Ariana Resources Share Discussion Threads

[2tyke] 15/10/2019 10:51

Backmarker

As I told you last time I commented...your technical view is nonsensical. Don't bother re-calculating as you're not even in the park.
AAU is doing exactly as the chart suggested it would...weeks before any turkey disputes.
CEY soared all the way through the egyptian crisis. It actually fell whilst gold was soaring.
I'd forget the hindsight findamental hogwash.
Bottom line....gold is in a bear market...and so are gold stocks.

[plasybryn] 15/10/2019 10:33

This is the full article - VW showing confidence in Turkey.
hxxps://www.european-views.com/2019/09/rewarding-erdogan-forgoing-the-eu-the-moral-from-volkswagens-new-factory-in-turkey/

[shortarm] 15/10/2019 09:36

Dude, it's already the bargain of the decade!Soooo much profit per ounce! Unmatched, especially as costs drop further!!!

[supercity] 15/10/2019 09:26

Holding off on my 1.8p buy target that has hit today.I would expect it to hold here but can't help but feel there could be a sudden dip back to the 1.2-1.4 level with Turkey effectively now being at war...12 month chart seems to be panning out that way.Could be a big bargain at those levels assuming Turkey resolve their problems, markets are merciless in these situations

[catsick] 15/10/2019 09:16

Buying a sliver more here ....

[charles clore] 15/10/2019 09:13

Cinoib AAU gold mined in Turkey can be sold anywhere in the world but Turkey has first choice. I don't see anything Trump can do to affect that so I will be adding on weakness like in the past couple of days. You are either plain stupid or scaremongering so (for now) I am filtering you.

[dixi] 15/10/2019 09:11

Why has this become so personal?

[cinoib] 15/10/2019 09:09

That your 1/2 mill buy you wanted, fool and the price went down even further. You'll never learn.

[cinoib] 15/10/2019 09:07

Charles, wake up man and smell the roses as you are sleep walking into poverty. No one is bashing AAU but where it is doing business and as anyone with a smidgen of brain will tell you, You don't do business in unstable countries as very few will invest in you and the drop in price,,, again,,, today should be getting through to that tiny brain of yours. Take your money and go elsewhere before you loose it all, you can always come back when the air has cleared.

[mcmather] 15/10/2019 07:54

No; the baseline study is for 12 months itself.

[loafofbread] 15/10/2019 07:51

Production Q2 2020?

[dixi] 15/10/2019 07:42

Aye, business as usual.

[soulsauce] 15/10/2019 07:29

Good news folks. Good luck all.

[plasybryn] 14/10/2019 22:03

Found this on twitter- AllianceBE Confidence in Turkey-You won't have seen this in the news but the car makers are abandoning the #EU in droves.Volkswagen has just rejected the EU to open its new £1 billion factory in Turkey with 5000 new jobs and 10,000s in the supply chain. And it blamed EU rules.

[backmarker] 14/10/2019 17:32

hmmm, I'll have to recalculate those Elliott waves.

I do think that the Turkey-Kurds conflict has weighed on sentiment here. It introduces uncertainty which is always a downer.

I remember Centamin weakened when there were troubles in Egypt a while back. At the end of the day the troubles subsided and Centamin, which I believe had just carried on mining through it all, was re-rated.

I suspect a similar result will happen with AAU.

whether things will normalise quickly enough for 3p by Xmas we must wait and see.

however I think that as we get closer to final debt repayment next April that will provide the support needed to get past 3p.

[win2003] 14/10/2019 17:00

Could well do so, do we see a lift in AAU price when sentiment in Turkey is positive over the last twelve months? Might just about imagine one with a bit of effort. The very recent pattern of IDTK and the AAU trace look quite interesting but what do you think?


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[charles clore] 14/10/2019 16:50

win - I think you'll find that ETF tracks the Turkish stock market.

[win2003] 14/10/2019 16:39

Think I'd expect the ETF to comprise a selected group, with the expectation of being a good (resilient?) investment - the details will be on the iShares website.

For what it's worth, I think the reversal of Ariana's share price is more due (but not entirely) to the pause in the march of the gold bull, very similar graphs can be found throughout the gold mining companies, and the Goldminers ETFS like GDX and GDXJ.


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[charles clore] 14/10/2019 16:00

win2003 - what are you trying to compare here, the entire Turkish stock market vs AAU?

[win2003] 14/10/2019 15:17

IDTK is the epic for a Turkey ETF which might give some insights into the volatility and so on of Turkish share market. A comparison of its chart over the last 12 months and AAU's might be interesting.


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[thanksamillion] 14/10/2019 14:56

Chill, the numbers will win in the end.

[plasybryn] 14/10/2019 14:04

Does anyone know of any other listed Turkish share and how they are affected?

[1candc] 14/10/2019 14:00

Shock! Horror! CC using the W word!