Ariana Resources Share Discussion Threads

[shortarm] 17/4/2024 08:13

Old news but worth a reminder:
Completion of the deepest hole drilled into the Ardala Porphyry to date (745.3m),
with significant intercept of:
o 461.8m @ 0.22% Cu + 0.23g/t Au and 155ppm Mo from 283.5 metres.
· New "contact-mineralisation" intercepted on the periphery of the Ardala porphyry,
returning:
o 8.2m @ 1.27% Cu + 0.95g/t Au + 22.4g/t Ag + 0.16% Zn from 46.6 metres.
o Including 0.3m @ 12.92% Cu from 52.9 metres.
· SALH093: 7.2m @ 9.37g/t Au + 19.6g/t Ag - from 86.2 metres
including 1.4m @ 35.02g/t Au + 69.8g/t Ag - from 88.7 metres
· SALH092: 6.5m @ 3.69g/t Au + 4.4g/t Ag - from 108.1 metres
· SALH102: 11.05m @ 1.56g/t Au + 11.8g/t Ag - from 85.35 metres
· SALH099A: 13.2m @ 0.97g/t Au + 12.9g/t Ag - from 115.6 metres
· SALH100: 5.45M @ 2.18g/t Au + 38.0g/t Ag - from 52.95 metres

[tnt99] 17/4/2024 08:05

? ? ? ? here we go boys

[shortarm] 16/4/2024 20:11

Wondered if they were sales or a couple of bed and ISAs?

[thanksamillion] 16/4/2024 19:05

SP did well to hold up considering all the late sales.

Reasons to be cheerful,.....Gold price over $2400 again.

[plasybryn] 16/4/2024 18:15

Absolutely. Strike while the iron is hot. Don't let the momentum peter out.?

[charles clore] 16/4/2024 17:54

Can't see any justification for KS holding back now on news that addresses several relevant key questions. The time is right Kerim so go for it.

[charles clore] 16/4/2024 17:30

So now we have a healthy correction and a nice buying opportunity here

[thanksamillion] 16/4/2024 16:33

Cant have you opening your Christmas present early, its not allowed.

;-)

[shortarm] 16/4/2024 16:32

Ok, I'm ready for that 12p now!:-D

[thanksamillion] 16/4/2024 16:28

Maybe, but chart-wise its a healthy correction.

[shortarm] 16/4/2024 16:21

200k sell at 2.96 knocks the bid to 2.75!?But rude that!

[backmarker] 16/4/2024 14:47

Plenty of upside targets for PoG, so further progress for AAU share price is almost nailed on.But will we need to see a small fall back in PoG - say to 2300-2350 before it races off again?And would that imply a fall in AAU share price as well before it climbs higher?

[charles clore] 16/4/2024 12:04

Someone obviously trying to hold the price down for buyers with that 500k sell

[xow98] 16/4/2024 10:57

AAU's idea of PR

[xow98] 16/4/2024 10:56

Just info in old RNS

[dixi] 16/4/2024 10:56

Isn't that just reiterating what we already know?

[bigglesbingham] 16/4/2024 10:49

Just sent email asking why we are updating on Twitter re dokwe progress rather than rns. I'm not on Twitter

[bigglesbingham] 16/4/2024 09:35

Still feel confident about this space with geopolitical concerns, the movement into commodities and the quality of Ariana operation. We will see whether my optimism is justified. Obviously no one wants war and thoughts go out to those who have and will suffer.

[bigglesbingham] 16/4/2024 09:26

The 2.8 is worst market maker sell and 3.1 is most expensive market maker buy. ADVFN simply look at highest and lowest mm prices. It never has been the true bid offer.

[xow98] 16/4/2024 09:21

First trade of the day (not me), 100k sell.

[shortarm] 16/4/2024 08:49

Totally agree!

[xow98] 16/4/2024 08:47

Market sensitive news always leaks if not RNS'd, giving some investors an advantage over others. It is the reason it needs to be disclosed ASAP.

[soulsauce] 16/4/2024 08:46

Spot on Kirbs, but that is also where good Chairmanship comes in handy as well.

[kirbs4] 16/4/2024 08:38

My issue with Kerim drawing direct correlation between news flow and share price is it isn't as simple as that. News flow at one time will create a different response to news flow at another. To try it and decide because it didn't work it never will is a bit naive. There needs to be a marketing strategy which factors market conditions, sentiment, gold price etc and for me that's partly where YJ should be advising. It certainly shouldn't be down to the CEO to make rash judgment like that alone, not should a good CEO be taking those judgements on their shoulders, it requires specialism in the same way geology does.

[shortarm] 16/4/2024 08:36

Correct- as we all know. Is the first drill hole of 100 holesEncountering 50m at 3g/t price sensitive? I think so but clearly you can wait until the end of whatever you want to call a campaign!Anyway, nuff said on this.