Ariana Resources Share Discussion Threads

[backmarker] 11/9/2019 12:04

tyke,

if we are in a gold bear market, then how will we know when it has bottomed out and a new bull market has begun

[theduke420] 11/9/2019 12:02

Aren't we due an update shortly on trial mining Kizilcukur ore and a deal with Proccea? Sold into jv for 3 x exploration cost?

[theduke420] 11/9/2019 11:54

Bring it on.. $1500 /oz profit ill take it!

[soulsauce] 11/9/2019 11:44

So you are not going to tell us what you are invested in then 2tyke. How can anyone take you seriously.

[2tyke] 11/9/2019 11:39

Xow
Yes that's what citigroup should be saying about the gold price....if my view is likely to be correct.
JC
Gold in a bear market certainly doesn't mean all gold stocks will follow. Again you either mis-understand or are being mischievous.
Charles et al
Your usual tolerance is wavering.
Ask yourself...why now ?

[xow98] 11/9/2019 11:08

Credit Bloomberg for above.

[jc2706] 11/9/2019 11:07

It doesn't matter CC. Gold is in a bear market as it hasn't broken into record territory so all gold companies will go down.

[xow98] 11/9/2019 11:06

Just to feed the beast.

Citigroup:

“We expect spot gold prices to trade stronger for longer, possibly breaching $2,000 an ounce and posting new cyclical highs at some point in the next year or two,” analysts including Aakash Doshi said in a note received Sept. 10. That would exceed the record of $1,921.17 set in 2011.

[charles clore] 11/9/2019 11:05

If he were to do some serious research into AAU I would take him more seriously. But has anyone noticed - he has not put forward one single worthwhile comment or piece of meaningful research about the company whose thread to which he is parasitically attached? I am becoming somewhat bored by it. Filter isn't far away now!

[jaynesdad] 11/9/2019 10:22

Please stop feeding the animal

[soulsauce] 11/9/2019 09:10

Lol CC.

Yes I am getting close to it Shortarm, just curious, with all his machinations, what he is invested in if anything at all.

[shortarm] 11/9/2019 09:05

Soul - he's above questions :-)Just filter the fwit :-)

[charles clore] 11/9/2019 09:02

Probably sitting on cash waiting for PMs to turn bullish!

[soulsauce] 11/9/2019 08:50

May be we should ask what 2tyke what he is invested in and why?

[2tyke] 11/9/2019 08:23

dixi
There are many metrics you can apply to sp's in order to try and select them. The trouble is none of them are useful in determining where the stock is in its overall path or trajectory.
JC
Sentiment determines how the price of an asset moves over ALL time frames.
As you can see, most of you are looking at the past 4 years 'bounce' in gold and projecting further out. I'm fitting it into a much bigger picture or time frame. Hardly short-term or near sighted.
It doesn't matter whether we are talking ariana resources or apple.....sentiment drives the price and the turning points can be assessed with a certain degree of accuracy.

[jbravo2] 11/9/2019 08:13

This is what I was trying to get to with my conveniently ignored questions.
If something only offers value when a new bull market has been formed and that only happens when new all time highs have been reached one will have missed much of the value.
By his reckoning AAZ would only have been worth investing in very recently, and he'd have missed a multi bag.
Of course he did miss it whilst us fools took advantage of obvious metrics showing how much cash was going to be thrown off and anticipated the share price rise.

[jc2706] 11/9/2019 08:11

To be fair to him I think his argument is that price movements are driven by sentiment. I believe that this is true but those who suggest that sentiment is divorced from information are wide of the mark. Part of that information is, of course, share price movement itself (we have all seen everyone get more and more bullish and buy in on a rise and do the reverse on a fall which is exactly the wrong thing to do in many situations) but there are many other factors both within and without a company that influence sentiment. I tend to think that sentiment drives the short time frame whilst fundamentals drive the long.

I suspect that he is relatively new to the game and is displaying his shiny new knowledge.

[bigglesbingham] 11/9/2019 08:04

Risk averse and totally cynical. To imply fundamentals of s company have no impact on performance well beggars believe. Suppose apple is worth what it is because it's got a perceived trendy name ffs.

[jc2706] 11/9/2019 07:39

I think his definition of a bull market is interesting. It shows that he is completely risk averse. As such, I am surprised that he is even aware of AIM let alone a small gold miner.

[bigglesbingham] 10/9/2019 23:39

Don't take him on it's ridiculous .

[dixi] 10/9/2019 23:01

There has to be some 'metric' to allow an investor to gauge whether a share price offers potential or not. Otherwise it would be even more ludicrous a game to join.

[2tyke] 10/9/2019 19:23

Charles

I agree with what you say about a company and excess cash. But I was talking about a share price
As regards the product growing in value. My view is strongly that the product in this case is actually 'falling' in value. We'll see who is right about this over the coming few years.
Dixi:
You completely mis-understand what i'm saying regarding the phrase 'man-made metric.'
SP's follow natural human waves of sentiment, which move from maximum optimism to maximum pessimism and back again. They don't follow contrived brokers p/e metrics which are used largely to try and justify their recommendations.