Ariana Resources Share Discussion Threads

[soulsauce] 28/8/2019 18:24

Oh not this again 👎👎👎

[jaynesdad] 28/8/2019 18:21

Soul, improved over the last JV, you mean Proccea? Not a fan? The deal was done before my involvement so I'm not really conversant with what happened or that investors weren't keen on the terms

[2tyke] 28/8/2019 18:17

Jaynesdad

Glad you made profit trading...mebbe it's your core long-term holding that's bothering you ?

jc

Rather than mention the 0.618 Fib, you may as well say the larger bull market remains intact above $260. I don't think gold will fall that low and so I'm not actually arguing counter to what you're stating.
What I am suggesting is that the current bear market in both gold and gold stocks still has a long way to run.
So if you really know the basics of charting,which your posts imply, you'll be aware that if i'm right the gold price is likely to fall substantially below $1040 in the coming years.

[soulsauce] 28/8/2019 18:05

An early JV is music to my ears JD, so long as it is much improved on the last one and should be a nice mover for the share price

[jaynesdad] 28/8/2019 18:01

Yes Soul, before now we have heard vaguely that enquires had been made, interest shown. The way Kerim talked today sounded as if we are now considerably further down the line towards a deal with a third party. People have noted that the share price doesn't really reflect anything for Salinbas, but a JV deal there would surely change that. Add in Tavsan news, Kiziltepe loan paid off and maybe some Kizilcukur updates, within 6 months there we could see a serious revaluation finally.

[soulsauce] 28/8/2019 17:32

Yes dixi it sounds like they are already in discussions with suitors for parts of the salinbas licence.

[dixi] 28/8/2019 17:25

I thought that the update on Proactive today was very good and informative. It does instil some confidence in the company.

[georgethefourth] 28/8/2019 17:01

Swallowsflysouth - 2p is quite a strong support on the chart, and if that breaks it may fall a way more. My guess is 2tyke is a paid deramper and wants that level to fail, triggering selling. His profile is relatively new and 90% of his total posts have been in the last month, many of them on here in the last few days since we hit the 2p level

[jc2706] 28/8/2019 16:53

To be honest, from a technical perspective it would be perfectly reasonable to remain bullish on gold as long as it maintains $880/oz. This is due to the fact that this would represent a 61.8% retracement of the move from the $260 low to the $1900 high. I am not sure that this is particularly helpful in the short-medium term for gold or gold mining bulls though!

I would also point out that gold is at all time highs in many currencies (including the pound and euro) which is counter to a statement suggesting that gold is still in a bear market.

But perhaps the most significant thing to say about TA is that it deals in probabilities rather than absolutes and you need to adjust your view as the data adjusts. I have seen many TA proponents who have come unstuck because they started believing absolutely in their charts. If you look at EW as an example any decent proponent would mention the 'alternates' that they are keeping an eye on.

[swallowsflysouth] 28/8/2019 16:50

2tyke, what is your interest in AAU ? are you long ? are you short ? or do you have some other interest ?

SFS

[jaynesdad] 28/8/2019 16:37

No 2tyke, I made over 700 quid trading this share. And not with your help. I've had worse days

[dixi] 28/8/2019 16:12

Que será, será, yawn. Heard it once, heard it a hundred times. It's an individuals call to make.

[2tyke] 28/8/2019 16:12

Jaynesdad

R U having a bad day ?

Chill..the share price is up.
What you don't believe can't hurt you....can it ?

[jaynesdad] 28/8/2019 16:05

2tyke. An effective contrarian will make his/her point once, and by making his/her point once and once only will have far more impact than banging on and on like a stuck record

[2tyke] 28/8/2019 16:01

jaynesdad

No they aren't....exactly what i'd expect at this juncture.
As is trying to stop the contrarian voice posting on a free bb.

Think about it !

[jaynesdad] 28/8/2019 15:54

2tyke. STFU no ones interested

[jaynesdad] 28/8/2019 15:52

Worth a listen, explains a bit more about one off costs incurred yearly in Q2. Sounds like we have a little while longer than expected to wait for Tavsan update (later in the year)but more positively that there may be some new discoveries at AS/ AN and Deyra. He sounded a bit knackered to me, which probably explains why he says Q3 update in September and financials in October - I think that should be October & November!

[2tyke] 28/8/2019 15:46

I mentioned yesterday that AAU was due a re-trace back towards 2.2 before continuing the downtrend.

Today has reached 2.15 so there is likely to be a bit more rise to come over the next week or so.
Low volume is typical of counter-trend bounces. Volume should increase once the main trend is re-joined.

[jaynesdad] 28/8/2019 15:35

proactive interview accessible through Twitter

[swallowsflysouth] 28/8/2019 15:01

I'm assuming there is something going on in the background and we will be updated in due course.

[swallowsflysouth] 28/8/2019 15:01

I'm assuming there is something going on in the background and we will be updated in due course.

[bigglesbingham] 28/8/2019 13:39

More the mood behind comments but we've all been cheesed off at the promotion side.

[soulsauce] 28/8/2019 13:39

I don't disagree JC, just a shame it is not been reflected in the Sp.

Like I have said if the share price is going to rise, in the absence of instutions, then the company has to attract PIs.

Writing successive Rns that lack optimism isn't going to do that.

[jc2706] 28/8/2019 13:32

Perhaps it is the rather desultory tone of a number of your posts soulsauce. I actually think that there are a number of things to be pretty positive about currently.