. Still expecting north of 2k gold in 2021

[bigglesbingham] 01/12/2020 11:17

Persistent 250k seller still around

[donald pond] 01/12/2020 06:30

Should we start thinking in terms of what year the deal might be finalised rather than what month? Is 2021 realistic?

[bigglesbingham] 01/12/2020 00:56

Definitely been some excellent opportunity to add. The potential when this deal finalises is going to be very exciting .

[charles clore] 30/11/2020 21:42

This is dependent, of course, on no news of the deal in the very short term and continued selling.

[charles clore] 30/11/2020 21:38

JAF - I quite like the thought of 5m. I am 80% there and think I might be lucky enough to achieve that figure in the not too distant future.

[plasybryn] 30/11/2020 17:48

Thanks Lottsgold. I'm delighted to be one of the winners.

[lottsgold] 30/11/2020 17:38

Looking to top up in the next few weeks if the price holds so the seller can continue for a little bit longer if they like. A nice chunk at 5p would make me happy for Christmas. Congrats to Plas looks like you're one of the winners pal!

[bigglesbingham] 30/11/2020 17:24

I look for selling trends for example those who don't want to rock the boat ie sell when there have been buys as they have established holdings they don't want to affect their holdings from their sells. After watching these trades for years you get a feel for type of seller. There was 300000 sold after all these buys so looks as though seller hasn't finished. There may be sellers who don't give a toss about other investors and those have a pattern too. Just experience.

[jaf1948] 30/11/2020 17:07

Yes, I did look at the patterns after BB mentioned that there could be one big seller but I could find nothing conclusive. Many of us work in round numbers - it makes the maths easier !

[1candc] 30/11/2020 16:59

It's more a comment on not keeping a clean sheet of buys here today, a couple of sells at the end of the day did for that, perhaps I should have written 'a seller'
But in the not so distant past there was most certainly a large seller in chunks of 250k and several 500k's over quite a period. Take a look back if it interests you.

[jaf1948] 30/11/2020 16:44

What evidence is there that there is one big seller ? The sales come on different days, at different times and different amounts - I see nothing that links them.

Of course, if one accepts the hypothesis, then it follows that when this one seller has finished, the share price will start going up again. A nice thought, but I see no proof of a single seller.

[1candc] 30/11/2020 16:33

Biggles - looks like the seller just couldn't help themselves!