Ariana Resources Share Discussion Threads

[charles clore] 25/7/2019 13:37

A pundit probably makes a nice living from his subscribers' trades - wouldn't surprise me to see a certain individual buying at the bottom after the sheep have sold and selling again at the top after a juicy bit of news (followed by the usual 'take profits' article. Nice work if you can get it. It's a pity they don't publish details of their trades for scrutiny lol.

[bigglesbingham] 25/7/2019 12:51

Few million he just trades but doesn't do long term

[jc2706] 25/7/2019 11:43

Agreed. Hit the upward trend line and bounced. Now need to see if it follows the trend higher or breaks down. The direction of travel is positive currently so I would back following the trend.

[gymratt] 25/7/2019 11:31

Nibbled another 180k. Looks set to bounce off the bottom upward trend line imo.

[shortarm] 25/7/2019 10:00

How many did he sell? Do you know his reasoning?

[soulsauce] 25/7/2019 09:32

bigglesbingham 24 Jul '19 - 18:18 - 15562 of 15568

Seller has gone !!

And so have the buyer's, damage done. Good news now required to attract back some PI's.

[bigglesbingham] 25/7/2019 09:17

Factual I know the seller

[jaynesdad] 24/7/2019 22:44

Hi Plas
From memory there was a pic on Twitter maybe last year of a spectacularly high grade vein visible at the N end of Arzu south disappearing under the hill towards Arzu North. This is only a memory and I had a quick look on Twitter but couldn't find. Hope I didn't dream it!

[plasybryn] 24/7/2019 20:31

A Resource joining Arzu North to Arzu South under the hill would be amazing and I suspect very likely. I suspect Ariana has felt confident about this for a long time. Ok it means a lot more expedition no doubt to prove it up and it's viability leading to an underground mine and additional capital, but the grades would probably be good. And all on the doorstep of the Kiziltepe mine. Let's hope they start to put some meat on the bone of this potentially exciting development soon. An exciting twitter teaser!!

[swallowsflysouth] 24/7/2019 19:24

There has been previous mention of a potential underground mining operation at Arzu South. Need results of that drilling program and how deep down veins are.

They will also need capital for investing in other projects as previously mentioned by Kerim

[loafofbread] 24/7/2019 19:00

Bb,
Theory or factual?

[highly geared] 24/7/2019 18:53

This is one of patience whilst the BOD need to navigate a way to fund a much bigger and more aggressive Salinbas drilling campaign to deliver a material JORC resource.

The market cap is arguably up with events in terms of attributable gold production, net revenues etc.if compared to AAZ that’s knocking out nearly 6x attributable production at lower AISC.

The catalyst here is to both increase net attributable production + have a multi million oz JORC in the bag for Salinbas that excites the market.

Very well run company on par with AAZ.

Equally if gold/silver really rocket then all producers will rise.

[bigglesbingham] 24/7/2019 18:18

Seller has gone !!

[charles clore] 24/7/2019 16:56

Kerim is a master at pulling rabbits out of hats!

[plasybryn] 24/7/2019 16:53

Sounds like it should be in an RNS - no?

[paul280i] 24/7/2019 16:43

From Twitter:

"Hitting vein in RC drilling where expected at Arzu South - nice long intercept of vein and stockwork over several metres #AAU #gold #mine"

Wow, it's there!

[jaynesdad] 24/7/2019 15:58

Hi Soul, think Irvindi is some way off, but Kizilcukur distinct possibility assuming trial processing and negotiations with JV for inclusion go well. A second ball mill may need to happen to keep Kiziltepe at 25k+ as the grades tail off (as expected) following the move away from Arzu South

[jaynesdad] 24/7/2019 15:50

Apparently new photos on Twitter, assume of new drilling at Arzu South beneath the existing 'floor'

[soulsauce] 24/7/2019 15:48

Hopefully irvindi and kizilcukur can take up the slack and may be a 2nd ball mill.

[thanksamillion] 24/7/2019 15:44

Wel oi soitanli dod.

;-)

[bigglesbingham] 24/7/2019 15:34

Art of conversation is getting ones point across I assume you knew what I meant ??

[bigglesbingham] 24/7/2019 15:32

Yea it's out of their hands they need to find best way to get the materials to kiziltepe. At this price there's still good scope for increase to 3p plus on kiziltepe alone .

[jaynesdad] 24/7/2019 15:32

Agree Soul, since the Gantt chart was dropped (for good reason it has to be said) Tavsan development has been a bit elastic. That's why have said that 2, possibly 3 things are needed to move this share significantly at the moment - a decisive increase in POG/POS, a definite statement on the Tavsan development and the wild card that would be a HM2 discovery. Or I suppose a cheeky bid. Otherwise we are going to have to bide our time and wait. I've not got a downer on this, and I have too many shares here to feel truly c comfortable, but at the moment we are essentially as 12500oz producer at net cash of $1000 per oz (from April 2020). And there are demands on that cash

[soulsauce] 24/7/2019 14:40

With respect though bigglesbingham Tavsan is still 18months to 2yrs away at best. I think that was another piece of information in the Kerim interviews that turned some PI’S away.

That project just goes further and further back. I remember being called deramper for suggesting at the last placing that Tavsan would not be producing by 2020.