Ariana Resources Share Discussion Threads

[risa5] 31/7/2020 20:38

Yep market maker to market maker at mid price.

[thanksamillion] 31/7/2020 20:27

1candc

Sometimes these big round number trades are simply market makers short of stock and picking up a tranche from another.

[plasybryn] 31/7/2020 19:08

Sorry we're not going to meet up at the AGM this year Paul. Let's hope things are more normal in 2021.

[1candc] 31/7/2020 19:08

A big 1m sell at 1444 just shown, the share price did well to clear that without a drop

[paul280i] 31/7/2020 19:03

I was the first to suggest Salinbas could be bigger than Hod Maden and when that happens I will never stop reminding you all!
Have a good weekend, relax, have a drink or two on AAU and prepare yourselves for next weeks excitement.

[risa5] 31/7/2020 18:19

The more they dig the more they find... (potential for >10Moz)

Ariana grows resources of Salinbas project in Turkey

Ariana Resources (AIM: AAU) announced that resources for its Salinbas project in northeastern Turkey increased to 1.5Moz up from c.1Moz that the company previously reported.

In a press release, the miner said the estimate is split between the high-grade Salinbas deposit and the low-grade, high-tonnage Ardala porphyry complex.

According to Ariana, the Salinbas deposit comprises 8.4Mt @ 2.21g/t Au + 16.9 g/t Ag for 0.6Moz gold and 4.6Moz silver, while the Ardala porphyry comprises 66.4Mt @ 0.44g/t Au for 0.9Moz, plus 3.3Moz silver, 110,000t copper and 4,200t molybdenum, which includes a higher grade core of 32.5Mt @ 0.51g/t Au, 0.21% Cu, 0.01% Mo.

THE PROJECT AREA IS RIGHT AT THE HEART OF A MAJOR COPPER-GOLD PROVINCE

“This new resource estimate represents a major increase in the resource, confirming the project as having multi-million ounce, multi-commodity potential and indicates further growth opportunities,” Kerim Sener, the company’s managing director, said in the press brief. “The prospectivity of this region is attested by the presence of several other major copper-gold systems in the immediate vicinity, such as the >4Moz Hot Maden deposit, located just to the south of our project licences, and the scale of the alteration systems encountered within our property in the vicinity of the porphyry centres at Ardala and Hizarliyayla.”

According to Sener, the project area is right at the heart of a major copper-gold province that -in his view- shows potential for >10Moz across the circa 100-kilometre long and 10-kilometre wide Artvin-Yusufeli Gold Trend.

[bigglesbingham] 31/7/2020 17:56

Thanks for that then they are an idiot

[thanksamillion] 31/7/2020 17:45

Sad fact is we are going to get more such people joining the BB in future now that the company is getting noticed. Have seen it many times on other boards and the best thing to do is to ignore and or filter. Feeding them with replies simply makes it worse.

[doinnuthing] 31/7/2020 17:19

Sorry dixi I see now you got in before me with this answer

[doinnuthing] 31/7/2020 17:18

Post 24156 the poster has quoted an extract from the just published AAU financial statements in the section general information - Going Concern. This is in the Notes to the consolidated financial statements. It does not mean there is going to be an open offer. It is solely, in my opinion, one of the many items a company now has to go through to justify why they prepare the accounts as a going concern.

[dixi] 31/7/2020 17:06

There is a 'going concern' statement at the end of the last report, this is what is being referenced I believe. But it is there to justify the 'going concern' status of the company. It is not a veiled warning as is seems to have been misinterpreted as.

[lottsgold] 31/7/2020 16:49

May have been my fault that one. Apologies if it was.

[soulsauce] 31/7/2020 16:33

Too right. May be the sun has got to him.

[charles clore] 31/7/2020 16:31

As if we are bothered!

[1candc] 31/7/2020 16:29

Well, let's hope he has foxtrot oscar'd somewhere else to spread his joy

[soulsauce] 31/7/2020 16:27

He can't be talking about Palm either as just raised what they need and that was much higher than he is talking about.

[1candc] 31/7/2020 15:54

He obviously can't be talking about here as that would be totally bonkers so he must mean Palm?

[bigglesbingham] 31/7/2020 14:41

We're you referring to palm? If so I'm sorry I miss understood thought you were referring to AAU.

[bigglesbingham] 31/7/2020 14:40

If it was I miss understood and I hope they accept my apologies

[scoble2] 31/7/2020 14:30

I don't short shares it is immoral. If they want to raise money I thought they should give good discount to the current price.

[konil] 31/7/2020 14:28

are the yanks taking gp down again?

[konil] 31/7/2020 14:27

bb, wasn't that a reference to palm?

[lottsgold] 31/7/2020 14:25

Haha I shouldn't make assumptions I could make many about the he/she midget/giant but I won't.

[actonovator] 31/7/2020 14:24

I though he/she was talking about PALM

[run12] 31/7/2020 14:19

How do you know the poster is a 'he' That's genderist.....