Ariana Resources Share Discussion Threads

[kaos3] 07/3/2021 18:32

like from 17 min on

[kaos3] 07/3/2021 18:23

BIS Basel 3 rule



the man who explains it so I can understand is ALASDAIR MACLEOD

also why EU banking is basically bankrupt now (rule 2 - accepting junk paper as a collateral in inter central banks operations/net positions - how Germans got stuffed with PIGS junk paper as a collateral and if they send it all bust - they are on the hook again - because they will be paying most in rescuing present EU system). so they pretend and kick the can

[lottsgold] 07/3/2021 17:59

Biggles I haven't quite got the hang of the 3sil, think your timing makes sense but it's a complicated compound play that i'm not sure I'm ready for!? The 12.5% shift on Friday makes me feel it's too risky for my understanding. John you do seem to turn out with some outlandish stuff 1000pts on the DOW will do me fine I have put some into the industrials for a move from the techs...we will see

[soulsauce] 07/3/2021 16:43

Sorry John I bow to your obvious superiority given I am just a boring investor.
Let's hope you don't end up with egg on face with your claims 🤔
I will watch with interest for the rocket in PMs tonight and a 1000 on the Dow.
That is when you are done spreading scare stories about the vaccine.

[johncasey] 07/3/2021 16:19

soulsause..you know nothing then..opens at 11pm..obviously not a spread better but a boring investor

[plasybryn] 07/3/2021 16:12

I've since discovered that Basil 111 is going to be implented in the E.U. as agreed on 28th June, but here in the U.K. we are delaying it yet again to 1st January 2022, basically on the pretext of Covid, but to allow Banks time to fully comply. The objective is to ensure Banks remain financially and operationally resilient during the pandemic. Our framework will probably have some divergence to Basil 111 and will be called CRR11 (Capital Requirements Regulation). As before Banks will have to be audited to confirm their gold holdings pre implementation and hold derivative gold positions backed by real assets to the level of 85%. The full implications and wide reach of these changes are still, I suspect, anyones guess. It has been suggested, I believe, that if the markets were allowed freedom to adjust to the changes, gold would re-rate to circa $3000 per oz, but Governments & Central Banks will want to avoid any such rapid changes as this could suggest loss of confidence in FIAT currencies. Supposedly their ability to manipulate prices will become ever less effective. We shall see.

[bigglesbingham] 07/3/2021 15:05

I've been dipping in and out of the three times silver trade I'm in again as it was hitting $25 ounce. Once you analyse the movements and know it's being manipulated around a band of $24-29 then there are some distinctive patterns.

[soulsauce] 07/3/2021 11:38

Didn't know the US market was open on a Sunday 🙄

[johncasey] 07/3/2021 11:11

got a feeling the dow will go up 1000pts tonight..ftse to follow along with gold and silver

[konil] 07/3/2021 10:37

if the more bullish extremes come to pass, according to some silver will outpace %age gains in gold by a long way especially as the au/ag ratio is out of whack with long term norms even now at 68 after correcting from peaks in excess of 100.

i'm glad aau throws off 10x quantity of silver at kizil compared to gold. (somewhat tongue-in-cheek, gold could become the credits for the silver production numbers! the world has seen stranger things.)

[1candc] 07/3/2021 10:00

The drop in price of non interest yielding Gold is primarily down to the increase in interest rates from US Treasury 10 year bonds now paying circa 1.6%, Gold pays nothing but on the plus side any increase in inflation will see Gold used as a hedge which will be bullish for the entire precious metal family.

[johncasey] 07/3/2021 09:36

only stocks i gamble in mate

[uknighted] 07/3/2021 09:16

Casey, or should I say maestro, do you ramp everything?

JohnCasey7 Mar '21 - 09:06 - 5972 of 5972
0 0 0
thor has alot of nickel..fireworks monday

[johncasey] 07/3/2021 09:11

gold and silver will rocket tonight

[plasybryn] 07/3/2021 08:43

Basil 111 - impact on the gold price?The upshot is with paper shorts out of the question from June 28 2021, banks being audited before the end of Q2 2021, and a mass, mass shortage of gold; we can almost ignore the macros at play in the current world as Basel III is a lot bigger and a trade opportunity that cannot be missed. Prices cannot hang around for much longer at these levels, and as we head towards the end of Q1 we would expect prices to begin their ascent to much higher levels.

[kaos3] 07/3/2021 07:53

all true - but the reality of the moment consist of the at the time prevailing social contract - and we do not know which way it will go. there are many possible scenarios to consider and be prepared for. not just - it will collapse and gold will win - soon





PS
best hedging imho is gardening heh heh

PPS
and the history confirms this sophisticated hedging plan
PPPS
even Bill bought his garden - a big one

[renniks2016] 07/3/2021 07:44

Sunday morning chat.
Any thoughts on how long the 1.9Trillion will last in the US with 10m unemployed ? It is likely that in less than 3 years, public debt owned will be more the 100% of US GDP, now that takes some thinking about!

No way out, will inflation be their only option? which will be a disaster for most.

Talk of gold going to $10,000 - $20,000 oz does not seem so ludicrous in this scenario.

[konil] 06/3/2021 16:29

skara, nice scenario you paint and i think the future aspects could well come to pass.

the history is a bit different though. the jv deal was in the making in 2018/2019 and announced in 2019. the gp was in the region of 1400 - 1500 so not quite the peak at over 2000, and we have been told by ks that the deal terms were not changed because that is not the way he does business.

but agreed ks has played a blinder, for the other reasons you state.
and also wise enough to know that aau needed more muscle, politically for heavy permitting period upcoming and operationally for size/challenges of salinbas, so ozaltin a big local player a good fit.

[konil] 06/3/2021 12:35

renniks, completely on board with your views as regards aau's future. thing is i want to share in it but there is a slowish step now until the company delivers next stage(s) of development. the share price could be hit due to impatience but a rising pm bull would stop/reverse that.

i am on borderline between being able to hang on and having to divest to stem further losses, nothing to do with aau's prospects just my personal situation. i'd rather be here for the ride. that is why at the moment pog is pretty much my main hope unless something good which helps the share price appears from aau in short order. completion of the tranformative jv and the promise of a huge divi is surprisingly doing little to stem the drip drip drip in the share price rather than being at say 6p (a modest figure given aau's assets/prospects) we are at 4.2p and i am painfully in the red. just a personal issue, not relevant to other holders.

positive punter in discomfort from london!

[renniks2016] 06/3/2021 11:43

Konil,

I think we have a great group of guys in place here, along with a good working relationship with partners, both in Turkey, Cyprus and else where, for a gold/silver producing explorer, which has some of the lowest costs per oz in this sector, I believe that whilst the POG is important, it is not the be-all for this company, I'm invested because I believe that this team will go on to prove them selves time and time again, they have learnt so much about what they have, and also so much about the specific geology that has given them this, and that is what will take the share price to where I think it should be(double digits) Sentiment is obviously important for gathering momentum, but even if the POG drops back to $1400, (and it could do)we still make money, and it will rebound, yes market manipulation is rampant, but it works both ways, and sometimes you have to try and second guess what the crooks are doing, and try the opposite.
We will either see the biggest shake up in financial history, with debt and the dollar disappearing, or we just carry on having to deal with the rouges that are MM's (market manipulators)but what else can we do with our hard earn money? Positive punter from Pewsey!

[johncasey] 06/3/2021 11:03

Dow finished 600pts up..time we had a good week starting monday

[konil] 06/3/2021 10:40

renniks, i like your confidence in the direction of travel. my own, as regards the pm bull, has been dented a little. yes, of course nothing goes in a straight line, so pullbacks are a part of any trend, be it up or down. but the size of this pullback in gold has surprised me and makes me think that those in high places who need to, and do, manipulate pm markets have more power than i realise, if they can do this despite the economic carnage wreaked by the pandemic, and the unprecedented level of qe which in theory makes money worth a lot less and hard assets (pm) worth a lot more - but for now at least they have turned the tide to their will.

i hope as i write this that your words are prescient and the pullback is now done and we see the next leg of the pm bull. this will support the aau sp, regardless of seller(s), and make time for aau to deliver on next steps in its corporate development without more painful down moves in the share price

[renniks2016] 05/3/2021 16:29

Anything for the weekend sir? yes please 200k AAU that will do nicely. what a steal.