Ariana Resources Share Discussion Threads

[jaf1948] 03/2/2021 16:09

Charles,

Yes, we had a good run up in the first half of 2020, but in the last 5 months, AAU has dropped the best part of 30%. I don't hold any shares 'less promising' than that, thankfully.

[charles clore] 03/2/2021 16:03

Or maybe sell something less promising and buy more of these? I can't see this as a fair or realistic valuation now.

[lottsgold] 03/2/2021 15:57

I did say it could be many, there is clearly more than one seller but there's is definitely at least one very large seller. We all understand everyone's fed up and many are reducing, it's clear from the sentiment of this BB.

[jaf1948] 03/2/2021 15:55

If there is no news by the end of this week, there will certainly be more than one seller then ! I accept that any company can make mistakes and have bad luck, but to continually score own goals is getting too much for me.

If anyone from Ariana is reading this, all we are asking for are the reasons for the delay.

[kirbs4] 03/2/2021 15:45

"the seller" being stated again. You don't know its one seller. It is equally, if not more likely that many people who have invested here are wary of the Aim circus and see a bod who have a deal that's currently 13 months late, all the known dependencies resolved, and silence. You'd have to be emotionally attached to not at least consider that. Many people I'm sure would argue that the sensible thing to do right now would be to derisk your holding, the warning signs are there.

[thanksamillion] 03/2/2021 15:36

Testing that weak 4.5p support again if it breaks then down to 4.25, if it holds we have a bullish double bottom.

[charles clore] 03/2/2021 15:36

One can only surmise that perhaps the bod does not want the message to get out. But if not, why not?

[lottsgold] 03/2/2021 15:26

If it's the 20m seller they must be close. We won't know until it suddenly turns, certainly a lot of unhappy shareholders so could be many but feels too systematic. Happy with my bargains whatever.

[jaf1948] 03/2/2021 15:26

The longer the selling goes on, the less likely that it's a single seller.

[charles clore] 03/2/2021 15:16

Seems like a never ending seller portfolio. How many more FFS?

[lottsgold] 03/2/2021 14:28

Couldn't resist another 150k seller can't have masses left now could be any day...

[bigglesbingham] 03/2/2021 14:26

Safely say that but been here before with Ariana.

[thanksamillion] 03/2/2021 13:51

Stick in an order for 10m then, see what that does for the share price ;-)

[charles clore] 03/2/2021 13:48

I bet you never thought you'd be picking them up at this price 6 months ago!

[bigglesbingham] 03/2/2021 13:43

Nowhere near pal 1% is 10m shares I only declared back over three percent again a month ago.

[charles clore] 03/2/2021 13:27

Biggles you must surely be getting close to another percentage declaration point by now

[xow98] 03/2/2021 13:23

Ariana Resources plc Retweeted

Sprott Long term silver chart Target $26 - $35

[lottsgold] 03/2/2021 13:17

Buy when everyone else is selling :).

[bigglesbingham] 03/2/2021 13:05

Absolutely just bought £30k hummingbird after their 10% fall due to artificially high aisc in 2020.

[lottsgold] 03/2/2021 13:01

Keep it up Biggles just took another £10ks worth managed to get in just under 4.7. 15-20% divi will be worth it yet alone any upside.

[timothyjones2010] 03/2/2021 12:51

Biggs I get where your coming from. It was hot rockets that got me temped and bought in. Hot rockets called it right but I don't think they anticipated how long the share price would improve. I do believe good communication is good, just enough to keep investors informed, anything is better than silence. Value your posts and thank you

[bigglesbingham] 03/2/2021 12:05

Get it and I know the board are aware of shareholders dissatisfaction with investor relations and communication . Fortunately I try and look at fundamentals and always have hence I tend to buy when many sell. Don't get me wrong it a 35 year learning process and counting. To me even if deal didn't go through we are worth more than current share price and if deal goes though then again worth more than share price so on that basis I add. It did help getting out of 3 x silver trade at $30 dollars to free up cash. To me you cannot give too much information to clients or in this case shareholders but Yellow Jersey obviously don't get the fact that the odd tweet doesnt hack it we ain't got Donald Trumps followers ffs. The big question is the board going to do something or are they too stubborn. Stubbornness is sometimes a good attribute in driving a business and sometimes it isn't.

[jaf1948] 03/2/2021 11:50

Biggles,Until we know why we are waiting for news and hold long it is going to take for completion, many of us are seeing this as a selling opportunity rather than a buying one. Why tie up your hard earned savings when the share price could be 6 months more in the doldrums - or 6 years - or 6 days ? Who knows - and that is the problem.