Ariana Resources Share Discussion Threads

[swallowsflysouth] 02/12/2019 16:05

Thanksamillion, thank you, things there i am going to follow up, I missed that information

[thanksamillion] 02/12/2019 15:27

see posts 17831 & 17863 for posts from Plas and Ash re Venus.

[swallowsflysouth] 02/12/2019 14:03

If you look at the date on this article it explains quite a lot to my mind -

hxxp://www.goldnews.com.cy/en/companies/venus-minerals-boosts-cyprus%E2%80%99-mining-industry


Just about all i could find on this company i guess it has been in hibernation.

[thanksamillion] 02/12/2019 11:02

Judging by the small scale buying the price recovery suggests a large "late" trade awaiting reporting, Biggles mopping up again?

Edit.

...and or the Board members.

[shortarm] 02/12/2019 09:30

Yup, half of that for three million is the bargain of the year!

[soulsauce] 02/12/2019 09:26

Quote:Venus Minerals and its investors have been active in Cyprus for more than 20 years, during which they have managed to build a comprehensive geoscience database across the island, representing more than €100m of activity at today’s prices.

[soulsauce] 02/12/2019 09:24

Building on the island’s long and flourishing copper-mining history, Venus Minerals, a leading Cyprus-based exploration company, aims to develop the country’s mineral and mining industry potential. With a newly expanded management team, comprised of highly competent and experienced professionals with international and in-country track records of discovery and development, the company is now advancing its copper and gold resources as well as exploration projects, opening up new prospects for the sector.

More specifically, these projects are led on the ground by a highly qualified Cypriot VMS (Volcanogenic massive sulfide) expert. The company, whose headquarters are located in Nicosia, applies state-of-the-art exploration, mining and mineral processing methods, engineered to minimise impact and maximise efficiency. It is worth noting that many of these new innovative technologies are applied in Cyprus for the first time.

Venus Minerals and its investors have been active in Cyprus for more than 20 years, during which they have managed to build a comprehensive geoscience database across the island, representing more than €100m of activity at today’s prices. This has enabled the company, which also has exploration offices in Mitsero, to secure tenure over prime mining and exploration licenses in the most prospective areas in the country.

Commenting on the opportunities and potentials Cyprus has to offer, Venus Minerals Managing Director, Peter van der Borgh, stated that “Cyprus, with its rich copper-mining history dating back nearly 4,000 years, plays an important role in today’s technological revolution”. Although exploration and mining were limited following the events of 1974, significant technological advances in exploration, mining, environmental, and social management have occurred ever since, Mr. van der Borgh explained and underlined that “Venus Minerals is applying these new technologies in Cyprus for the first time”.

He also, noted that modern mining entails multiple benefits for all stakeholders and especially the local community. “Mining is a long-term employer and investor hence, its sustainable development has a positive effect on the country’s economy, such as creating new employment opportunities, tax revenue and transferable skills and infrastructure”;, Mr. van der Borgh said. Furthermore, he emphasized that in addition to the employment and financial benefits, positive effects are also extending to other industries in Cyprus such as tourism, engineering and trade and environmental management.

“The future of copper looks strong”, Mr. van der Borgh noted, “especially when considering its importance in the supply of green energy, the development of electric transportation, and by extension the crucial role it has to play in decarbonization and tackling climate change”. Cyprus has a comprehensive mining legislation, excellent infrastructure, and local expertise to support valuable mining and developments, he highlighted and added that the company is already exploring ways to turn environmental legacies into positive opportunities by tapping into European funding, knowledge and innovation.

[soulsauce] 02/12/2019 09:06

Yes not bad grabbing 50% of a company and decent gold & copper project in a very safe jurisdiction for a total of E3m.

I should imagine Kerim will be wanting to crack on with this in a shorter timeframe than 3yrs.

[charles clore] 02/12/2019 08:58

It is a pity the share price cannot hold on to the smallest rise without being scalped. If only there were more people like biggles around!

[8rad] 02/12/2019 08:53

Precisely CC and the added lure of untargeted gold must be irresistible to Kerim .Another 2.4m euros over 3 years is not going to damage the Ariana warchest too much leaving dividends very much on the table.

[charles clore] 02/12/2019 08:46

Deacon - early stage yes, but very cheap £3m for 50% of a rich asset.

[plasybryn] 02/12/2019 08:37

This consistent seller keeps holding us back. Taking advantage all the time of selling into strength. Been going on for ages. Very frustrating as it dilutes the strength of the excellent news the Co. keeps issuing. I wonder if she/he has much left to go. Shame they couldn't have got P.G. to place it with an Institution. Once done then there will be no holding us. On the positive side, does keep the share price reasonable for those wanting to buy in.

[the deacon] 02/12/2019 08:15

Great looking project. Trouble is it's so very early stage. Combined with the recent news and the clear desire to focus on early stage exploration, whilst monetising large parts of the producing/near term portfolio, I just question whether AAU is now the right company for me as a producing gold play. Monday morning blues maybe..

[mcmather] 02/12/2019 08:11

"To our unique advantage, Venus holds a proprietary exploration database containing records of nearly all prior exploration across the island".

[soulsauce] 02/12/2019 08:09

paul I think you are mistaken by what I am saying. The something else being today's news as we hadn't had coverage of the excellent news last week.

Edited above.

[paul280i] 02/12/2019 08:05

Soul, don't be greedy, all in good time!

[soulsauce] 02/12/2019 07:32

Interesting. Thought there might be something else after the JV news. Might get a video or two now.

[swallowsflysouth] 02/12/2019 07:22

Cyprus coming up good already -

Resources are open in several directions and particularly down-plunge and show significant potential for the identification of gold-rich zones overlooked by previous exploration.

[shortarm] 02/12/2019 07:18

Wow!EMR20: 36m @ 2.58% CuHKL54: 50m @ 1.65% CuHKL80: 47m @ 1.63% Cu

[swallowsflysouth] 01/12/2019 18:16

Charles glad i'm no longer young, i guess each generation has different challenges.

[charles clore] 30/11/2019 23:15

swallows - I think you may be right. There has been a lot of crop under-production worldwide this year. Even the Indian onion crop has suffered. Food prices are set to rise. What an ideal time to crash the fiat system. And they can blame it all on the weather. As for storage of my gold and silver I feel that some of it must be in my possession as it's not accountable in the event of confiscation.

[swallowsflysouth] 30/11/2019 22:10

Charles, I do, in Sprott, not sure how safe that is in a global crash. In any case holding gold just gives everyone else something to steal. Same with growing your own food. When folk are desperate they will not worry about who owns what.

Could be a double whammy coming. Not just a global crash but major environmental events. Then what ? I must be in a gloomy mood tonight !

[charles clore] 30/11/2019 20:31

swallows - I hope you also have some physical gold for wealth, but especially silver because that is for trading.

[swallowsflysouth] 30/11/2019 17:46

Has anyone given any thoughts to what would cause pog to goto $4000 and the consequences of such a rise ? A global financial crash would be the most likely cause i think. Now what will happen next to the gold mines making huge profits ? That will depend very much on which country a gold mine is in. In the great depression many third world countries were controlled/influenced by Europeans which is no longer the case. In some countries the governments might take then over, in other countries they might be over-run by locals, other countries will settle for the increased revenue. Other possible outcomes might also occur.
If pog does goto $4000 i do think that Turkey is one of the safest country to have a gold mine simply because of who Turkey is, if that makes sense. Possibly even more so than America who have historically been know to have some 'odd' ideas about privately owned gold.

[soulsauce] 30/11/2019 15:08

Thanks Charles, even more invigorated now having watched my team win 3 - 1 😀