Ariana Resources Share Discussion Threads

[plasybryn] 07/9/2019 19:18

I see UFO is coming back to life. Just found some silver. Long term dog. Great care needed.

[charles clore] 07/9/2019 13:03

5huu7 Sep '19 - 08:20 - 16656 of 16665
CC, what listed companies would you suggests for Silver? (Rather than physical).
I tend to ignore silver, but very tempted now to have some exposure to Silver.

5huu - I am in this for the long term as I think it offers good exposure to gold and silver and is currently undervalued. I trade Hocschild occasionally and think the favourite silver stocks these days are First Majestic, Silver Wheaton and Fresnillo but please do your own research before buying.

[2tyke] 07/9/2019 10:08

They are very close to topping. Every metric is screaming that.
Probably one more thrust higher.
Mebbe you could do with a bit of protection to the downside yourself....or have you already got it covered.

[bigglesbingham] 07/9/2019 09:55

Also three times the fall!!! Great funds for a punt if you truely think silver and gold have peaked

[5huu] 07/9/2019 09:39

Thanks Plas, Biggles.

[2tyke] 07/9/2019 09:34

Three times boost in silver biggles ?
Well the call to put option ratio is currently at an extreme record high for silver.
Never been higher. Hedge funds are now holding gold....but betting on silver.
Bullish articles abound on why silver will out-perform even gold.
Is it wise to jump onto this rocket at this point ?
I think many still will.

[bigglesbingham] 07/9/2019 09:10

Very clever ha ha . And that true about choosing your name.

[bigglesbingham] 07/9/2019 09:08

I have physical gold in collectors art from Perth mint in Australia. Much nicer to look at and collectible. Yes I don't regularly predict but a genuinely do see late 2p low 3p before mid November. Sure some will point out if I'm wrong but there are very strong arguments for this based on news. If this does happen then you may have to add a premium for momentum investors but this premium will be removed quickly when they sell. Good post btw.

[bigglesbingham] 07/9/2019 09:02

Boost - three times growth in silver price.

[8rad] 07/9/2019 09:00

If we can keep at current production levels with the increased price of gold and silver then our next gross quarterly income should be pushing $12m. Surely that must be the right time to talk dividends again mainly for defensive reasons.

[plasybryn] 07/9/2019 08:35

Ariana is a big contender in the silver space whilst having the benefit of gold as well.

[5huu] 07/9/2019 08:20

CC, what listed companies would you suggests for Silver? (Rather than physical). I tend to ignore silver, but very tempted now to have some exposure to Silver.

[plasybryn] 07/9/2019 08:17

Well done Charles. I agree with you re: Silver probably having more upside - 50 rather than 80 times is the norm. - but I'd be reluctant to convert your gold to silver due to the horrendous spreads etc. Best to keep buying a bit more silver when funds allow perhaps. And of course possible VAT liability on silver! Mad4Silver are very good if you are looking for a dealer. Snurkle who runs it, posts on the Silver thread.

[charles clore] 07/9/2019 08:07

plas - I have 15 ounces of gold and 600 ounces of silver but am told that silver will likely outperform gold by many times. Thinking about perhaps converting a few ounces of gold now as you get 80x silver.

[plasybryn] 07/9/2019 07:47

Like your prediction Biggles. Can't recall seeing you do that before. But I tend to agree. We must be looking at potential news coming up, which isn't just run of the mill and could surprise the market.1. The Kiziltepe results leading to a new Resource and extended Life of Mine could surprise. They haven't done anything on this since the original Business case, so long overdue.2. As you say we could get an injection of cash as Kizilcukur is finally brought into the JV. That could surprise.3. The next quarterly results in early October could surprise as the impact of the higher gold & Silver prices feed through into the bottom line. Awash with cash!!4. Institutional Investor- we keep hoping and yes if we got such news I think it would show we are at last being taken seriously. Confidence builder.5. Strategic investment. Could surprise.6. Salinbas Strategic business plan - news of incoming strategic partner could be very accretive imo.The Interims, later this month, and the continual depletion of the tail end of the loan, are all known about, so perhaps less impactful, but still important. We seem to be on the edge of a tsunami of potentially very exciting newsflow which I hope the Co. will manage effectively. 2.8p plus sounds about right for Q4 but who knows could be a lot more.Negative interest rates are a real red flag. They mean Central Banks can't sell their toxic debt as it matures. They then have to print even more money to buy their own debt which leads to dilution of the currency, inflation and loss of trust in the Fiat currency. Actually they don't care as inflation is the old tool they have to dissolve their unsustainable debt. As this plays out, gold will become ever more important to protect capital. It is easy to see, as some do, gold going to $5000 per oz or more. Anyone agree? Are you hold some physical gold as well?

[2tyke] 06/9/2019 21:46

Big keyboard know it all....

[shortarm] 06/9/2019 21:21

Unpleasant? That'll be me :-DBut only because you're like the biggest idiot I've ever encountered- little keyboard know it all....

[2tyke] 06/9/2019 20:47

It's not the decades or indeed the timeframe that's important biggles. It's really a human behaviour thing.
Do you not think that traders/investors would be likely to do similar things at similar junctures? Would they not be likely to act to protect the same level of profit ? Or to rationalise a similar level of loss ?
You see, I think that you might believe that most investors are actually more interested in the future economics of a company (which can't ever be accurately assessed), than they are in the making or losing of money.
And you'd be completely mistaken.

[bigglesbingham] 06/9/2019 19:50

Sometimes I feel I am , I'm sure I bumped into you there last week spouting some guff about predicting the future gold price based on what happened decades ago. ?

[2tyke] 06/9/2019 19:32

This bb seems to consist of a majority of very nice and patient gold bulls. Unfortunately there are a minority of unpleasant types who do tend to lower the tone of the largely informative posts.

[shortarm] 06/9/2019 19:21

What a tool end!I presume :-)

[2tyke] 06/9/2019 18:32

Wasn't referring to your post biggles.....I was referring to backmarkers oct 2018 chart observation.
Are you away with the fairies biggles ?

[bigglesbingham] 06/9/2019 16:18

Sorry again 18th day of November

[bigglesbingham] 06/9/2019 16:17

Sorry meant nov 18