Ariana Resources Share Discussion Threads

[swallowsflysouth] 05/6/2019 17:52

precisely Biggles, precisely.

[bigglesbingham] 05/6/2019 17:38

An exploration update would be nice tomorrow to keep momentum moving forward !

[crossfirecssf] 05/6/2019 16:58

Gold looks to be about a third of the way through this next leg up. The gain should be worth approx $150-$160 if the pattern plays out as it's painted, which, from a start at $1285 brings us to around the $1440 area over the coming months. GLTA and bring on Hot Maden Pt. Deux while we wait...

[bigglesbingham] 05/6/2019 16:10

Nicely waited

[charles clore] 05/6/2019 16:00

300k for me

[bigglesbingham] 05/6/2019 15:42

Nice 500 buy at 2.1

[bigglesbingham] 05/6/2019 15:23

Hope your right but let's crawl before we walk before we run

[temujiin] 05/6/2019 14:33

I'll be happy today to consolidate at the 2p level. Some sellers hedging at 2p but there are buyers like myself and CC awaiting for a pull back if that does happen.

[crossfirecssf] 05/6/2019 14:29

It's now just a matter of how long resistance at $1350 can hold before the climb to $1440+. :o)

If I had a truck I'd be backing it up. :o(

[goldenshare888] 05/6/2019 14:27

I agree, possibly 2 or 3?!

20p may be very conservative here if GOLD breaks $1900 and AAU JV producing 50,000+ OZ + SALINBAS lottery ticket, which could be worth what - $500m - $1 Billion+ ?

25 - 50 bagger anyone?!

50p -100p a share?

Seen it all before and it's going to happen again I reckon in PM space - but bigger this time....!

:-))))

[crossfirecssf] 05/6/2019 14:14

That's realistic indeed CC, but by the time all of this govt and central bank madness finally reaches it's gruesome conclusion, I believe you'll be able to buy more than one.

[charles clore] 05/6/2019 14:02

Boy oh boy this is beginning to feel like the start of a bare knuckle ride. Like Temujiin my first thought would be to have more but I have to stop myself from being too greedy. After all, given a 10-bagger from here (just 20p) my holding would buy a 4 bedroom house on the south coast so that puts things into perspective. Happy with that, realistic too imho.

[temujiin] 05/6/2019 13:55

Could compromise and buy half, but think I'll wait a pull back, or be happy with the ride up. I did foolishly sell 200k at 1.4 and made £300 quid in RKH..... but missed out on the £1200 rise if I'd left it here and done nothing! I've decided to sit on the remaining 3m for a few years to let this play out.

[goldenshare888] 05/6/2019 13:52

Not to mention GOLD taking off in style.

Target $1500 area first and then $1900+ I reckon!!

:-))

[bigglesbingham] 05/6/2019 13:33

Always a compromise ie buy half that number ie 150k. Debt reducing, tarsvan, kizilchuk not to mention other drilling prospects should take this up to 3p when hopefully institution will take note and PH might start going their job and get results.

[temujiin] 05/6/2019 13:27

I'm in two minds here. To some extent I wouldn't mind this retracing a bit as I would like to take 300,000 more and can see a steady rise as debt gets paid off and drill results come in.

On the other hand this is easily my biggest holding and every purchase is now in profit at 2p, so would love it to take off. So both disappointed and happy whichever way it goes.

[crossfirecssf] 05/6/2019 13:27

Whoosh...$1343. Is this even going to pause at $1350?

[bigglesbingham] 05/6/2019 13:08

I get that ,

[jc2706] 05/6/2019 12:59

Just personal preference. If I want exposure to different commodities then I prefer to choose the project myself.

[bigglesbingham] 05/6/2019 12:51

They made $3.5m on last venture into lithium!! As long as their investment is not too great which I'm sure it won't be , then comfortable that volatility will not be affected. There are talking investment into companies not setting up mining operations.

[shortarm] 05/6/2019 12:49

Kerim's last venture was more than a hundred bagger!I'm sure someone here knows the numbers!

[jc2706] 05/6/2019 12:44

Personally, I would prefer that they stuck to gold. I tend to choose my miners according to the commodity. A multi-commodity miner tends to be somewhat less volatile but that is exactly the exposure I am looking for.

[soulsauce] 05/6/2019 12:32

Indeed bigglesbingham and now we have a 'Special Projects Division' 😉

[crossfirecssf] 05/6/2019 12:12

$1338. No worries here. Happy and holding. :o)

[bigglesbingham] 05/6/2019 11:47

I agree this was a big hint towards investment into alternative metals