Ariana Resources Share Discussion Threads

[plasybryn] 13/8/2020 20:49

I believe Kerim & Michael are back from holidays next week, so perhaps news on the Deal etc. will start to flow pretty soon now. Got to be a done deal! It's amazing the gold price was around $1460/ oz last November when the MoU was first announced. How the market has moved on since then. Let's get going guys & girls. What can we achieve with our new powers (cash, man power, facilities etc.) before the end of year?

[8rad] 13/8/2020 20:29

Cannot see us lasting long at current parameters.

[pauliewonder] 13/8/2020 18:54

Gold and silver looking very tasty again. Now profit takers are out, could be ready to se higher highs and higher lows. Listening to a podcast comparing 2020 with 1979 and suggesting that we could see $5000 gold. That would be around $4500 profit per ounce on Kiziltepe gold. Silver at $100. Company won't last long under those return parameters.

[plasybryn] 13/8/2020 18:28

Welcome BMNSA

[bmnsa] 13/8/2020 17:19

Me2

I'm brand new to this share,but the more I research it further, the more I like it :))

[charles clore] 13/8/2020 16:56

My strategy now will be to buy on the dips.

[lottsgold] 13/8/2020 16:39

Put some funds in today but held back incase there's a pull back, more than happy if your predictions come about. Have a good evening all.

[crossfirecssf] 13/8/2020 15:52

Agreed. The chart looks lubbly jubbly. I reckon we'll move to around the 6.5p level soon enough. Not forgetting that back in the dim and distant past, there's pretty much no resistance to shake a stick at. Blue sky ahead...

[thanksamillion] 13/8/2020 13:53

Personally, my scriblings indicate AAU is now in a new, steep, rising, trend channel which indicates around 8p in September. After that I suspect it will level out for a while.

[renniks2016] 13/8/2020 13:21

BB perhaps TW has eased his moral conscience and done one ! ;)

[crossfirecssf] 13/8/2020 13:11

Looks to be consolidating prior to move to 6.5p in the short to medium term. What else do we need in our favour? Nothing springs to mind.

[bigglesbingham] 13/8/2020 12:52

Looks like seller gone

[charles clore] 13/8/2020 11:19

Good article and well worth a read. Written in March this year with a gold price more than $300 below that of today, producing gold to guidance plus quite a lot of silver as well. What's not to like about this little gem?

[lottsgold] 13/8/2020 11:10

Thanks for the comments guys, Watching the price go up currently, always bitter sweet in this situation!

[1candc] 13/8/2020 10:49

You're right CC, I was referring back to this article in the Daily Mail where KS said anything over $1,300 was cream and surpassed their forward GP forecast

[charles clore] 13/8/2020 10:31

That (edit: cream comment) was probably back in the days when we were paying back the Kiziltepe loan. Now we are virtually debt free apart from a small credit facility the profits from production mostly go straight to the bottom line. Virtually a cash cow.

[1candc] 13/8/2020 10:25

Even before the latest upswing in the price of the PM's we were very profitable with production costs running at $615 per ounce, as Kerim said any price (from memory)higher than circa $1,400 is cream

[actonovator] 13/8/2020 09:39

Lott, read quite a few gold analyses this week and what is certain is there is a gold analysis for every conceivable position, both up and down - take your pick! But we are all gold positive here and what is reasonably certain is that we are due a jv update any time before the end of the month. And surely some Cyprus news soon!

[lottsgold] 13/8/2020 09:19

Finally have some more funds freed up...is the correction in gold over? Any thoughts? I feel it could go either way. Long term trend is up but it would be nice to time it right for once!I'll be adding here most likely with news due imminently I'm risking missing the boat as well...good fun when you see past the money!

[cyberbub] 12/8/2020 18:51

I've not sold any on this dip... Personally I think POG may need a week or two to settle down before its next run, but I'll be happy if it carries on northwards tomorrow!!

[charles clore] 12/8/2020 16:10

Nice one Stu! You timed the dip very well I might add.

[driver101] 12/8/2020 16:09

Cheers Charles, I’m in.