Ariana Resources Share Discussion Threads

[bigglesbingham] 30/1/2021 19:44

Depends how they market the news!!

[jaf1948] 30/1/2021 19:24

'Shortly' as in the life-span of a fruit fly or 'shortly' as in the movement of tectonic plates ?

[bigglesbingham] 30/1/2021 18:54

7p shortly

[bigglesbingham] 30/1/2021 18:53

I buy 3SIL 3 x silver via my broker . It in dollars but don't have e an issue. I use tilney

[mcmather] 30/1/2021 15:40

Though maybe they might want to think about trying to jib the JV off if silver even got to $200 per oz!

"As at end 2020 the mine had produced a total of 84,200 ounces of gold and 915,233 ounces of silver"

[mcmather] 30/1/2021 15:37

It's a bit of interest; whatever you think about the fundamentals, the GameStop share price went up massively (15-20 times), and within a very short period of time. If 'silver' is one of the next targets, and similar does happen... whatever you think about the fundamentals of companies like silver-rich AAU...

[pharmoutcomeszzz] 30/1/2021 15:23

Agereset: I think you need to do what your name suggests. You’re writing like an excited puppy on speed!

[uknighted] 30/1/2021 15:08

“ Keep a copy of this post and look back after July-Aug 2021”
Would you mind if I don’t?

[agereset] 30/1/2021 14:45

Agree, we survive in a new world that is run by not kings but kings of industries, they have no duty of care for the people that they use, machines and computers are their tools to suck up wealth and keep people under control.

Over the last 100 years the world has become pure hell and pure heaven, pure hell for the people and animals and pure heaven for the selective group of people.

Wealth is not just cash Gold Silver but hard working humans and animals that uphold loyalty and respect, all of that is gone, fighting for a country when country is run by rich and their puppets for the sole financial benefit of themselves is no longer pride of a citizen, world war is coming trust me, but what kind of war and against who is the question.

Gold Silver are and have always been and will always be shelter to run to, ratio may have been above 10:1 but there is no history to compare the current landscape and just like oil price going into negative at one point Silver price will go much closer to Gold than ever before. Keep a copy of this post and look back after July-Aug 2021

just like you I am sure that certain forces will respond to runaway Gold prices BUT having given the power of internet and social media to the masses the more "they" try to force the public the more uprising will take place.

Wealth has been accumulated by a few, more was issued during the pandemic to share amongst themselves, but wealth is fluid and it always tries to spread out, we are lucky to have enough "money" to take advantage of the wealth bubble popping and Gold Silver is the "bullet" "weapon" that will ultimately kill the "7 headed beast".

[jc2706] 30/1/2021 13:50

The gold:silver ratio has never traded at 4 or 5:1 so we would, indeed, be living in extraordinary times if that happened. By 'never' I mean back to Roman times where it was set at 12:1 as I recall.

Traditionally 15 or 16:1 has been about the lowest in more recent (last few centuries) times which is probably about the lowest I would expect it to go in a serious bull market.

If silver rises very strongly (vertically!), then I would expect gold to respond and there are interests that would not like to see a runaway gold price.

[agereset] 30/1/2021 13:32

The Silver Short Squeeze that has started has far more serious consequences to the "big boys" than one can ever imagine.

Silver should be trading at $200 per oz "today", but as we all know it is kept low for the benefit of the elite and their profits from relevant industries.

Silver to be sucked up by kids will not only create shortage in supply but will also give kids taste of Silver's pull on their mind, wanting more and more.

The target set by the rampers is $1000 but I think it will over shoot that target with ease, we are in a world where "norms" are out of the window, Oil was MINUS $42 i.e $42 to take it away!!!

Silver to trade at 4x or 5x of Gold is most likely, in the event Gold takes off to $10,000 Silver can be trading at $2,000 to $2,500 per oz!

There is too much cash printing going on and all that curency will find it's way to Gold Silver SOON.

[johncasey] 30/1/2021 09:00

i bought bck in here 4.7p...looks like a re rate soon

[lottsgold] 30/1/2021 07:56

Biggles, where do I purchase the leveraged products? HL and my Halifax ISA don't seem to allow it. I need to open better accounts now this is slowly becoming a major part of my working life, time to take things a bit more seriously.

[bigglesbingham] 29/1/2021 23:08

Whatever this means my 3 times silver doing ok ?

[agereset] 29/1/2021 16:03

Post 3252 was my take and hint to get the short squeeze started on Silver Gold back on 22 Apr 2020.

Post 3260 is a ramp announced day or so ago by people on Reddit calling themselves "WallStreetBets", the same people who are behind the current short squeeze on:

GameStop 52 wk Range $2.57 - $483

AMC Entertainment Holdings Inc (AMC) 52 wk Range 1.91 - 20.32

Now that Silver is targeted "kids" are buying Silver Coins from EVERYWHERE, Ebay platform is selling them fast over the last day or so.

Big boys are taking positions in Silver with full intention of seeking physical delivery.

Game is ON, War on Silver Shorts has been announced, Silver heavy weight will now pour their money, power and influence to push Silver to it's real worth and into a bubble, July-Aug 2021 is when Silver will hit crazy prices, things are in motion now.

I do not ramp stocks anymore.

[charles clore] 29/1/2021 15:57

I think the crunch time has arrived on the banks' doorstep in the form of not enough metal to cover their charade for much longer. If industry is to be allowed to continue producing electric vehicles, TVs, solar panels then price discovery process has to also be allowed. There is no substitute for physical silver and the banks are trapped.

[jc2706] 29/1/2021 15:31

I would add that governments are much more concerned with gold than silver but a dramatic rise in the silver price will inevitably translate into upward pressure on the price of gold.

[jc2706] 29/1/2021 15:30

There is no doubt that the precious metal markets are a tad odd to say the least. Whilst I would love a short squeeze to work at the expense of the likes of JPM, I have been around PMs for so long now that I have become extremely cynical about the process. Whilst prices can rise over a period of time, there are some very powerful forces that have an interest in keeping any such rise under control. This is one of the drivers of Bitcoin where governments do not (yet) feel the need to control the price rise.

[charles clore] 29/1/2021 14:59

There is truth in what Agereset writes. The silver short squeeze, if it happens in earnest, could run for several months and could change the face of world finance by breaking the banks holding short positions. As a silver producer in a world that relies heavily on industrial silver supply AAU stands to to very well imho.

[agereset] 29/1/2021 12:53

Morons like to talk and talk and talk yet say nothing. What and when I say something it has value! Feel free to filter me!

[thanksamillion] 29/1/2021 12:48

At times like this I really appreciate the filter button.

[agereset] 29/1/2021 12:36

This is why NEVER UNDER ESTIMATE my sentiment. This is why I was looking for SILVER based company.

what is the benefit to this company when Silver trades at $300 $500 per Oz?

Enjoy the ride.

[ftse100djia] 29/1/2021 11:53

FTSE100DJIA - 22 Apr 2020 - 10:47:14 - 245441 of 260688 The Really Useful Gold Thread - GOLD

Feel free to correct me if I am mistaken here.

Gold Silver futures are based on contract sellers obligation to provide physical Gold/Silver at given date. Correct?

IF ALL those who entered into contract to buy the underlying asset CHOSE to DEMAND the Gold/Silver and as there is a MASSIVE SHORTAGE of Gold and Silver, the ones who are naked to the OBLIGATION to fulfil the contract and supply the Gold and Silver WHERE WOULD THEY BE?

Just like Oil going into negetive Gold and Silver would go into super Positive because those who are locked into fulfilling the future contracts HAVE to buy at ANY cost.

What am I missing here?