Ariana Resources Share Discussion Threads

[ekuuleus] 31/7/2019 16:37

you should know better CC.

[charles clore] 31/7/2019 16:29

Strange little bounce on no trades. Something about to happen?

[goldenshare888] 30/7/2019 11:12

LOL ;-))

Lemmings have looked into the abyss and decided to stay put by the look of things - gold going up undoubtedly helping here.

Holding support here bodes well.

:-))

[charles clore] 30/7/2019 10:28

gs - so are you planning to jump with the lemmings or accumulate afterwards? No you don't have to answer that - I think I know... :o)

PMs looking good today.

[goldenshare888] 30/7/2019 09:27

The lemmings are lined up at the cliff edge - hopefully they will not have to jump/dump en-masse!

:-?

[someuwin] 30/7/2019 09:15

left field hopefully.

[sonoftherock] 30/7/2019 09:12

What, like nationalisation?

[plasybryn] 30/7/2019 09:10

And Quarterlies mid August of course. So lots of news to look forward too.
Might be some left wing items as well.

[plasybryn] 30/7/2019 09:08

Plus this from Kiziltepe:
Next Phase of Work

The next phase of work in the Arzu North area is underway with the generation of a new geological model encompassing the Arzu North, Derya, Ceylan, Aybor and Arzu Far North vein systems. Significant potential exist for the planned pits at Arzu North and Derya to merge into a single pit, following re-interpretation of the Aybor vein, which is located within a 30m wide zone between the Arzu North and Derya pits.

The current geological model will be updated, with the inclusion of the new Arzu North drill holes. Grade-control data from the Arzu South pit will also be reviewed in detail to provide additional understanding of how gold and silver mineralisation is distributed with in clay zones, sulphide zones and within stockwork halos associated with the Kiziltepe vein system. This will all be utilised for the purposes of new geological interpretation to help improve confidence in current resources.

Once the geological modelling has been completed, new pit optimisation work will commence to identify potential for merging the Arzu North and Derya pits and in defining further economic mineralisation along the Ceylan and Arzu Far North extensions. Mining at Arzu North and Derya is scheduled to start simultaneously during Q4 of 2019 following the receipt of forestry permits for these areas.

[plasybryn] 30/7/2019 09:06

Plus this on Salinbas is due soon:
Additional results from certain mineralised intervals are still pending from the laboratory.

[plasybryn] 30/7/2019 09:05

August/September we should also get this on Kizilcukur:

During Q3 2019 we are expecting to conclude our assessments on the feasibility of hauling ore from Kizilcukur to the Kiziltepe processing plant as part of a bulk processing trial. In anticipation of this, we have already completed the construction of a low-gradient haulage road connecting the trial mining area to the existing road network, enabling excellent access to the site. In addition, we will prepare a revised Mineral Resource estimate upon which we can make appropriate decisions about the future of the project. We expect that Kizilcukur will be an attractive addition to the JV operations, due to the high grades and gold recoveries that have been demonstrated in recent work."

[plasybryn] 30/7/2019 09:02

This was in the 29th March RNS: Have we had these results from the 600m diamond drilling program? Have we had the Permits for the further 1300m resource drilling and 1600m exploration drilling? Can't recall seeing anything.

Tavsan Activities

As part of the Zenit project team's ongoing internal feasibility study at the joint venture Tavsan Project, a 600m diamond drilling program will commence shortly. The programme will be focused on resource infill drilling for 355m (13 holes), within freehold land at the Tavsan North and Far North Zones, where historic intercepts include drill hole ODX100 - 14m @ 1.23g/t Au and drill hole ODX102A - 7m @ 1.06g/t Au. The Ariana team designed this drilling program and will be supporting the drilling activities conducted and funded by the Zenit team. In addition, geotechnical drilling (for 245 meters) will also be conducted during April 2019 as part of the internal feasibility study. A further 1,300 meters of resource drilling is currently planned for Tavsan, as well as a further 1,600 meters of exploration drilling. This additional drilling will likely commence once recent applications to the Ministry of Agriculture and Forestry are approved.

[goldenshare888] 29/7/2019 17:33

Lets hope so Charles or it could be lemming time!

:-(

[charles clore] 29/7/2019 14:37

This is a no brainer imho. biggles knew someone who traded a few million in and out and that explained the drop from 2.5p. Now sleveen is saying sanctions are affecting the price further but it is not clear what these sanctions are. At the moment they are only discussions to try and deter Turkish gas drilling off the Cyprus coast and it looks like they will turn out to be a storm in a teacup.

Share price is due a hefty bounce from here imho.

[theduke420] 29/7/2019 14:25

I topped up on Friday and my piggy bank is empty or I'd be buying more today. Silver is climbing higher and AAU is looking as cheap as chips

[soulsauce] 29/7/2019 12:01

An attempted coup is a little different to imposed sanctions.
The coup could have resulted in all sorts of complications, even a Syria type situation on a worst case scenario, a very unstable country at best.
Sanctions are to hit the economy which will probably lead to the lire falling further making gold production cheaper and still sold in dollars.
I do not see why sanctions should affect the share price of Ariana

What we have seen is a sell off on salinbas news and last production figures exacerbated by penny tipsters taking profits and a lacklustre broker that is unable or unwilling to do what it was brought in for.

[goldenshare888] 29/7/2019 11:55

I feel sleveen is right and mm will use the political issues as an excuse to mark down/tree-shake or whatever else they want to do.

AIM is certainly not a level playing field in my view.

[8rad] 29/7/2019 11:51

Yes at such low volume there is no justification for the fall other than MM manipulation. Justifies topping up here on takeover opportunities alone never mind the rest of the stuff.

[sleveen] 29/7/2019 11:40

Why would an attempted coup affect AAU business and bottom line?

Don't know the complexities but the share price fell at the time of the attempted coup, same with EEU sanctions, bound to.

[goldenshare888] 29/7/2019 11:34

It really needs to hold here to prevent a lemming like exodus...!

[kirbs4] 29/7/2019 11:30

Lower it goes the more attractive it will be for a bid?

[soulsauce] 29/7/2019 11:24

Why would any sanctions on Turkey affect Arianas business and bottom line?

Still producing cheap gold and the lire remains weak.

[dixi] 29/7/2019 11:23

Normal service is resumed at AAU! Wasn't it great whilst it lasted. As for sellers being bought in to question - well they have done really quite well.

[sleveen] 29/7/2019 11:17

The EU sanctions on Turkey will continue to drive the share price down.

GL.