Ariana Resources Share Discussion Threads

[bonehanmer] 09/3/2021 11:14

Imagine selling at these prices?, what an opportunity to top up!

[bigglesbingham] 09/3/2021 10:58

Hi pal bought 3 sil at $2.94 Friday sold today at $3.12. The silver price was $25.22 when bought and $25.72 when sold. So 2% increase in silver equated to 6% increase in 3sil. Contago doesn't seem to impact here maybe because 23hr markets But never seen significant effect. With oil it was a killer.

[soulsauce] 09/3/2021 10:56

Pierre Lasonde one of the ones often referenced on king world news where gold is always going to the moon.

I am sure like a stopped clock he will be right some of the time Plas and it doesn't take a genius to suggest copper is going to remain bullish.

[plasybryn] 09/3/2021 10:52

Come on guys - has anyone watched this?
youtu.be/9wl3N_4Zzvc

Pierre seems a really switched-on mining master.
I loved his comments on copper, on the cost of discovery, on gold pricing (equities to lead physical etc.) increasing M & A activity this year, including sum of the parts equalling more than the whole (1+1+1 = 5 etc.)

I wonder if listeners will note the potential similarity and significance for Ariana Resources?

Surely someone wants to comment.

[shortarm] 09/3/2021 10:48

Eh? That's the wrong colour!?

[johncasey] 09/3/2021 06:00

dow 32,000

[charles clore] 09/3/2021 00:45

Might be worth a top up first thing then Plas.

[plasybryn] 08/3/2021 23:19

Michael de Villiers, Chairman, posts this on Twitter tonight. Note the similarities to us like 1+1+1=5.Is gold about to rebound? Pierre Lassonde on Bitcoin 'mania' and silver ... youtu.be/9wl3N_4Zzvc via @YouTube This says it all, Pierre hit the nail on the head for what really matters in the business of mining and Exploration ".

[crossfirecssf] 08/3/2021 16:52

Starting to look like the running flat correction in gold which turned at $1,100 and shot to $2,000.

Pretty close match, which would mean the turnaround point, having to be higher than the price at the start of the pattern, would be imminent and take us to at least 7p. Next week or two could be interesting...

[cyberbub] 08/3/2021 14:01

Agreed, extremism and paranoia are bad whichever side of the political spectrum they come from.In investing terms it's also good to avoid paranoia and irrationality, obviously!

[jc2706] 08/3/2021 13:17

Cyberbub,

Hence the quotes in my post! Far right, far left. All the same to me. It is remarkable how similar the behaviours of people are at the extremes of political thought. Extreme anything is usually pretty silly (take extreme ironing as an example) but, nevertheless, it is important to read opposing viewpoints for balance, otherwise we just end up with confirmation bias.

[cyberbub] 08/3/2021 12:14

JC, "fringe" isn't the right word. Paranoid, and/or credulous, and/or hard-right libertarian, may be more accurate.

[plasybryn] 08/3/2021 11:12

I'm told the book "The Everything Bubble" by Graham Summers is worth a read. Product of 10 years worth of research and analysis of financial markets & economy, with a focus on gold. Learn about Net Stable Funding Ratio (NSFR) to be implemented in the UK (currently) from 1st January 2021.

[soulsauce] 08/3/2021 08:46

What no gold rocket, no dow 1000 up. Bet that spread bet went well, but what do us mere boring investors know ;-)

[jc2706] 08/3/2021 08:02

And back down again. Well, gold anyway.

I looked into Gibraltar last night. An interesting situation but the data doesn't support mass deaths as a result of vaccinations. The number of cases rose rapidly before vaccination began so the deaths were pretty much inevitable and the widespread infection ensured continuation during the early stage of vaccination.

I wish people would fact check before believing in 'fringe' reporting and rumours. This one took about 1 minute to debunk.

[pauliewonder] 07/3/2021 23:55

Gold and silver up. The market recognises inflation risk (increasing yield curve) yet gold has dropped to a 5 month low. Doesn't compute. You can say that Bitcoin/cryptos may have taken some of the momentum away from gold, but that can't last in my view. We will be back to above 2000 at some point this year and that's going to be good for AAU.

[johncasey] 07/3/2021 23:08

ftse up 110..dow up 230

[bigglesbingham] 07/3/2021 21:03

Just try dummy buys and sells for a month or two.

[lottsgold] 07/3/2021 20:39

I'm all for leverage in the right place,but i've had a play and hasn't quite made sense to me as yet, more learning required before any sort of lump goes that way, appreciate the ideas and advice though, will keep track and jump in when the market turns out way:)

[lottsgold] 07/3/2021 20:16

This is where it gets a bit complicated for me, https://investorjunkie.com/investing/etf-contango/

[bigglesbingham] 07/3/2021 18:56

It's simple you get three times growth or three times the loss. It's priced in dollars so have to bear that in mind. If it opens up and I'd say $26 tomorrow at 8 am then 3 sil is up 12%. Conversely if it's at $24 at 8 am it opens 12% down. My view is if you strongly feel something going to go up like silver then makes sense to triple it ha ha. Not for faint hearted.

[kaos3] 07/3/2021 18:32

like from 17 min on