Ariana Resources Share Discussion Threads

[charles clore] 26/7/2019 12:02

Thank you JD. I feel there is little point in not believing in something that you have invested in unless there is something obviously wrong with it. I feel the same way about life in general too.

[jaynesdad] 26/7/2019 11:49

Charles, I love your cup half full approach. Why not? Interpretation of delayed Salinbas results as being positive and celebrating a share price reduction - I raise a glass to your positive outlook to life sir!

[soulsauce] 26/7/2019 11:47

Excellent post as usual Kirbs.

[charles clore] 26/7/2019 11:39

Good points - I would also remind the thread that there are still some drill results to come from Salinbas. Why the delay? Could they possibly be so good that they had to be re-assayed?

Another point is that a re-test of the lower trendline is a positive thing.

[jaynesdad] 26/7/2019 10:16

I'd agree with others here that there is no good reason for this drip down. 2 mediocre (only by comparison with all RNS' of recent memory) RNS and back we are to daily declines - yet we reached 2.5 intra day a month ago. Pics being posted on Twitter imply good news to come, though obviously not yet objective enough to justify a RNS which obviously could affect the market in the shares. Confirmation of the successful April '20 repayment of the loan (maybe they will surprise by earlier repayment by a month or so, just a thought) just has to give a boost - Based on 25000 oz/ $1400 POG/ $450 costs/ 1.25 £/$ I get net income to AAU of over 9m pa - with a current MC of £22m! Please correct me if I am wrong. Seems a no brainer. Just have to sit it out (something us long termers are good at) and hope that the chartists on the board are right and we are about to bounce!

[8rad] 26/7/2019 10:06

Had to top up...it would be criminal not to.

[soulsauce] 26/7/2019 09:54

1candc you are right, that is why I said this is the way with Ariana and being PI centric and at the mercy of penny tipsters just adds to it.

[1candc] 26/7/2019 09:50

It's always been like this with Ariana over the years, speculative buys come in on news and momentum, stick around for a while then shove off elsewhere. The trend is still up and the news trajectory is potentially good so nothing to bother committed holders with a long term horizon.

[charles clore] 26/7/2019 09:46

super - I think you'll be very lucky to get them anywhere near 1.8p. I am expecting a strong bounce off the current price as we are right at the bottom of the lower trendline now.

[supercity] 26/7/2019 09:35

Put a couple of orders in at 1.8 in the hope they have a bit of a shake

[buoycat] 26/7/2019 09:32

That's because logically the price isn't just determined by simple buy and sell volume. Since they always end up being equal! And often share prices move significantly on no volume.I've held these shares for at least 6 years. Little point watching too closely. I'm still loss making.

[charles clore] 26/7/2019 08:57

Sure is a bummer

[cinoib] 26/7/2019 08:56

This is getting out of hand, gold rising, silver rising even faster and all this does is fall. Wish I'de gone for my other selection now as am way down on this. Teach me a lesson in future not to get bitten by the same dog twice.

[soulsauce] 26/7/2019 08:50

Back to 2p on the bid. Will it hold or is the unbelievable going to happen and we go back in to the one's :-/

[charles clore] 26/7/2019 08:48

Whoops - looks like that seller found a few more down the back of the sofa!

[bigglesbingham] 26/7/2019 08:47

MMS doing tree shake more buys than sells and reduce price by 3.5%.

[jaynesdad] 25/7/2019 17:40

Would you mind having a quite word with him Biggles, he's ruining my week!

[loafofbread] 25/7/2019 16:16

BB,

Thank you for the reply.

[jc2706] 25/7/2019 15:57

Pretty much my methodology. I tend to look at the macro level and pick companies that I think are going to be successful in that. I do tend to focus on commodities to be honest so it is largely a case of making hay while the sun shines.

[bigglesbingham] 25/7/2019 15:56

Yea my pal who sold out certainly ain't in poverty. He tends to follow momentum I don't know ins and outs of his trades but seems to do ok. It's a hobby for him

[charles clore] 25/7/2019 15:33

JC - that is why I am more than happy to pick my winners a couple of years out, then sit back and do nothing except hope and pray that they do what I think they will... lol

[jc2706] 25/7/2019 14:31

I usually associate traders with poverty to be honest. Difficult to beat the market at the best of times but having to time it again and again is nigh on impossible.

[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.