Ariana Resources Share Discussion Threads

[plasybryn] 20/1/2021 15:38

Best to be aware of both disciplines imo as a number will use the charts to decide when to buy. A break-out for us will be strong given pent up demand and time in consolidation.
But I suspect it will be either a gold break-out (currently looking heathy today) or a solid piece of news like special payout details, or better than expected drill results or a big Tavsan permit that excites the market and changes sentiment over night.

[charles clore] 20/1/2021 15:06

Plas - I am definitely a fundamentalist when it comes to AAU . There is plenty of upside to come in due course imho.

[renniks2016] 20/1/2021 14:53

The handle should not extend more than 25 to 30% percent of the cup, but this is not set in stone, we are in a prime position to break out on that basis. Classic example. IMO

[thanksamillion] 20/1/2021 14:41

And silver now.

[soulsauce] 20/1/2021 14:38

Replay of yesterday.

Good to see gold bounce.

[thanksamillion] 20/1/2021 14:33

Gold price reversal looking very strong.

Come on AAU, you can do that too.

[plasybryn] 20/1/2021 12:54

Thanks Charles. What a superb bowl. But as you say could now be a cup & handle formation. I wonder if others have a view. The question is how long does it take to play out but as they say all comes to he who waits. Or value will out if you are a fundamentalist.

[huffster] 20/1/2021 12:14

Question: Can Kerim be an effective, hands-on MD (with attitude)from 6000 miles away in Perth? Surely Ariana needs him in the region to forge ahead with Turkey/Cyprus/Serbia? Hopefully once permitted he'll be heading back ASAP...

[charles clore] 20/1/2021 12:10

Plas - that 10 year cup and handle chart

[konil] 20/1/2021 11:59

i confess to have been concerned and impatient to hear about receipt of the govt clearances. now that they are all done i feel relaxed enough to spout irritating truisms like...

'the stockmarket is a mechanism for transferring wealth from the impatient to the patient'


with the last govt clearance being achieved for the jv, the value add that has now been confirmed (i.e. it is no longer in external hands) has simply been missed by the market. understandably so because aau is a tiddler but for those looking to get in it is a blinding opportunity, for those full invested patience required.

[soulsauce] 20/1/2021 11:59

What it needs is for Kerim to say when the deal is finally going to be completed, rubber stamped and the money signed sealed and delivered.
Every time we get a further delay, for whatever reason, some PI's give up and we know this is a PI controlled share.
We need final clarification and soon and what plans are afoot.

[donald pond] 20/1/2021 11:48

Needs news on Cyprus and Salinbas. Until then its the normal AIM thing, punters get bored and sell, price drifts, until something changes and it then perks up again. Experience shows that its better to buy at the lows of these type of miners and they tend to be fit and starty

[soulsauce] 20/1/2021 11:44

Sits and waits for Manure Gordon to actually make a comment on the JV...............tum-ti-tum.

[8rad] 20/1/2021 11:40

A lot of this though is self inflicted by a vague and understated announcement yesterday …. Kerim take some steroids man.

[bigglesbingham] 20/1/2021 11:39

Why amazing that there is activity? It reflects what's going on within the company. Strange comment to what end I wonder .

[jaf1948] 20/1/2021 11:38

Charles,

As John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.”

[charles clore] 20/1/2021 11:29

Another disappointing day. How long can this go on?

[bigglesbingham] 20/1/2021 11:23

Well sell then . It's simple you either believe in strategy or you don't .

[corrientes] 20/1/2021 11:21

Amazing that there continues to be so much activity on this thread Must be from all those that bought a circa 1p or 2p trying to gee things up. The increasingly strong probability is that in a year's time, we'll still be waiting and the share price won't have moved significantly.

[konil] 20/1/2021 11:15

he posted that yesterday and repeats the exact same today with little supporting opinion.

perhaps a paid deramper, if such things exist. and if so, then a very good sign because someone wants in on the cheap.

[thanksamillion] 20/1/2021 10:44

Cresenter

Cant agree with all you suggest in 3002.

[lottsgold] 20/1/2021 10:31

Didn't you say that yesterday? Although i'm disappointed with the price currently the 20% special dividend will certainly help. That plus thanks to our new JV partner we will be earning a similar amount as before from our 1 producing mine after expansion in H2. Then we will have the upside again thanks to the new partner of quicktime exploration. I don't blame people for bailing but it's sentiment driven.

[xow98] 20/1/2021 10:29

Now down 25% from high of 3rd September. Without new investors price will continue to drift until such time as we receive further resource updates as most of us are overweight AAU.

Also agree with DP.

[crescenter] 20/1/2021 10:27

The hard facts are that AAU will have a minority interest in its only producing asset with no control over what happens in the future plus some exploration jam tomorrow assets.

The market is valuinf AAU accordingly.

This has been a massive error of judgement by Kerim.

[driver101] 20/1/2021 10:17

dp

Agree