Ariana Resources Share Discussion Threads

[kaos3] 10/11/2023 10:01

can just one man holding such a position make a change...

giving directions and all of the rest will obey...

I do not have any knowledge on the topic

I thought it is more a voting, majority democratic consensus, mixed influences system

making one new against all the old rest

[xow98] 10/11/2023 09:51

Independent non-exec chairman will sort that out.

[kaos3] 10/11/2023 09:38

if i would be a large civil engineering conglomerate controlling the golden eggs of the co - i would strike. just before the cash stream to pay to loans back in a few years starts flowing into the co

i would offer bod good contracts

in coordination with newmont

pay back 2-3 years. bought by state bank short term loan

[soulsauce] 10/11/2023 09:37

The main point is turning those found gold ounces into shareholder value. Shareholder value rarely seems to be high in the company's thinking imo.

[jaf1948] 10/11/2023 09:34

Valid point but how much did that $38m actually cost us ?

[shortarm] 10/11/2023 09:13

38 million dollars is not monetising? And keeping 23.5 percent of 2(shortly(maybe lol)) producing gold mines?Option to sell big finds to Newmont at commercial rates - all to come...

[jaf1948] 10/11/2023 09:02

Shortarm,

But we know Kerim and co are great at finding stuff - that's why most of us are here in the first place. What Ariana are not so good at is actually monetizing (horrible word) these finds and getting dollars onto the bottom line.

[shortarm] 10/11/2023 08:43

And:
New "contact-mineralisation" intercepted on the periphery of the Ardala porphyry,
returning:
o 8.2m @ 1.27% Cu + 0.95g/t Au + 22.4g/t Ag + 0.16% Zn from 46.6 metres.
o Including 0.3m @ 12.92% Cu from 52.9 metres.
And for some bulk resource:
461.8m @ 0.22% Cu + 0.23g/t Au and 155ppm Mo

[shortarm] 10/11/2023 08:40

Sometimes we forget what Ariana already has found:
.
Kizilcukur represents the north eastern-most expression of the Sindirgi Gold Corridor, which is contained by the Red Rabbit project area. The upgraded licence runs until September 2022.

Some 2km of mineralised quartz veins containing high-grade gold and silver have been delineated at the prospect, with surface assay results of up to 152g/t gold and 1,320g/t silver.

[xow98] 09/11/2023 23:13

PALM are locked in to PNT until 9 Dec 23. They need funding to get drilling as Darren can't keep promising without delivering, so wouldn't be surprised to see a sale of the holding.

[plasybryn] 09/11/2023 18:48

Don't sell yourself cheap Soulsauce

[plasybryn] 09/11/2023 18:47

Great to here from you Nov31. Good to hear you are still hanging on. Was in The Lamb, Leadenhall yesterday, not far from the Cheshire Cheese where we last had an enjoyable pint before an Ariana shareholder meeting. How many years ago was that? We were younger then and still expected to make a good return on our investment in a life time.

[soulsauce] 09/11/2023 17:58

Regarding PNT I am beginning to think there might be something to it as something seems to be brewing at Palm, although Darren is very quiet, but I can't believe anything will happen until drilling results are known.
I would be disappointed as a Palm holder but if it was for the right money it would temper that disappointment.

[charles clore] 09/11/2023 17:51

Indeed it would, Soul :-)

[soulsauce] 09/11/2023 17:44

No surprise to me either Charles, I would be rather chuffed. It will be nice to have something to cheer for a change.

[charles clore] 09/11/2023 16:45

Shhhh.... you'll have them all trying to beat you to the finish line!!!

[shortarm] 09/11/2023 16:33

And I have a decent sized invoice being paid tomorrow :-D

[shortarm] 09/11/2023 16:32

They picked project leopard license for a reason. Newmont database used, Newmknt but it?How much did Hot Maden go for?Buying AAU at this price is a solid stable company with several free lottery tickets thrown in!

[shortarm] 09/11/2023 16:24

Two rigs ploughing through a 22000M drilling program extended from 2300... guess they see reason to carry on swiss cheesing the place!Like 462 metres of mineralisation!!!

[charles clore] 09/11/2023 16:16

Shortarm - so results from under the hill should surprise, no, even shock the likes of Soulsauce, et al. Would be no surprise to the faithful though.

[soulsauce] 09/11/2023 16:13

And meanwhile we have had two rigs turning at Salinbas and news has continued to be like getting blood out of a stone

[shortarm] 09/11/2023 16:08

In his last interview Kerim seemed excited that they were moving the drill rig from Kiziltpe to Kepez because they think there is high grade results under the hill.
These were results not under the hill.............
New intercepts from surface for the Kepez North scree returned:
3.2 m at 11.53 g/t gold (Au) and 168.7 g/t silver (Ag).
5.3 m at 3.06 g/t Au and 62 g/t Ag.
Infill resource drilling results from the Kepez North vein include:
8.8 m at 6.23 g/t Au and 26 g/t Ag.
6.4 m at 6.23 g/t Au and 57.8 g/t Ag.

[soulsauce] 09/11/2023 15:56

Spot on Jaf and so would I. I have been here probably longer than most, even bigglesbingham having been persuaded in by Winnfriths penny share rag.
Like I said last week in all that nigh on 20yrs Ariana has only performed for shareholders for a very short lived period. Let's hope they can replicate it for longer and finally provide some shareholder value instead of just mgt value.

Lol Charles.

[dixi] 09/11/2023 15:51

All I can say is that KS hopes/expects Ariana to become a £500m company. Do you or don't you believe seems to be the current choice. Feels like something of a leap of faith just now!