Ariana Resources Share Discussion Threads

[charles clore] 10/7/2019 16:36

$1500 gold price would pay for all of the Salinbas drilling.

[ileeman] 10/7/2019 15:33

Most producers up today AAU still sideways, I expect consolidation in both AAU and Gold will complete this week.

Gold $1500.

[charles clore] 10/7/2019 15:09

DRH3 - needs must. I trust you still hold a fair whack.

[drh3] 10/7/2019 15:00

Circumstances forced me to sell a chunk this morning. Not something I wanted to do.... such is life.

[charles clore] 10/7/2019 14:54

Selling is unacceptable at this stage - everyone knows the rule is sell ON NEWS!

[parvo] 10/7/2019 14:18

SFS: potential US interest rate cut

[swallowsflysouth] 10/7/2019 14:05

pog just rocketed 15$ ? why ?

[dixi] 10/7/2019 13:53

I guess it is just that 'potentially'. Time ticks on and nothing is a given in this game.

[bigglesbingham] 10/7/2019 13:17

Really don't understand those so near to potentially very positive news

[d1g3y] 10/7/2019 11:34

Looks to be a couple of big sells gone though this morning

[bigglesbingham] 09/7/2019 12:40

Good point yea makes sense

[nov31] 09/7/2019 12:14

I think the 550k and 541k was possiblY a bed and breakfast isa deal?

[bigglesbingham] 09/7/2019 10:43

One 250k sell price drops 2% then 1m buys and it doesn't budge ?

[charles clore] 09/7/2019 09:46

I can't think of a better place to put my money (selling is not an option) to catch the most advantageous gains when a) Salinbas results are published, b) highly profitable production continues at Kiziltepe, c) Tavsan mine is progressed for a totall target of 50 koz p.a. and d) gold and silver break free of $1440. We are all waiting for the starting gun in 3 of these events but the important one (b) is already putting money into the bank today. A no brainer imho but please do your own research

[rhuvaal2] 09/7/2019 09:31

Salinbas is still a speculation: I have no agenda except to say the old adage of
"sell a miner or an oil stock while it is drilling" seems apt. My other goldies have done so well of late I have reduced here from IM plus (at free carry) down to a humble 250k.
There were a quite a few sells yesterday and I am happy to watch with a minimum of
cash here. Good luck all

[ileeman] 09/7/2019 09:02

Consolidating in a triangle currently above the recent multi-year resistance at 2.1-2.2p, big gaps towards 3-4p when it does move higher.

Looks like it is waiting on gold move we still have not seen a backtest in gold so perhaps a little bit more weakness short term but medium term I only see this and gold going one way, put my money where my mouth is and add significantly last week.

[crossfirecssf] 09/7/2019 02:00

Bang on Soulsauce, the chart is strongly indicating a short term gap-up towards 3p. Looking goood...

[jaynesdad] 08/7/2019 20:04

Agree Thanksamillion. The thorough understanding of the geology seems to contribute to the industry leading low discovery cost - Ariana don't just randomly drill to discover gold, they have a pretty good idea where the best target areas are. If they spend a bit more time on analysis and modelling then that's fine by me. Far better than a rushed RNS followed by a later admission that they had it wrong - that would n turn lead to a rapid loss of the confidence that has been slowly but surely built up recently.

[thanksamillion] 08/7/2019 18:41

Most on here are long term holders, as long as the results are presented fully and accurately timing is a secondary concern.

[sonoftherock] 08/7/2019 16:21

What about disclosure? Are they allowed to sit on price sensitive information once they have received it? I know that on ASX this isn't allowed. I've invested in many small miners on ASX over the years.IMO there's no reason why drilling results cannot be issued within hours of receiving them from the lab. Even if they want to paint a pretty picture, they have everything they need to hand. To delay more than a day or two seems strange to me.

[bigglesbingham] 08/7/2019 16:17

Hope it's MDV ahead of results

[soulsauce] 08/7/2019 16:16

Sp chart looking very hot again. Some good news now could really kick it on.

[jaynesdad] 08/7/2019 15:54

Kirbs, they were expecting the assays back probably last week. They aren't going to rush this, Kerim is very thorough as we know. Not only are they going to look at the grades but match those to the model, and perhaps if necessary revise the geological model. I know we are all keen to see the results (I know I am) but I am personally not expecting anything announced about NE Turkey until the latter half of July. Preliminary production results for W Turkey maybe later in the week?

[thanksamillion] 08/7/2019 15:44

Looking at todays trades and share price action I get the feeling there is/are large buyers in the background building an as yet un-notified trade.