Ariana Resources Share Discussion Threads

[jaynesdad] 15/3/2019 15:54

Peeps
Glad to hear the enthusiasm here but think some should keep their imagination in check for their own sakes. Talk of 20p, even 50p at this stage is imho fantasy. Also the comparisons % between MML and AAU are at this stage irrelevant. So MML only had 30% in Hot Maden while AAU has 100% of Salinbas, what does that show until facts are known? Suppose Salinbas is only 25% of the size of Hot Maden, then MMLs 30% is worth more than AAUs 100%. We don't necessarily have a Hot Maden here and the board have never claimed to have.
I am an enthusiastic long term holder here, and have many shares though significantly less than the major holders here. But I do think it best not to view the share through one-way rose tinted specs.

[charles clore] 15/3/2019 15:03

The price is approaching my 'buy zone'.

[bigglesbingham] 15/3/2019 12:13

Excellent article further reduces risk.

[carcosa] 15/3/2019 10:01

This article was pointed to in a AAU tweet today, some my find it reassuring:

[jc2706] 15/3/2019 09:29

Former = firmer. I love these autocorrects. Not.

[jc2706] 15/3/2019 09:28

Yes I am, although not as great a position as I was hoping for. I bought at around 1.4p with the intention of gradually putting more in over time but I got involved with something else. By the time I came back to it the share price was already rising substantially and I don't tend to chase prices higher.

Whilst the producing operation is a bit on the small side, I tend to view this more as an explorer that doesn't need to keep coming to the market for funds. So, in the event of former gold prices we have a very promising set of price drivers - profits from production, valuation of gold in the ground and exploration upside at Salinbas. If we are fortunate (and we don't need to be) and hit something significant at Salinbas then the upside would be very considerable indeed (considering that AAU's ownership of Salinbas is much greater than MARL's was of Hot Maden).

[swallowsflysouth] 15/3/2019 08:39

Daisan, it is so good to see you here. Are you invested here ?

[swallowsflysouth] 15/3/2019 08:38

I do see this as a multi-bagger, very unlikely this year. It will take time. None of us know the true potential here or if/when it will be unlock. If that was known then this would already be a multi-bagger. If we did'nt believe the potential was here then we would'nt be here. For me it is a well run company with a highly profitable small mine and excellent looking prospects that it now appears they will be able to self-fund. At this stage in game what more can one ask for ?

[crossfirecssf] 15/3/2019 07:37

I agree with Plasybryn that talk of 3-4p within 2 years is underestimation on a grand scale. Gold imo will by then be approaching it’s all time high, debt will be gone, cash will be flying from the mine, Salinbas will produce anywhere between good to stunning results, Tavsan will have production in excess of 50k oz au, there may be a dividend, shares will have been bought back, etc.

Obviously this merely represents my opinion, but as I’ve said before, if this doesn’t at least pass 20p I’ll be disappointed... has 50p+ potential. Call me mad if you wish, but that’s my opinion.

[letmepass] 14/3/2019 23:33

Been at sub forever. Expect to be here at least until December

[charles clore] 14/3/2019 23:29

My cup overfloweth!

[madmas] 14/3/2019 22:18

Concur with your view, we have potential multi bagger upside, we just need to stick by our guns!

[charles clore] 14/3/2019 21:55

I wouldn't mind a celebratory meet up at kiziltepe when we hit 10p. Then another at 20, 30, 40 and 50!

[bigglesbingham] 14/3/2019 21:09

Well fingers crossed but the board certainly expect excellent results

[soulsauce] 14/3/2019 21:02

As ever the chances of that type of bagger opportunity here lie squarely with the outcomes of salinbas drilling.

Not beyond the realms of possibility.

[desertjoe] 14/3/2019 20:23

Last summer I opined that our share price would not increase rapidly and would not reach 2p by Christmas. At that time it was thought that it would go much higher. I followed up with a forecast that it would reach 2p by this coming Easter and might get up to 3p by early 2020. This apparently conflicts with an alternative current opinion that the share price is imminently going to a 20 bagger. I would much appreciate being the holder of a twenty bagger investment. It would certainly change my lifestyle from "coach" to "business economy" , as it were.

[swallowsflysouth] 14/3/2019 20:12

jc2706, Norsegold was interesting, fortunately i saw the light, Daisan was brilliant. What was your nickname then ?

Plas, I really liked Geoff, he answered my questions very honestly, sadily i made the classic error of falling in love with MML hence my error in not removing all my holding instead of the majority of it. My problem here in AAU is that i feel i have fallen in love again ! I have 'liked' this company for many years and have kept a eye on it. I had a small holding here years ago but felt it was to early stage for me and exited. Given their high profit margin i think a rise in pog is incidental to this company. It will how ever attract investors from outside of the au investing community in particular because it has a highly profitable but small mining operation. If they can up the production significantly that will i think attract a lot attention. They also need to update their website, make it a bit more user friendly.
'.
Desertjoe, i use to post on iii as well as here, but currently only post here. I have another name 'geeseflynorth' purely because i had mega issues with security on i think my computer which would not let me use 'swallowsflysouth' once i had resolved issues i went back to 'swallowsflysouth. I haven't posted on iii since they changed the format of how their board works.

[desertjoe] 14/3/2019 19:45

I tend to spend more time on the LSE Discussion Board than here but from time to time there are mentions over there to comments made on this board. I am aware that folk post on both but often use differing "handles" (I stay the same as desertjoe). However I think it might be better, if we heard from "swallows", "JaynesDad" and "BigglesB" personally rather than having someone else refer to them. For instance, right now we have a sub-heading "My post talking to swallow on ADVFN" Purely imho, of course and no aggravation intended - I'm sure many other LSE contributors would appreciate some visits.

[plasybryn] 14/3/2019 18:55

A 20 bagger is serious money. You don't need many of those in a lifetime of investing. But those days were probably at least 10 years ago. I have similar great multi bag runs with none commodity stocks like SUS, TEP and BUR all of which have long lost the big gains. But you can see how Ariana has it in its DNA to be a multi bagger. I've great hope for the Hot Gold Corridor and look forward to getting the Phase One results around May/June. You have to be in to win as they say!

[dicinrugby] 14/3/2019 17:57

good post plasy ,Ariana resources days are coming and there where far to many truths in your post for your own safety. be careful what you say i know from experience

[plasybryn] 14/3/2019 15:56

Thats interesting Swallow. Well done with the 20 bagger. I only managed 10 times I think. In those days John Meyer of share price Angel used to invite me to working lunches in Berkeley Sq. with Geoff & Ray. I always recall Ray telling me he thought the share was fair value. That was his way of hinting it was "toppish" I think and from around about that time it started its fall to oblivion.
I think we are probably at that exciting bottom that we enjoyed with MML & Mariana again with AAU. I also believe we are near to transformational news; well probably over the next 12 months anyway, and the start of the next bull cycle in gold and gold mining stocks. As Malcolm Pallee of Coinsillium and Mining Maven says, the moment Ariana really starts to go will be when gold rises in value. I think he is probably right. History proves it. Once the cycle really gains momentum and mining stocks become flavour of the month, the upward movement will be fast and progressive. I genuinely think we are going to align our transformational news with this change in sentiment and the uplift in gold. A win win. A double whammy. I believe we will see the FED struggle to control things state side with the likelihood of more QE. The US$ will come under pressure over the next year or so leading to a corresponding change in pricing for gold & silver. I see gold at $1700 within 12/18 months. I think the future for the Euro, as explained by economist Armstrong, is probably much worse and it really worries me that Great Britain is going to end up helping to rescue them as we align ourselves closer with their failed economic system. A stock market correction at some point looks inevitable to me.
But back to Ariana, I very optimistic we will enjoy a re-run of MML & MARL. Those who talk of 3p or 4p are way off the mark imo. Those of us who have experienced these sorts of stocks in a real bull market know that the end game can be hard to fathom or credit at this point in the cycle. Good luck again swallow & other old "baggers", if I may call you that!

[jc2706] 14/3/2019 15:50

I thought that I recalled the handle swallowsflysouth. I remember you from Norseman Gold days. I posted under a different name mainly on III at the time.

[swallowsflysouth] 14/3/2019 08:35

Plas, yes was in MML, fortunately for me it was almost a 20 bagger, it was fortunate because i left some in which is now less than where it started. In Cey in early days and Marl but got out of Marl to soon. Norse gold made a tidy profit. Not sure if i met you at one their meetings, met Dic at one of them.

8rad they were heady days, it seemed much easier to make money !

[dicinrugby] 14/3/2019 07:43

hi plasy swallow flys south was a regulare poster on cey