Ariana Resources Share Discussion Threads

[bigglesbingham] 21/7/2020 09:21

Good in a way in that it's a steady performer. I'd be a little uncomfortable with having so much money in it if it was susceptible to wild swings tbh

[charles clore] 21/7/2020 09:17

Biggles - it beggars belief how few are taking advantage of this free lunch. Seems strange really when the crowded AIM space is packed with speculators chasing rainbows based on poke and hope and yet this certainty is being largely ignored

[1candc] 21/7/2020 08:50

Good analysis bigglesbingham, thanks for that

[bigglesbingham] 21/7/2020 08:43

His motives have been well documented on this board. He is stuck between a rock and a hard place. He knows value of company but has to cover his backside because if it went down he'd pat himself on back because he said take some profits and if it goes up he says I told you to keep majority. The story has become so strong now he knows telling clients to sell would cost them money as the chances of retrace are so slim. An understanding of how the "tipster" but also owner of the stock works means his latest article is that much more bullish than it actually reads and let's face it, it's bullish at face value so he's saying get in quick and fill your boots it rare and opportunity of sure upside with very limited downside comes along but it's here now.

[charles clore] 21/7/2020 08:34

This man is not an ordinary investor. He is a tipster whose reputation relies on repeated success. That's why he always locks in profits rather than let them run.

[plasybryn] 21/7/2020 08:23

Thanks Biggles & Somuwin. Great stuff

[1candc] 21/7/2020 08:21

Thanks for the article bigglesbingham, I still find it odd why Nigel advocates top slicing at 5p when he places a much higher valuation on the stock, he advocated this before at a lower SP, presumably when investors top sliced back then they would have the dubious honour of buying back here at a higher price now than they sold at. What is wrong with buying and holding for the long term and the potential real big gains further out? Beats me

[charles clore] 21/7/2020 08:17

I can see the price disconnecting from the pattern of the past 2 months very soon. I would say 6p is on the cards here in the short term.

[bigglesbingham] 21/7/2020 08:09

Great post thanks

[bigglesbingham] 21/7/2020 08:08

Well that didn't stay low for long

[bigglesbingham] 21/7/2020 08:03

Can't believe they made bid 4p , just catching the last of the weak sellers

[soulsauce] 21/7/2020 07:55

Thanks for posting someuwin you beat me to it. No wonder silver is fizzing.

Bigglesbingham thanks for sharing, good read.

[someuwin] 21/7/2020 07:48

SILVER SHORT SQUEEZE ALERT: Sprott Silver Trust To Purchase $1.5 Billion Of Physical Silver, A Jaw-Dropping 8.8% Of Annual Global Production!

[kirbs4] 21/7/2020 07:39

Thanks for sharing Biggles! Great write up albeit, as you say, not quite factually correct.

[bigglesbingham] 21/7/2020 07:14

I think the LTH I know would be having second thoughts if they are considering taking profits with so much imminently expected the first being accounts

[renniks2016] 21/7/2020 05:35

BB I think you are right and this is and order that got filled yesterday but has been open for a week or more, price ticked up after filled to 4.3 so safely assume not a sell. We are likely to see some large volumes over the next few weeks, I can't help but think that the time frame and criteria for some LTH will be met this week and they realise some profits. But demand and fundamentals are strong and this will see us through 5p going into September and big news imho

[kaos3] 21/7/2020 05:10

I feel like coming to America with AAU. All great and free and blue sky is the limit - positioning and land grab is going on (JV) in an agressive no rules manner. The process can not be predicted - stakes are high.

[bigglesbingham] 21/7/2020 04:55

Silver $20.34

[bigglesbingham] 20/7/2020 22:32

Not really a clue tbh it just I think that is too high to be a sell of that magnitude but could have been a buy accumulating over several days when price was sub 4p? I know one thing it wasn't me. I'm looking forward to the accounts. I'm hoping they continue upward momentum ahead of all other news. I'd like to see them before August.

[soulsauce] 20/7/2020 20:43

Thanks Mattjos.

stonedyou tell someone who cares.

[mattjos] 20/7/2020 20:21

“The net outcome of their latest forecast is an average gold price of $1,861 for this year’s Q3 and $1,966 for Q4 (the actual gold price average figure for Q2 was $1,711 and Q1 1,583, which demonstrates how bullish the new estimates actually are). Indeed the $1,966 estimate for Q4 suggests that at some stage during the quarter the gold price will comfortably exceed $2,000 spot.”



Murenbeeld have a very good track record forecasting Gold, usually a little more conservative than others.