Ariana Resources Share Discussion Threads

[bernymadoff] 12/2/2020 09:07

It was a buy that why

[thanksamillion] 12/2/2020 09:06

Though it is the fundamentals story as relayed by Biggles that really has the potential.

[thanksamillion] 12/2/2020 09:06

Technicals looking good, 14 day RSI at 65 has lots of room to rise.

[shortarm] 12/2/2020 08:45

600k let go as soon as the price rise and it didn't flinch - looking strong!

[gaddy88] 12/2/2020 08:24

No no, for RNS to drop that week. Can't see much pull back in price now unless agreement fails to occur.

[bigglesbingham] 11/2/2020 23:05

I just looked at timescale and thought end of feb would be tight let alone mid feb. However they got drilling done very quickly. Your comments regarding sensitive information is true but your also correct in that when you see people or chat with them you can sense how they feel. When I visited the mine in October 2018 the shareprice was at 1.17 to buy the previous week (I know as I bought just before my visit). Many things became apparent during my visit all of which I posted at the time. However the enthusiasm emanating from MDV , Kerim and Chris (sangster) was tangible. They weren't concerned about the shareprice and didn't really follow it (we not as much as me anyway) they knew what they had basically and they knew that time would realise the value. One of the reasons I invested so heavily here was an off the cuff comment MDV made in a presentation which I could tell was heart felt and that was Kerim was one of the most intelligent people he have come across. For him to say that with his experience excited my interest.

[bigglesbingham] 11/2/2020 22:53

Hope your not referring to shareprice Gaddy!!!

[moneymaker2015] 11/2/2020 22:05

Another prediction for tomorrow...

Strong blue day, going to push a buy price of 3.20p too. Any one selling today will likely regret it as we’re not going back below 3p this week.

I’ve been correct so far, let’s see if it happens again...

[gaddy88] 11/2/2020 21:51

Week beginning 24th Feb is when it will drop. Ties with all else stated previously. What's a few days anyway, might get some new investors on board as the story evolves.

[temujiin] 11/2/2020 19:56

“entering into a binding agreements and shareholder approval, no later than the end of Feb. 2020”.

On the face of this it looks like we should be seeing an RNS any day....but I think we need to respect that Biggles is uniquely connected to the BOD given his 3%+ holding and visit to Turkey and although I doubt he knows any sensitive information, he probably gets a general steer from the BOD, and the mood music is to expect an RNS late-ish in the month. So I suspect the above has just been poorly worded.

[charles clore] 11/2/2020 17:01

Brad - I am hoping for about 8p short term

[bigglesbingham] 11/2/2020 16:22

Only one small trade below 3p very reassuring

[bigglesbingham] 11/2/2020 16:21

My thoughts exactly pal

[shortarm] 11/2/2020 14:56

Good fight between buys and sells at this level..Solid base for the next jump which will hopefully be on results and prior to the jump on the agreement....

[kaos3] 11/2/2020 14:16

CC - good strategy for a slow market. in fast moving it is more difficult.

3p retest - as expected.

I added above reason because each day a RNS can strike and then I would curse myself for being stingy

[brad44] 11/2/2020 13:06

What are you looking at Sp wise CC? assuming all goes to plan?

[charles clore] 11/2/2020 12:26

I built up most of my holding by placing limit orders. Sometimes had to wait days to fill but got them all for a good price. Might be different now though!

[carcosa] 11/2/2020 11:36

k3, Deal over the telephone, because the market makers are obliged to deal, unlike electronic trades on SETSqx where they are not obliged fullfill your order.

[kaos3] 11/2/2020 10:53

ekuuleus - can you explain it to me or give a reading material on the MMs topic - why on certain only (small) stocks spread is huge?

why do certain MMs at specific stock not want to fill a trade despite me bidding at the offer? why do they offer then? even above the offer they do not want to sell?

does the Co have any influence over MMs ?

why are they allowed to withdraw the offer after they see an order (insider info??)
etc
I had problems buying as well.

TIA

[plasybryn] 11/2/2020 10:37

Sorry - posted twice by mistake.

[plasybryn] 11/2/2020 10:36

I think you could be right Biggles. I've looked back through my notes and see that I recorded that following a chat I had with Michael on 9th January, that the target was to conclude Due Diligance by the end of January. Then they iron out and agree the definitive Agreement by hopefully 29th February. This will then be put to shareholders to ratify at a General Meeting, which presumably will be held in March. If the D.D. process has been completed end of Jan. as planned, and we haven't heard anything, then I think we can safely assume therefore that that part of the process has gone to plan without any hic-ups.

[plasybryn] 11/2/2020 10:04

I think you could be right Biggles. I've looked back through my notes and see that I recorded that following a chat I had with Michael on 9th January, that the target was to conclude Due Diligance by the end of January. Then they iron out and agree the definitive Agreement by hopefully 29th February. This will then be put to shareholders to ratify at a General Meeting, which presumably will be held in March. If the D.D. process has been completed end of Jan. as planned, and we haven't heard anything, then I think we can safely assume therefore that that part of the process has gone to plan without any hic-ups.

[mad foetus] 11/2/2020 09:03

The spread does go up and down but it's in an 18 month uptrend, it's not material to anyone looking to hold for longer than a few days.

[ekuuleus] 11/2/2020 09:02

odvod, yo're right you don't know. Why don't you research what the MM's do and how a market is formed, rather than casting baseless aspersions?

[odvod] 11/2/2020 08:59

AAU has bad MMs. wide spread, not allowing it to run, killing "sound" buying and selling if MMs do not their above normal cut. something that the BOD should look at. can it change I do not know