Ariana Resources Share Discussion Threads

[plasybryn] 21/3/2019 07:43

Still can't see Crossfire posts . Is it just me? Perhaps he has blocked me.

[crossfirecssf] 21/3/2019 07:18

Gold up $20 in 15 hours. Is this the end of the year long cup and handle? The four year head and shoulders? Nah, probably not, but stranger things have happened.

[bigglesbingham] 20/3/2019 20:02

Sorry was referring to Salinbas . I agree re tarsvan. Ties in nicely to finish debt then start loan on tarsvan with 12 month befor they have to repay it this giving them funding from profit to exploit full potential of Salinbas for sale or JV.

[plasybryn] 20/3/2019 17:32

It will come.

[soulsauce] 20/3/2019 16:52

Nice video. Lots of veins and pits to go at around kiziltepe.

Bigglesbingham the permitting question on Tavsan is answered.
Still get the opinion they are in no rush there.

Salinbas drilling starting in May. Still currently 2000mts.

[goldenshare888] 20/3/2019 16:13

Little shakedown over?

:-)

[theduke420] 20/3/2019 15:05

https://www.proactiveinvestors.co.uk/companies/stocktube/12660/ariana-resources--kerim-sener-details-2019-production-and-exploration-plans-12660.html

[charles clore] 20/3/2019 10:19

Paul - agreed

[paul280i] 20/3/2019 09:47

That's a plan for the indebted central banks, buy physical gold, manipulate he price to ridiculous high price and wipe out all their debts. They've held the price down, now they could do the opposite.

[julianc35] 20/3/2019 09:15

Hopefully this should help!

Under "Basel III" Rules, Gold Becomes Money!
Article from Zero Hedge which may be of interest. Here is a section:
If banks own and possess gold bullion, they can use that asset as equity and thus this will enable them to print more money. It may be no coincidence that as March 29th has been approaching banks around the world have been buying huge amounts of physical gold and taking delivery. For the first time in 50 years, central banks bought over 640 tons of gold bars last year, almost twice as much as in 2017 and the highest level raised since 1971, when President Nixon closed the gold window and forced the world onto a floating rate

And

The only way governments can manage the levels of debt that threaten the financial survival of the Western world is to inflate (debase) their currencies. The ability to count gold as a reserve from which banks can create monetary inflation is not only to allow gold to become a reserve on the balance sheet of banks but to have a much, much higher, gold price to build up equity in line with the massive debt in the system.

[goldenshare888] 20/3/2019 09:04

or they have not sold the cheap shares they acquired yesterday just yet?!

[thanksamillion] 20/3/2019 08:45

If that 500k buy hasn't moved the sp, perhaps there is some selling we arn't yet aware of in the background.

[goldenshare888] 20/3/2019 08:11

Mopping up yesterdays sells will not take long at that rate cat!!

I don't imagine the sale will last long..........

:-)

[catsick] 20/3/2019 08:05

Well I am doing the buyback for them another 500k on the open ...

[jc2706] 20/3/2019 08:04

They have a lot better things to do with their cash currently. I would much rather see their other assets, particularly Salinbas, progressed.

If it was a choice between a buy back and dividends I would go for the latter. I have yet to see a buy back have a material affect on a share price.

[charles clore] 20/3/2019 07:18

Catsick - I imagine that will happen as it cant continue like this, draining every upward move. Its quite ridiculous for a company that is doing everything right and yet valued by the market at next years cash value!

[catsick] 20/3/2019 02:05

Crazy 900k of mainly sell drops it by 5pct, at these prices the company should look at buying some shares back now they have a wad of cash, I guess they still have to create distributable reserves which they should sort out the voting on asap

[swallowsflysouth] 19/3/2019 23:19

Dealing costs would make some of the trades financial unviable surely ?

I have not felt comfortable with the way the trading has been for quite a while, does not strike me as quite natural somehow. ie silly small trades, a decent size buy then the opposite occurs.

[jaynesdad] 19/3/2019 22:27

Yes, you are right as non of them big. Cant see the logic of selling a share with such prospects. None are likely to have made an appreciable capital gain unless very long term holders - don't forget there have been no dividends to make gains less necessary in terms of overall return.

[bigglesbingham] 19/3/2019 16:46

Profit taking small holders.

[jaynesdad] 19/3/2019 16:43

Pretty much nothing but sells all day. Why? Who is selling? I can't fathom it.

[bigglesbingham] 19/3/2019 16:34

Shares traded £17000 : drop in market cap £1million. Mms messing around

[charles clore] 19/3/2019 16:33

Well I have decided to wait and see if the price finds support at 1.6p. I could see my way clear to another 600k at that price, but I think I will have to be quick.

[bigglesbingham] 19/3/2019 16:16

Agree with all those comments and sentiments

[jaynesdad] 19/3/2019 16:03

1candc
The share price doesn't particularly annoy me, though after buying some its a bit galling when it goes down! Its still the same company with the same assets and the same prospects no matter what happens to the share price Low share price would of course be detrimental to current shareholders if there were to be a fundraise, which isn't planned, and I suppose it could prompt a cheeky takeover attempt.