Ariana Resources Share Discussion Threads

[konil] 17/3/2021 14:11

jaf, looking at the volumes on advfn (not always reliable due to automated mid-point attribution to sell/buy) i tend to agree with bb about a lurking seller. of course i dont know for sure.

[actonovator] 17/3/2021 14:09

pharmoutcomeszzz - 01 Mar 2021 - 18:54:43 - 4282 of 4563 Ariana Resources - Gold, Copper and lots of cash! - AAU
aagghhh JAF. A very nostalgic but pot-holed analogy. VHS won through due to a) the tape recording machines being cheaper to buy, b) able to run for 120 minutes (cinematic length, rather than its initial competitors 60 minute ‘tvâ364;™ length and c) the greater availability of porn on VHS!!!
The only reason of the 3 that equates to AAU, is the cost of manufacturing and at less than $600 per ounce of gold to get out of the ground, then we should be the one to choose!
Thanks for taking me back to the early 80’s though. Happy days!

[konil] 17/3/2021 14:04

pedro, aau is in a much stronger position for the future with the jv imo.

announcement of its completion however had a disappointing impact on the sp, but that is just imo. maybe some think it should have stayed put or fallen, as it has done.

[pharmoutcomeszzz] 17/3/2021 14:04

Actonovator / JAF: please stick to discussing shares, something which at least you have a degree of knowledge about and is what this BB is for.

[actonovator] 17/3/2021 13:47

Shortarm, its a Eastern European asset I think we're waiting to hear about. And I hope it doesnt cost peanuts. Would rather spend a bit of money on a decent patch.


And lol, when will those tens of thousands of climate scientists round the world stop trying to convince us with their facts and their research and their bloody science?Anyone can look out the window and tell the weather, innit!

[shortarm] 17/3/2021 13:14

No news you say....Aren't we buying some amazing Western European super mega awesome asset? For peanuts? Right?

[pedr01] 17/3/2021 13:04

"Transformational jv had nil to negative impact ..."

Don't you have to give it time? JV has only been in existence for exactly 1 month ... LOL

[jaf1948] 17/3/2021 13:03

It's a bit like a conversation with a climate change fanatic: if it's too hot, it's because of climate change; if it's too cold, it's because of climate change; if it's changeable, it's because of climate change.

On here, if the share price is falling, it's because of a large seller; if the share price is rising, it's because the large seller has finished; if the share price is staying the same, it's because the large seller is running out.

[konil] 17/3/2021 13:00

hope you guys are correct. transformational jv had nil to negative impact. all items mentioned (jv excepted) will not show in bottom line for months/years and aau share price dynamics is suggestive of producer (which it thankfully is!) so how much notice will market take of the mid/long term items.

i hope lots! but not convinced.

[shortarm] 17/3/2021 12:34

I think the sells are just Band Wagon jumpers now.... Hoping to do a great trade and buy back cheaper....Genuinely interested to see if that works for them as you nicked the ones I wanted!

[bigglesbingham] 17/3/2021 12:07

Think your glass is half empty person. What about divi, tarsvan, kizeltepe, salinbas Cyprus updates all will have impact.

[lottsgold] 17/3/2021 11:00

Surely Tavsan permit would give us a good move in shareprice Konil? Or great drills at Tavsan? Or announcement of new project? Or we may be underestimating the dividend announcement?

[konil] 17/3/2021 10:41

bb, one thing that would clear the seller(s), assuming that is what is happening, would be a move to a new higher level, eg. 5.5p, pulling in sufficient new blood to soak up any selling and free seller from their misery and ours! problem is, however strong aau's future, i cannot see any short term catalyst for such a move, most of aau's operational items seem to be some time away from delivering significant price moving news. we remain in the doldrums for now. a common situation in mining investment!
(trying to tempt fate to prove me wrong!)

[bigglesbingham] 17/3/2021 10:14

Looks like seller back they obviously got min sell 4.5p

[thanksamillion] 17/3/2021 09:09

I would prefer share price to reach 47p without consolidation.

[bigglesbingham] 17/3/2021 08:57

Like 1 for 10 then share price 47p? In my experience more potent than not this results is reduction in share price not logical I know but that my feel

[d1g3y] 17/3/2021 08:20

Has share consolidation been discussed on this thread? I get that it's only benefit is psychological but...

[royalalbert] 16/3/2021 16:48

Market cap is what counts not the price per share, on that fundamental we are well undervalued.

[bigglesbingham] 16/3/2021 16:18

I think the excitement and share price movement comes from exploration discovery. It's pretty easy to argue too. More production means more money which will filter through as dividends but we have hardly any action here with a potential 20% dividend. Other miners who are simply exploring have huge valuations on potential or chf was 19p on potential .

[thanksamillion] 16/3/2021 16:15

A closing share price of 4.9 in the next few days will break through the recent downward trend and complete the cup and handle formation. Sky's the limit after that from a technical point of view.

[bigglesbingham] 16/3/2021 16:00

Well that is a very succinct reason why I'm so confident of investment here. Hope others start to cotton on.

[d1g3y] 16/3/2021 15:49

AAU as an exploration investment is much more appealing if that exploration is funded via production managed by other parts of the JV. Not many small cap miners have that ability

[lottsgold] 16/3/2021 15:46

Slowly slowly! Hopefully we can get back over 5p in the near term.

[bigglesbingham] 16/3/2021 15:38

More like it !

[bigglesbingham] 16/3/2021 14:31

There's been 350k bought last ten minutes and no change to price wonder if seller still hovering. I'm expecting rns confirmation of court initiation any day hopefully this will help share price over 5p