Ariana Resources Share Discussion Threads

[shortarm] 07/4/2021 17:48

Useful to know....

[jaf1948] 07/4/2021 17:34

Just to let people know, the last two 'sells' today were simply a bed & isa for me, not two separate sales.

[bigglesbingham] 07/4/2021 17:06

Operationally kiziltepe always been ran by proccea. But yes sometimes you need to see the whites of someone's eyes. Hopefully when international travel allows then site n m setting will take place again.

[bigglesbingham] 07/4/2021 17:03

I don't disagree I've been saying for some time the company had done a superb operational job creating sound fundamentals to build on. Communication of the message has been very poor.

[charles clore] 07/4/2021 16:18

Would like to know a bit more about the company's specific plans. It feels like we have just been drifting in the corporate JV current without a rudder for too long. Now we need some proper meat on the bones to give shareholders a proper sense of direction.

[thanksamillion] 07/4/2021 15:46

Bloomberg

Hungary Tripled Gold Reserves as Central Banks Turn Buyers Again

[kaos3] 07/4/2021 14:24

I also have an important Q - knowing the human nature to a small degree - if a man is absent, teacher from the class, manager from employees - slowly but surly things change....

who is running Turkey - mining? exploration?
because up to this point a stellar job is done and it is not usual that all is fine for such a long time with BOD physical absentizm ongoing

few more years of absentizm and people will ask - do we need BOD at all (I know we do BTW)

[kaos3] 07/4/2021 14:17

BB - like I did with my ex in theory and in praxis till along the way something....came up

and they all were telling me - there is life beyond her, many fish in the tank etc. (shares or females I do not know)

how true - because life does not give a f... about reason, to dance it takes two etc

I was expressing a personal opinion not a fact, a view and as always fingers crossed that reasonable and good wins in the end.

I wish best to all of AAU

my point - after the divi I ll watch the trading like a hawk as it is a sweet spot for an "action"

complement probably? I am bad with difficult words...

[bigglesbingham] 07/4/2021 13:45

They compliment each other perfectly imho. Huge engineers clout from ozaltin with AAU telling them why to concentrate that expertise.

[jaf1948] 07/4/2021 11:20

There is often comment on here about how Ariana's share price is influenced by the price of gold. I decided to dust off my statistics ('O' level grade 1 1964) and calculated the coefficient of correlation between gold and the share price.

I used the 6th of the month from April 2020 to April 2021 using gold prices from a chart from the Gold Bullion company. The coefficient turned out to be 0.6178. If you then square that number, it gives a value of 0.3805. What that means in English is that 38% of the variation in the Ariana share price can be attributed to the rise and fall in the price of gold or, to put it the other way, 62% of the changes in the Ariana share prices comes from other factors apart from the price of gold.

It's amazing the things you find to do when the weather is cold and miserable.

[thanksamillion] 07/4/2021 10:07

Seems clear to me that they did not bid for all as they needed AAU tied in, in order to retain their exploration skills. Without Kerim/Zac et al they would be floundering.

[kaos3] 07/4/2021 08:37

there will be a sweet spot for a total AAU TO bid after the divi - I could not get it why the conglomerate did not bid for all of it. But (in my head - let them teach us, they will cooperate as friends...., let them do the work, the drilling discovery, they will depend on us more and more....) it is still not ruled out completely. share price is telling me to think about it.

I hope I ll not get pushed out once again bellow fair value (latest two were TSG and AAA) and I cant do anything against it (but to limit my exposure)

I am not negative, just constantly thinking about AAU and many options - and most such negative scenarios never happen - but sometimes they do

all the good to perfection about AAU is permanently covered by the others

[bigglesbingham] 07/4/2021 08:11

Ended up mining ??? KS is half Turkish and company set up 15 years ago in turkey. It didn't end up mining in turkey. Strange comment. KS has manoeuvred the company away from turkey. I could see foreign ownership of mining asset being limited to a percentage but not full nationalisation that would be a position which would not fulfill turkeys requirement. If mining assets were limited to 50% foreign ownership or even 25% then AAU decision becomes exceptionally good. Even if nothing happens it was a good decision. Obviously KS knows a lot more than shareholders about the cogs of power in turkey in relation to mining and if something of this magnitude was going to happen you'd have to argue that they would have caught wind of it from their numerous contacts.

[2vdm] 07/4/2021 08:07

Yes, I bought into First Mining as well, some time ago. I was also impressed by an interview with its CEO (Kitco news?). However I hold far more AAU and think Kerim will deliver.

[a.fewbob] 06/4/2021 22:53

Even companies like First Majestic are beginning to focus on safer countries.

Kerim is no fool. He has manoeuvred us into a good position.

I’m not selling but have to admit I’m annoyed we’ve ended up mining in such a suspect regime!! Ho Hum..

If anyone is looking for a decent explorer with very good pedigree and lots of acreage in safe western jurisdiction then take a look at First Mining.

[renniks2016] 06/4/2021 18:10

I don't think it's going to take too much volume to move this now, added another 300k in to my ISA today and price moved on last two trades. has Gold and silver turned the corner too? looks like it to me.

[royalalbert] 06/4/2021 17:57

A bit more of a rocket under the gold price would be helpful.

[soulsauce] 06/4/2021 17:06

Nice post CSSF 👍

[crossfirecssf] 06/4/2021 17:03

Nice little bump at the close to form a clear double bottom at the conclusion of the running-flat. I anticipate (would love) a resumption of the upward trend.

This simply can’t go too much lower given the recent and upcoming news. Optimistic Tuesday! We may all be six feet under by the time we regain the historic 16p (caveat - one twentieth of the current shares in issue back then), but I may yet recline in my coffin with a grin, in the knowledge that my girls are sorted, for a short to medium term at least...

[charles clore] 06/4/2021 16:08

Not so much in Turkey but definitely Ariana. Don't forget they only have a minority (23.5%) stake there now. It will be interesting to see where they put their money for the future.

[renniks2016] 06/4/2021 15:23

Allowing for the 2 wk window for insider dealings, I'm expecting news flow to return end of the week. imo

[soulsauce] 06/4/2021 14:59

I was hoping for some more drilling results from RR before now. Must be lots stacking up.