Ariana Resources Share Discussion Threads

[thanksamillion] 22/5/2023 15:40

Apologies, I'm too lazy to explain, though have done so in the past.

PS. our chart seems a little lazy today, the mid price has just gone back to 2.5 though it was 2.45 which didnt register.

[jaynesdad] 22/5/2023 15:37

Well I don't know how our comrades thanksamillion charting works because since August 2020 we seem to have been in the downwards doggy position.
I may have just got that terminology wrong for comic effect.

[dixi] 22/5/2023 15:17

Dunno, but some stellar news this week would be useful, maybe even get this back to 3p with some luck... :-(In my experience AIM companies never seem to care too much about the share price, this clearly being no exception.

[jaynesdad] 22/5/2023 15:04

To what do we owe this latest dip. A few months ago we had a 3p support level. Now its 2.5p, 16% lower

[bigglesbingham] 22/5/2023 13:44

Ozaltin aren't doing the drilling they are funding it.

[thanksamillion] 22/5/2023 13:37

The only ray of hope I can offer at the mo, is that my charting suggests we could be much happier by end-August, until then it looks like up and down all the way. Nothing else for the devoted but to wait it out.

On the bright side it looks like the UK will bask in sunshine for the next fortnight, so maybe just forget all your troubles and enjoy the weather meanwhile.

[charles clore] 22/5/2023 12:43

I really do think there should be some sort of explanation regarding these longer than expected drilling result delays. I'm sure biggles is making them aware in no uncertain terms!

[soulsauce] 22/5/2023 12:40

Charles over the last year or so we have done multiple drilling projects on Tavsan and Kiziltepe while Ozaltin, apparently, have been continuing to drill at Salinbas/Hiz.
The lack of assay results is a head scratcher.
But with Tavsan on ice it needed the company to fire up the cylinders on the other projects but as we know Ariana don't work like that.
We are well through Q2 now and the company has offered up very little so far this year and shareholders are much poorer for it.

[cinoib] 22/5/2023 12:25

Looks like a Status Quo record Down down.

[charles clore] 22/5/2023 12:24

Soul, judging by the time its taking to publish those results one could be led to think they don't exist!

[dixi] 22/5/2023 10:56

Hopless, not much else to add here!!

[soulsauce] 22/5/2023 09:43

Anyone would think this was suspended.

Really, what are they doing with all those drill assays :-/

[thanksamillion] 22/5/2023 08:14

BB

xow98's AI results from Perplexity.

[professor lusitania] 22/5/2023 03:02

So pettigrew, you need WW3 to start to see this share multibag?

Good luck with that strategy.

[bigglesbingham] 21/5/2023 22:22

Have I missed something what are you referring to thanks cheers

[thanksamillion] 21/5/2023 21:11

Quite frankly I would expect something more insightful from a product that purports to be "intelligent".

[bigglesbingham] 21/5/2023 18:36

Absolutely

[bigglesbingham] 21/5/2023 18:36

The big point missed is that Ariana is in the top decile of cost per Inez of gold discovered , in other words they are great at finding gold.

[xow98] 21/5/2023 18:27

Perplexity AI response in a couple of seconds

What is the likelihood of Ariana Resources discovering significant new mineral deposits in Turkey

PERPLEXITY

It is difficult to determine the likelihood of Ariana Resources discovering significant new mineral deposits in Turkey based on the search results. However, here are some relevant points:

1. Ariana Resources is an AIM-listed gold exploration, development, and production company focused on precious and technology metals in Turkey.

2. The company's strategy is to achieve sustainable long-term growth through robust and cost-efficient gold exploration, development, and production.

3. Ariana Resources is targeting an aggregate resource of 1Moz of gold in western Turkey.

4. Turkey lies within the globally significant Tethyan Metallogenic Belt, which hosts some of the world's largest gold, copper, and silver deposits.

5. Ariana Resources has said that production from its Kiziltepe gold mining interests in Turkey should be around 18,000 ounces of gold in 2023.

Based on this information, it seems that Ariana Resources is focused on gold exploration and production in Turkey. While the country has significant mineral deposits, it is unclear what the likelihood is of Ariana Resources discovering significant new deposits beyond their current targets.

[professor pettigrew] 21/5/2023 17:29

Not crowing at all, just pointing out facts.

Nobody wants a disaster like that, but given the Chinese record it's bound to happen eventually, so why not be fully covered?

[soulsauce] 21/5/2023 17:22

When it comes to keeping peace in the world I would much sooner have that than be crowing about $3000 gold if it comes at the cost of more world uncertainty and people dying needlessly.

[professor pettigrew] 21/5/2023 14:52

The West are doing themselves no favours at all by continuing to rattle China's cage.

Threats emanating from the G7 will only firm up the resolve of China to eventually invade Taiwan.

Remember how good this all is for gold though. China are slowly stockpiling enough to eventually have their currency, the yuan, be the only one in the world totally backed by the yellow metal.

That'll be the day when they have world economic dominance.

It's in their interests to stir the pot enough eventually to make the dash for gold unstoppable.

[professor lusitania] 20/5/2023 21:22

Highly regarded? He's about as highly regarded as you.

Your posts are very naive, ignorant and betray your total lack of understanding of whats going on here.

[professor pettigrew] 20/5/2023 21:05

With our fingers in so many pies, and lots of exploration now ongoing, one big find will transform the share price

Add to that this very interesting view from the very highly regarded Rick Rule:-

From about 5 minutes in, Rule concentrates on the "juniors" - and gives very salient points as to how and why they will eventually follow the major gold companies up in price. A perfect storm for stocks like AAU, totally undervalued now with a $2,000 gold price on what's being produced right now, certainly more undervalued when gold breaks out above $2100, and severely undervalued if we strike a big seam to go with what we have already. Oh, and don't forget the cash pile too.

[charles clore] 19/5/2023 14:13

More htTps://twitter.com/panther_metals/status/1659337003148910593?t=EBxABfBraQ_r_x2bTF8ELw&s=19