Ariana Resources Share Discussion Threads

[soulsauce] 04/11/2023 17:39

Not sure how we jumped from the original argument to this one Charles but OK I will play along.
In a cesspit that is the junior miners market, Ariana is towards the less risky end. Although it always flatters to deceive and only for a short period in nearly 20yrs has it lived up to its potential. Still we can live in hope.

[charles clore] 04/11/2023 17:14

But rather than invest at 5% in the risky money market, I'd much rather invest in AAU and watch the profits roll in at various points in the future. If I wasn't pretty sure that's going to happen, I wouldn't be here. So why are you here?

[soulsauce] 04/11/2023 16:45

Or there is that little to cheer here anything is clung on to like a limpet to a rock. 🤷‍a94;️

[shortarm] 04/11/2023 16:21

Probably because Charles does not always look on the dark side of life :-D.It can be a miserable world - if you make it so.

[soulsauce] 04/11/2023 15:45

Charles you can't call it a good move and sing the praises of the BoD until you know the buy and sell price.
I have no idea and I doubt does anyone else. How do you know they didn't buy it when it was last at $2000 earlier in the year thinking it was going higher.

[xow98] 04/11/2023 15:39

If AISC is circa 1,000 there is a 100% margin at 2,000. If buy at 1,900 and it moves to 2,000 it is only 5%. You can get that in the money market, effectively risk free.

[charles clore] 04/11/2023 15:39

Soul - no, but Im pretty sure it would have been lower than $2000. Do you know?

[bigglesbingham] 04/11/2023 14:38

I was going to say something similar but then I thought about it logically , they speculate in gold producing companies or explorers what's the difference? Apart from this element of their investment is more secure ?

[soulsauce] 04/11/2023 14:32

Why Charles do you know what the price of gold was when they accumulated it?

[charles clore] 04/11/2023 14:21

Xow - well, they seem to have got it pretty much right lately haha

[soulsauce] 04/11/2023 14:07

Quite right xow.

[xow98] 04/11/2023 13:54

Sorry, their job is to mine efficiently and grow production, not speculate on the price of gold. Who on the BoD has the skillset to know where the price of gold is heading? If I wanted to invest in somebody to speculate on the gold price it wouldn't be with this BoD.

[bigglesbingham] 04/11/2023 12:50

Have to say at interims alot of question we're made of the bullion holding but proving to be a good move .

[xow98] 03/11/2023 22:44

Copper carbonate - one of the common supergene products of copper ore and one that we encounter frequently in our exploration programmes.

[xow98] 03/11/2023 22:42

And who in their right mind would not be gobbling up gold right now with all of the uncertainty out there - if it’s good for central banks...One reason Ariana holds gold bullion, because faith in the debt-based financial system and dollar supremacy is eroding fast.

[mcmather] 03/11/2023 16:45

Plas, are you able to post the links up; not on twitter but can have a nose via specific links, ta.

[soulsauce] 03/11/2023 16:43

Has someone woken them from their slumber or maybe even they realise they can't keep sliding by in the same old fashion.

[plasybryn] 03/11/2023 15:39

Three posts from Ariana on Twitter today.

[renniks2016] 03/11/2023 13:34

Lol I'll keep it under 10% so not to scare them off! Lots of news flow from there soon I think.

[bigglesbingham] 03/11/2023 10:37

You need to leave some PANT shares for AAU for my prediction to come true ha ha

[renniks2016] 03/11/2023 08:06

For what it's worth BB, a agree with you, my view is that selling is from a distressed position, and no doubt we have all been in that position sometime in our investment lives? well I certainly have. Backing the fundamentals, and of the opinion that markets will will correct and that this could be explosive in our sector. Don't care if this takes another 6 months or 24, but it will happen. I consider this (AAU)as one of my less risky positions, but confident in it, yes the lack of simple updates can be , and is frustrating, but if still accumulating, (which I am) when I'm not bothered, when I reach my target position, then I'll be getting vocal! purely selfish reasons, but heyho. that's what it is. Happy Friday. Watch out for the 500k buys, they might signal the start of the cup.

[bigglesbingham] 03/11/2023 07:33

My view , hard as it is to swallow is that this seller and I'm convinced it's Rowan estate who happen to hold 13 percent of SVE who have suddenly decided to liquidate company (no coincidence in my view) has afforded the opportunity to buy and increase my holding at these ridiculous levels. I don't feel it is linked to fundamentals which are as strong as ever with tarsvan and expo opps. If I'd have ran the company I'd have probably approached the seller at least to confirm the situation and then potentially buy back shares but the board unfortunately don't have the inclination or skill set to conduct this endeavour. Mine you if I ran the company I wouldn't have found any gold. When there is a indiscriminate seller not linked to fundamentals I'll always try take advantage. Although patience is wearing thin as it's bound too. GLA.

[shortarm] 02/11/2023 13:23

Oh look, another investor who happens to have bought loads and now happens to have got bored out of 250K.
.
So easy to change your mind and lose money today, oh - unless it is someone’s inheritance?

[thanksamillion] 02/11/2023 09:26

Just who else is going to buy that plant?

Oh and I topped up again today, couldn't resist.

[soulsauce] 02/11/2023 09:05

Just another junior exploration company sinking whatever they manage to raise into the ground and paying wages konil, before coming back to the market again. It's a totally different proposition with Apliki.