Ariana Resources Share Discussion Threads

[soulsauce] 09/3/2022 17:28

Hi bigglesbingham.
That they don't understand the thirst for information shows how out of touch they are with investing in the 21st century.
As I keep saying, this is a PI held stock. Most PI's don't invest for the longer term and have a plethora of other miners to chose from. Thankfully that doesn't include most on here or things may be much worse for the share price Maybe they rely on that a little too much.
But my point is to keep PI's buying here you have to keep them interested and that means communicating the story and showing some excitement about our projects and not continuing with the overly conservative mantra.
It's already bad enough that many don't understand the company.
If those in charge can't see that or don't have the wherewithal to step up (MdV) then they should get someone in who can.

[shortarm] 09/3/2022 17:27

Maybe they are very astutely letting the bored seller bore his way out before the rest of us get to appreciate the great news?Whether the glass is half full or half empty matters not...... - there is room for more :-D

[jaf1948] 09/3/2022 16:54

biggles,

It's not just the lack of information. I know you've used the word before but it's the lack of empathy that hurts. They are aware of the unrest and they might very well believe that their strategy is still the correct one, but it would not hurt for them to at least acknowledge that there is a real problem here.

[bigglesbingham] 09/3/2022 16:46

One thing I do know is shareholders have very short memories . A few good rnss and everything great. What the lack of communication does is reduce the directors leeway for underperformance. A bit like football fans and their relationship with managers. Ole should have been out years ago but we put up with him because he had a bond with fans. Lots ofAnalogies today.

[bigglesbingham] 09/3/2022 16:41

They do own 8% I just don't think they understand the thirst for information shareholders have.

[shortarm] 09/3/2022 16:41

Ciniob the smug knows everything stock picking expert couldn't have been more wrong so far!Not always a good idea to be quite so arrogant I guess?

[jaf1948] 09/3/2022 16:38

I used to believe that the company just didn't care about the share price. I now believe that the company just doesn't care about its share holders.

[shortarm] 09/3/2022 13:44

1.2 million sold just like that... This is why the brokers don't give us big leaps up.But hey ho, can get some more soon :-)

[soulsauce] 09/3/2022 13:33

Cheers Temujiin thanks for clearing that up.

[shortarm] 09/3/2022 13:28

Oh, and here's our lovely seller....Hi x

[shortarm] 09/3/2022 13:28

Maybe it's wishful thinking on my part (probably) but I think Oxaltin want to announce when things have completed so that NGOs can not interfere?

[temujiin] 09/3/2022 13:26

Not so much a deliberate decision to suppress news flow Soulsauce, more my concern that they would be slow to make decisions that Proccea and AAU could much more nimbly.
Ozaltin do have the financial muscle and the contacts to make things happen quickly if they wanted to, but alas they either wont, or can't do it, possibly because they are to bureaucratic.

I do like AAU's assets despite the Ozaltin drag, especially their Cyprus copper/gold plays which AAU should be pushing as fast as practically possible imo.

[soulsauce] 09/3/2022 13:20

Fair comment actonovator.

Cheers Shortarm.

[shortarm] 09/3/2022 13:16

We have one rig there at the moment

[soulsauce] 09/3/2022 12:59

I remember Temujiin hinting that getting in bed with Ozaltin would affect news flow. Seems like he was bang on the money.
Are we still drilling at Salinbas?

[jaf1948] 09/3/2022 12:47

What should be a great success story has stalled. I have given up on hoping or expecting Ariana to change. The two people in charge are going to stay in charge for the foreseeable future and their style of management (using the phrase in the widest sense) is not going to change. No one is able to put any meaningful pressure on them so I'm here until I can get out with a profit.

[soulsauce] 09/3/2022 11:56

Needs news, how about it Ariana.
All those prospects we are involved in yet news so far this quarter has been scant.

[lottsgold] 09/3/2022 11:51

There's certainly a few questionable buys there today...strange. But no matter to the long haul. I feel news is very close.

[shortarm] 09/3/2022 10:39

I did a dummy sell and was offered as high as 4.08 depending on quantity so I'm pretty sure....

[actonovator] 09/3/2022 10:33

hmm since 4.05 is the highest price of what is a blue day, then imo a buy -
but all smoke and mirrors - lets hope it means news soon

[shortarm] 09/3/2022 10:28

Agreed but the 4.05 is a sell and until MM's can not rely on the volume seller(s) popping in to match buys the price will not rocket as much as it should/could....

[lottsgold] 09/3/2022 09:42

2million sells would usually put us down 10%! Move AAU!

[steviec1] 09/3/2022 09:22

Level 2 looks good for a nudge up as well

[lottsgold] 09/3/2022 08:54

Looks like a solid start!