Ariana Resources Share Discussion Threads

[crossfirecssf] 18/5/2020 17:38

Lol, thanks alwaysrevolving, I'm pleased to know that I'm spreading the joy. Good luck.

[renniks2016] 18/5/2020 17:32

That was me!

[alwaysevolving] 18/5/2020 17:09

Crossfire CSSF,

I do so enjoy your posts. They give me an enormous sense of well-being!

Happy to have been invested here since 1.6p

[bigglesbingham] 18/5/2020 17:02

Always showed at 3.999. On mine. With quarterlies this with sale past 4

[1candc] 18/5/2020 16:32

The trades were showing at 4 then they've changed to 3.99999999 to infinity

[nov31] 18/5/2020 16:29

you mean you were hoping for 4.00p on the bid! :-)

[nov31] 18/5/2020 16:28

BB, its there - 60,000 purchased at 4.00000

[bigglesbingham] 18/5/2020 16:26

Kinda hoped I'd see a 4 in front of buys rather than 3.9999

[nov31] 18/5/2020 16:25

4p now being paid! nice end to the day

[renniks2016] 18/5/2020 16:24

Pranchalee- there you go! ;)

[crossfirecssf] 18/5/2020 14:30

The timing and fundamentals couldn't be better here. The gold ads are back on the telly again. The complex head and shoulders continuation pattern in gold is more or less complete, indicating an initial short to mid-term target of $2,600.

The last time gold hit $1,900 the miners barely shifted, which demonstrated that it wasn't a top in gold,.... merely a temporary high in a much larger bull market. Idiots like Krugman did their victory laps as the price subsided, whilst it was obvious to the Austrians among others that this was a secular bull of 20 or more years.

This time the market has climbed the wall of worry once again, and they finally believe. The shares are now rising with the metal. This is huge. It tells us that the final chapter has just begun. Once Joe public start to buy their gold shares and your taxi driver asks you which shares you own, the time to sell will be drawing nearer. This will make the dot-com bubble look like a non-event. Prices of shares such as AAU could literally end up anywhere. There's no way of knowing. 10p? £20? More? Literally no way of knowing, but make no mistake, both are within the realms of possibility. All bets will shortly be off.

In 1980, there were multiple cases of gold shares going from single digit cents to hundreds of dollars. Things are much, much worse now. If you own physical, it's likely at some stage that governments will try to confiscate it as they did in the early 70's. Store it personally and for gods sake don't tell the wife where, unless you want lots of new friends!

[1candc] 18/5/2020 14:29

Not for long, still higher than Friday's close.

[soulsauce] 18/5/2020 14:18

Yanks smacking PMs down ☹

[shortarm] 18/5/2020 13:48

Well, someone just sold 200k at 3.92 - can't be long!

[pranchalee] 18/5/2020 13:34

Whos the first to buy at .4p level

[soulsauce] 18/5/2020 12:31

Cheers someuwin.

[someuwin] 18/5/2020 12:07

Very good CHF presentation. Highly relevant to AAU too...

[catsick] 18/5/2020 12:05

I think chf will benefit from the money aau put into drilling in Cyprus and vice versa, the y seem to have neighbouring claims so maybe can compare notes...

[thanksamillion] 18/5/2020 11:41

Looks like rinse and repeat with share price again, looking forward to a nice end to the day.

[nov31] 18/5/2020 11:21

nice tight spread for once

[bigglesbingham] 18/5/2020 10:52

Yes think that is an AAU few years back but see it getting taken out. Long road ahead but good team and good assets .

[soulsauce] 18/5/2020 10:45

Heyup bigglesbingham, have joined you at Chf. Took me 2hrs to get shares and moved the share price up straight away. Drilling to restart soon in Cyprus.
Sorry for off topic.

[red imp] 18/5/2020 10:37

Looking at the Q1 2020 preliminaries I make it:

(67,459 oz AG x $70) / 5129 oz AU = $920