Ariana Resources Share Discussion Threads

[charles clore] 05/8/2019 08:21

All PM stocks will eventually benefit from rising PM prices but some will rise faster than others. We have chosen a well run company with an exceptional profit margin and reliable but fairly low production. The rewards will come from Salinbas but for that we have to be patient and buy the dips.

[drh3] 05/8/2019 08:20

Guess we will have to wait then and keep adding when the opportunity allows

[bigglesbingham] 05/8/2019 08:12

No one buying , mms hit this on very low volume equally it goes up on low buying volume. We need buyers , rns updates and new broker

[highly geared] 05/8/2019 08:11

Price action bizarre... gold at $1456

[drh3] 05/8/2019 08:07

Why is this going down while Gold goes up??

[soulsauce] 02/8/2019 23:06

Spot on bigglesbingham.

[charles clore] 02/8/2019 21:39

Pathetic yes and a bit worrying when you realise the effort the company has put into attracting institutional interest, all to no avail. However I am sure the company is capable of rising on its own merits and it will, albeit in a slightly longer timescale than the broker promotion route.

[8rad] 02/8/2019 20:35

Is it not pathetic when PIs have to speculate on market cap valuation when we pay so called professionals to undermine our valuation on grounds of indifference.

[bigglesbingham] 02/8/2019 18:51

With regards to my comments on the broker I believe in results and to be frank they haven't achieved any ! The story is good as we know therefore they don't have the ability or inclination to market the company. My gut is the latter as I believe the guy who writes the research is award winning. They do enough to get their base fee. We are too small for them to push. There have be muting if an institution coming on board but to date nothing. When I went to visit the mine I believe the broker was invited if they go some interest they got none. They have gone to institutions with the board I believe but again no interest. My point is that it isn't and hasn't changed and enough is enough if they can't sell this story then I'd give up. As to market cap I'd put it at around £40m when the debt paid of and this doesn't take into account salinbas , tarsvan or other assets in the ground. At current price of gold the £40 m ie 4p a share is similar to panmure gordonn

[charles clore] 02/8/2019 16:15

Cin - your trading is better than your spelling. Unless 'possertive' is a word I haven't heard before!

[cinoib] 02/8/2019 16:09

Well I swapped some other stock and bought more gold stock SRB to be correct and has gone up 3p since purchase so at least some r following pog up which has just gone possertive again at $1445. woops make that $1447 now.

[drh3] 02/8/2019 12:09

For every $1 increase in gold the JV gets $25k or $12.5k for AAU p/annum... it adds up quick

[jc2706] 02/8/2019 12:01

Sorry, Shanta was up slightly. I should add POG is down slightly.

I suspect HUM is only up because it had a decent update this morning. AAZ, CEY, HGM tend to be the strongest currently because they have been delivering with little in the way of geopolitical or other risk.

[jc2706] 02/8/2019 11:59

When I last looked: SHG, CGH, ALTN, CNG all flat, all in production.

[cinoib] 02/8/2019 11:35

Jc2706, don't know where you are looking AAZ +3.6% CEY +3%, HUM +1.2%, PAF +3.2%, SRB +3% AAU 0.0 AND SGZ, FLAT But not yet in production.

[soulsauce] 02/8/2019 11:16

I meant to the share price currently.

[jc2706] 02/8/2019 11:06

The gold price always matters.

[plasybryn] 02/8/2019 10:53

Twitter this morning- RC drilling at Arzu North, Kiziltepe Mine well underway - great progress by team!

[soulsauce] 02/8/2019 10:31

The gold price matters little at the moment. The volume and thus interest has totally gone out of this again and until that changes we ain't going nowhere, to paraphrase the great Junior Walker.

Hopefully we will get some good news that will get the penny punter rags to change their stance to buy to 2.5p and may be excite the PIs that follow them for 5 minutes.

[jc2706] 02/8/2019 09:43

Not sure about that. The larger/more established ones are, the smaller ones aren't.

[cinoib] 02/8/2019 08:34

CC it hasn't moved when I wasn't here so am sure even with pog going to new highs, me selling isn't going to make any difference. All gold miners on my screen are up today on pog accept, you know who.

[charles clore] 02/8/2019 08:31

Biggles, shuu - if you were AAU's broker what would you do differently and what would your valuation of the company be?

[gymratt] 02/8/2019 08:22

..and only a couple of weeks away from the quaterlies. ;@)

[gymratt] 02/8/2019 08:13

Chart still looking intact IMV.