Ariana Resources Share Discussion Threads

[carcosa] 03/7/2020 02:13

PG note: hxxps://arianaresources.com/investors/analyst-coverage

[paul280i] 02/7/2020 20:08

My biggest losses have been not recognising when companies overstretch themselves. One was Interserve who tried to design and build a waste to heat plant in Glasgow and failed, the other Petrofac with a floating oil platform which went wrong.
That's one of the reasons I'm pleased Ariana are getting involved with a company used to managing large projects with Proccea also involved who have proved they can build and operate a gold mine.

[paul280i] 02/7/2020 18:17

500k buy after hours!

[renniks2016] 02/7/2020 17:19

Ditto Kerbs- I wasn't so lucky/clever cost me £100k as I was working in Cameroon at the time with no phone service, gone 6wks and when I got back they had delisted! Right sector wrong time! But it's rot now, managed to claw my way back with ITM and BLD, like falling off a bike, you just got to get back on and learn. Lol

[jaf1948] 02/7/2020 17:02

Just watched the latest interview. Kerim came over as confident and in control of his brief. I hereby formally rescind my criticisms of the company that I made earlier in the week.

[kirbs4] 02/7/2020 16:58

One of my first 'mistakes' was a company making hydrogen fuel cells that ended up folding! On the early news i lost 90% overnight but bought for the bounce and ended up making about £4 profit overall before they were delisted.That was stupid really and i was lucky, the positive is i see myself as ahead on 'trading' and wont do it again so i stay there! :)

[plasybryn] 02/7/2020 16:38

Thanks risa5 for this link.

Somewhat strange perhaps to see Jeremy focus so much on Ivrindi when surely there is so much to discuss about the transformation J.V.
Couldn't he spot the elephant in the room?
Mind you, it seems with respect that there are lot of private investors also struggle to open their eyes to the potential here! Odd world at times. But all piddly little buys and sells today. Few hundred quid here and there. Not of any significance

[bigglesbingham] 02/7/2020 16:23

On BRR kerim omitted you mention procea buy in to salinbas. I've raised this and I've had it confirmed they will be buying in.

[soulsauce] 02/7/2020 16:12

Very good interviews.

[soulsauce] 02/7/2020 15:57

JC2706 (22920) post of the day and may be the year. I think we have all had our fair share of those, especially 2, 3 and 4. It can be a hard road to hoe this investing malarkey so it's best not to beat yourself up about it and just hope that at least you are heading in the right direction with the inevitable 'Doh' moments along the way.

[risa5] 02/7/2020 15:51

Gold producer Ariana Resources hits a record high as it initiates a JV

Ariana has divested itself of its 50% in the Salinbas and the Zenit Madencilik projects and taken on a joint venture partnership with the new owners. Kerim Sener, Ariana CEO, tells IGTV that it’s a great move for shareholders.

[shortarm] 02/7/2020 15:35

Sounds excited!!

[donald pond] 02/7/2020 15:32

It's holding above 4p. The RNS yesterday didn't confirm anything other than that the project would continue. It told us nothing about what the money will be used for, dividends etc. So perhaps the lukewarm response is understandable. And the lack of recent results won't help: any new investors seeking to research will ask what the last results said and don't have anything up to date to look at.

[plasybryn] 02/7/2020 15:28

Great post. Funny if it wasn't so true.

[dixi] 02/7/2020 15:05

Ha Ha - indeed - I guess AAU (probably seen as number 7), in reality, has done quite well - but it's the next jump to keep us entertained that's missing!!

[jc2706] 02/7/2020 15:03

I think that we all have to learn our own lessons the hard way. I am sure that we have all done all or most of the following:

1. Invested in a share that has tanked
2. Invested in a share that has tanked and not cut our losses before it tanks again!
3. Not invested in a share that has soared
4. Not invested in a share that soared even more after we didn't invest the first time around
5. Sold out congratulating ourselves on the 20% rise only to see it subsequently go up ten fold
6. Not sold out when a share topped only to see it collapse
7. (The most common of all). Invest a great deal of time and effort into researching a number of companies before deciding on the one with the best fundamentals. Invest and watch the money stagnate whilst all the others in the sector surge ahead. Scratch head in confusion before ultimately selling in frustration. Share price subsequently soars.

The only real alternative to learning these lessons is to put your money under the mattress.

[charles clore] 02/7/2020 14:58

3.9 and the gap is filled. Maybe after that we might see a bit of reality creeping back to this grossly undervalued equity.

[dixi] 02/7/2020 14:52

CrossfireCSSF - don't feel too bad, I turned my back on ASC (ASOS) at 4p, at one point I'd have made £7m had I invested. Reality is that if I had I would have still sold out way before that level was achieved.

[jc2706] 02/7/2020 14:37

It is difficult to look from the outside at GGP and see much value there. Those already in are messianic about it of course and can only see the path upwards. However, looking dispassionately at valuations across the gold mining space it is difficult to see on what basis GGP looks comparatively cheap. In fact, it is difficult to value GGP at all as it hasn't got a resource currently. When a resource is finally established it will be easier to judge but the current valuation is factoring in a huge amount of good news.

[bigglesbingham] 02/7/2020 14:37

This is traders who were in it to simply trade. Literally only seen rns and broker note which reiterates rns. The trades today equate to £50k, yesterday was only £380k . Point is we are in a dam sight better position today than Monday if shareprice doesn't fully reflect that then so what it will. I've be saying this for years and the price has risen steadily .

[soulsauce] 02/7/2020 14:31

And that is why Kerim has to get value to shareholders in other ways. Sticking it out without a Jv would have meant many more years of this slow grind upwards depending on the gold price. Now we have chance to strike out and just may be we might find some decent asset that warrants a much bigger value. That could be on Cyprus or elsewhere but with Kerims knowledge then who knows, this time next year we could be miwwionaires rodders.

[crossfirecssf] 02/7/2020 14:25

Can AAU, who were always the sounder of the two, reach a similar market cap? Based on experience, not whilst I'm invested in it, but those are the kind of thoughts that you have to bat away. It's a tough gig mentally sometimes this one...

[crossfirecssf] 02/7/2020 14:21

Yes Dixi, I was going to sell half of AAU and stick it into GGP 3 or so years ago. I had a 'gut hunch' when they were looking on the verge of administration at £2m market cap, but didn't move on it. 200+bagger since and I would be sitting on £2million. I try not to think of it...