Ariana Resources Share Discussion Threads

[jaynesdad] 13/10/2019 11:39

I wasn't aware that the board have expressed an opinion on the Political situation in the last few days. What longs have sold out other than Soul? Any thoughts from other board members?

[the_debt_collector] 13/10/2019 11:26

I see the political situation in Turkey continues to worsen, what will happen to the investment climate if there are financial sanctions imposed by the EU.

I see a few longs have already sold out of Ariana - no surprise at all

This is not a safe investment now despite the BOD suggesting otherwise, they would wouldn't they.

It's heading back to 1p folks.

Sell.

[jaynesdad] 13/10/2019 10:36

All seems subdued here. Any predictions for the coming week?

[8rad] 11/10/2019 21:53

Soul ..Soul!

[rjwoodrjwood] 11/10/2019 18:27

The move below 2p to buy was just irresistible for me today......

[jaynesdad] 11/10/2019 18:01

Charles, well its not me - I have been buying into dips and now seem to have increased my holding of shares by 50% over the last few months. It has to stop and probably put into reverse!

[charles clore] 11/10/2019 17:55

JD - completely understand. We must do whatever makes us feel comfortable. All I would say is thank goodness for the buyer at around 2p hoovering them up!

[jaynesdad] 11/10/2019 17:51

Hi Charles, I'm certainly not exiting, just thinking of shedding a few, maybe up to a third. I have got enough invested here to really hurt if some political situation arose which destroyed value. I don't think that is at all likely, this isn't sub-Saharan Africa where regimes have been known to seize assets, but the current situation does feel uncomfortable. I do have very good confidence in the mid term provided the political situation regains stability.

[charles clore] 11/10/2019 15:12

gs - I take it you no longer hold. Not difficult to detect your change in sentiment lol

[goldenshare888] 11/10/2019 14:57

Yes, it may well be wise to prune/pluck this bird before it gets cooked!

:-/

[jaynesdad] 11/10/2019 14:11

Unexpected significant strengthening of the share price Of course we all know how very few deals can move our share price The B/O remains high at 1.99/2.075 for 250k as of a couple of minutes ago. The situation in Turkey has dropped off the BBC headlines, I hope for all concerned in the conflict that the action there is nearing its end and Erdogan will be satisfied if he achieves a relatively modest buffer region as stated. Whether we like it or not we, as investors, will have to await announcements from the US. I admit the plunge yesterday did scare me a bit, if a situation there seriously affected AAU I would be a bit screwed. In light of this I may consider the wisdom of a pruning in months to come. GLA

[crossfirecssf] 11/10/2019 13:51

Thanks JaynesDad,...same page.

The guy clearly has problems, and is either a sociapath, or on the spectrum at the very least, or simply a moron. How 'tweets' such as that posted a day or two ago, probably from the toilet seat whilst coking up, are allowed to see the light of day un-vetted is beyond me. The man needs to be removed as a matter of some urgency.

[jaynesdad] 11/10/2019 11:59

Good posts CFC, totally agree with you on POG, the amount mined this quarter will be interesting. As I have expressed before,my opinion is that the amount of gold produced will be lower than some hope if the BOD 'select' available grades at the mill to 'smooth' the transition to output from AS to the lower expected grades of the AN & Derya pits. If the production is up, on a par with say 2018 Q3, that may suggest that they are more confident of future grades than I think. Believe me I will be more than happy to have my suspicions proved groundless! share price seems to be holding better than may have been expected today. There is hope that we will see Trump the peacemaker, the mediator, rather than brandishing the economic sanction stick.

[crossfirecssf] 11/10/2019 10:48

They've been mining at $1400 for the whole of July and $1500 for the entirety of August and September, so very roughly $1466 for the quarter, which is a significant increase in sales, albeit grades and oz may be down slightly. We need to keep those up and not tread water. Organic growth please!

[crossfirecssf] 11/10/2019 10:44

That's a pretty severe wedge forming. I'd expect/hope, a break out (up please) to the 2.6-2.8 area over the next two-three months. I'd argue the upward trendline is still (just about) intact. And the figures aren't going to lie at $1500 au.

[jc2706] 11/10/2019 10:17

Sometimes I feel that way mcmather but I was actually referring to any of goldenshare888's posts.

[bigglesbingham] 11/10/2019 09:49

As many buys as sells yesterday and no movement these mms are so frustrating

[mcmather] 11/10/2019 08:27

With life?

[jc2706] 11/10/2019 08:11

What is the point?

[goldenshare888] 11/10/2019 07:59

Chart of this BIRDS flightpath looks like it was shot and clipped at 2.4p and has been heading south since!

SQUAWK! :-/

[8rad] 10/10/2019 23:09

Soul...where is Donalds?

[soulsauce] 10/10/2019 17:35

Agree Charles apologies I will remove my original post.

Don't want to be responsible for starting another political spat like we saw yesterday.