Ariana Resources Share Discussion Threads

[konil] 01/12/2021 14:49

well, the soothsayers predictions about basel3 leading to destruction of price manipulation thus setting gold free to find fair value isnt yet in evidence. wonder if it will come all at once in january, or perhaps not at all?

[cinoib] 01/12/2021 13:58

Gaddy88, that's about right as most gold stocks, but not all are being hammered of late by the thieves in wall St, who don't care to much about any company as long as they get their 10%. A prime example was yesterday around. You can't move the gold price like that unless you are selling short, but like all little boys, they panic when someone in a suit says everything is fine. It's not and they will find out too their cost and will I be crying for them, you must be joking, they get what they deserve and what is coming. Pull you cash and sit back and wait for gold to turn, then you can buy back in and at no doubt lower than you sell for.

[soulsauce] 01/12/2021 13:50

Good to hear you are OK bigglesbingham.

[bonehanmer] 01/12/2021 13:48

A great time to be buying if you look at the one year chart, and fundamentals are stronger than ever

[bigglesbingham] 01/12/2021 13:47

I have! I'm actually on holiday in sunny climbs. News is continuing to be good , there's a seller so picking up at these levels makes sense to me although the low Shareprice imho is not representative of the value hence adding.

[soulsauce] 01/12/2021 13:07

I think he does Gaddy, I just think he is stubborn to continue to do it the way he has always done it which I think is a mistake.
He has never taken any notice of shareholders even when they were screaming at him not to keep raising through the bucket shops.
It's a flaw but one we have to live with or move on which it looks like some are deciding to do.
The Ariana with Attitude was a soundbite and lasted about 3mths. I am afraid it is all very much the same understated words that we have become accustomed to.
I sincerely hope those lucky enough to be in the south and attending today can make their feelings known.

[charles clore] 01/12/2021 13:04

Soul - Biggles is probably buying more.

[shortarm] 01/12/2021 13:03

4.03p was also a buy as far as I can tell.

[charles clore] 01/12/2021 13:00

Just bought 300k at a tad over the bid price

[gaddy88] 01/12/2021 12:59

If this tails off much further I'm throwing the towel in and moving on. Sad times as the story is great but the narrator doesn't know how to tell it to everyone.

[soulsauce] 01/12/2021 12:54

Where's bigglesbingham??

[soulsauce] 01/12/2021 12:50

Johnswan you are exactly right and that is where a broker note comes in but the company just don't get it so how can new investors value the company.
We all know it, so why are they so reticent to issue one?

Jaf correct once again. Yet another thing they are sticking their heads in the sand about.

You're welcome CSSF.

[jaf1948] 01/12/2021 12:44

Certainly in the interviews that I have seen, Kerim comes across as an intelligent man who has a great amount of knowledge in his specialist area. However, he also behaves IMO as if Ariana is his private company which was more or less tolerated in the pre-JV days but is now recognized as a weakness.

What I can do about it is another problem and the answer, I'm afraid, is not much.

[charles clore] 01/12/2021 12:10

We have to hope that Kerim is not stupid. We know he is very good at finding deposits and turning them into low cost long life productive mines. He doesn't try and excite the market with hype but he always delivers eventually. I believe that he is highly intelligent and has the best intentions for the company and its shareholders. He and the bod have large holdings so they are aligned with shareholders. So I think that we have to be patient and wait for our rewards. It's a bit like the elephant gestation period - it may take a while but when it happens it will be another big baby

[johnswan193] 01/12/2021 11:48

Issue seems to be scalability. Exiting bigger projects and continuous investment in smaller projects that are difficult to assign material value to.

[crossfirecssf] 01/12/2021 11:29

Cheers Soulsauce. Was a bit of a rant, but there just seems to have been a lot more silence since the JV. Just a different feel, when not long ago there were short term predictions of 10p, which is where it really should be already. I can’t quite believe we’re dropping below 4p.

[jaf1948] 01/12/2021 11:26

To me, it's very simple why our share price keeps falling. It is all well and good people going on about the financial fundamentals of the company which are indeed excellent for an AIM miner, but there is a weakness in the management structure which is ignored by the company but recognized by many shareholders and, dare I say it, many potential shareholders.

[renniks2016] 01/12/2021 11:21

Jaf today not the issue, last week was, along with the highly publicised demise of the Turkish Lira over the last few months, and that seemed to start the exit, like they say, when there's bloody on the streets its time to buy. ( if you got the cash to that is )

[jaf1948] 01/12/2021 11:08

Ftse is 100 points up today, so no market jitters there.

[renniks2016] 01/12/2021 11:04

Market jitters and the affect it has on a share top heavy with PI's, one or two get out through general fear, then others follow with no particular reason other than following the pack. just wish I had more disposable to load up, but hey ho. like soul says might get cheaper still.

[shortarm] 01/12/2021 10:41

Not having a dig - honest :-)As you say, may get them cheaper as there seems to be plenty of people thinking they have somewhere more exciting for their money.That may be the case short term but AAU has tangible assets and is a producer - soon to be multiple commodity and multiple jurisdiction.

[soulsauce] 01/12/2021 10:37

You might be happy that transaction doesn't go through Shortarm, although I think you might be having a dig at Xow.
Anyway it's down so you might get them cheaper yet :-/

[shortarm] 01/12/2021 10:29

Trying to sell some Palm to top up but the market doesn't want them!

[shortarm] 01/12/2021 10:07

Three and a half months until the next dividend :-D

[soulsauce] 01/12/2021 09:42

That's what it needs Shortarm, proper (discounted) valuations that only a broker note can provide.